Published Monday, 09 July 2012
New Liverpool manager Brendan Rodgers. (© Getty)
Rodgers said an "exciting" deal could be completed in the next few days.
"We don't have a wheelbarrow load of money, there is not the money flying about people think there is," said the Northern Irishman.
"There certainly won't be as many [signings] as is being labelled out there.
"There have been a whole raft of players being linked and only a few are real targets for us.
"The reality is we have only made three or four enquiries about players and hopefully can close out one deal this week which will be a real exciting one for the club, one the supporters will absolutely love.
We want to work with the great players we have here and make three or four tweaks in relation to the squad that can help the group.
"We want to be competitive in every game and challenging at the top end."
Rodgers opted out of the chase for new Spurs midfielder Gylfi Sigurdsson as he refused to pay over the odds for the player.
"This is a club which is a way of life, it is not just a club where you turn up for two hours' training and then go away," said the 39-year-old.
"You have to be prepared to come into the culture and philosophy of the club and if you don't then it's not a problem but this is not the right fit for you.
"I want players that are hungry to succeed and want to match the ambitions of how we want to move forward and the reality of that is there are very few players who can match that.
"I don't just want to identify a player and then let them come in at whatever cost.
Meanwhile striker Andy Carroll has been linked with AC Milan but the Liverpool manager insists there has been no approach.
"I haven't had anything from AC Milan at all," he said.