Liverpool boss Brendan Rodgers has insisted the club will not spend money "for the sake of it" in the final month of the transfer window.
The Northern Irishman has already boosted his squad with the arrivals of Iago Aspas, Simon Mignolet, Luis Alberto and Kolo Toure, but missed out on the signature of Henrikh Mkhitaryan and is thought to be keen on adding a centre-back.
However, with a host of names being linked with a move to Anfield ahead of the 2013-14 season, Rodgers has underlined the importance of signing the right player.
"They have to be of the right quality, that's the bottom line," Rodgers told LFC TV. "We've got money to spend on getting that quality in but if it's not available I won't waste it for the sake of bringing a player in.
"We're really working hard to bring in the type of profile that can really help us push on. We just need to see if that's available and affordable."
The 40-year-old also had praise for the club's latest acquisitions, who have played a big part in helping Liverpool win all four of their pre-season fixtures without conceding a goal.
"All of the new boys have settled in really well," he added.
"Simon Mignolet has been first-class. He has shown that he is one of the top young goalkeepers in European football. I think he will prove over the next coming years at Liverpool that he is a top goalkeeper.
"Kolo Toure speaks for himself - his experience and his fitness has been first-class since he came in. And he's a really good man. That was the idea of bringing him in, because of his winning mentality and his personality.
"Iago has settled in well and got a few goals in pre-season, which is great for his confidence. He's a livewire in and around the box, and he's a good man.
"Luis Alberto is obviously still young but has shown the qualities, technically, and has got a strong mentality. I think we can see early on that he can end up being a very good player for Liverpool."
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