I think the plus now is that we have a proactive, rather than reactive, transfer structure. Where there is a clear line of thinking and positive success rate. I trust Klopp and the club to buy the right players.
I think we needed a centre half, though maybe Klopp thinks that another year of experience for some players and the added assurance of Fabinho in front, bridges that gap.
I think he wanted Fekir ideally, but isn't going to be held over a barrel, while the form and condition of Sturridge, plus the unexpected ease at which Shaqiri has settled, has maybe made him less of a priority right now.
He has been rightly ruthless over Karius/Allison, for which he should be commended.
As for finance, on one hand it's fairly obvious FSG won't commit their own funds - JM is right to a degree, we've sold Coutinho and got to a CL final, so the actual spend only really reflects that income. But weve made significant changes to the stadium while they've allowed us to completely reinvest from sales, rather than them taking a cut, etc. But our income should be one of the best, so their business model in that sense is working. Profit from commerciality with a system of selling your best players at peak price, to then reinvest in players who will give another few years, before the same repeat process. It's working, provided no one breaks the wheel, by buying a Mario.
We have the right people in place now to make that repeat process a success. That's probably more important for longevity, than repeated heavy investment. Obviously provided we can keep that structure in place, which is never a given. I personally wouldn't lavish too much praise on FSG for what we've spent, but they should be applauded for realising their vision.