The Reds waited until there was only days remaining of the window before they secured their first signing of the month – Porto’s Luis Diaz.
While they look likely to sign Fulham wonder-kid Fabio Carvalho, it appears unlikely that anymore big names will arrive at Anfield before tonight’s deadline.
However, their lack of January business hasn’t stopped them from being linked with some extremely intriguing signings – some which they could perhaps consider in the summer instead.
Here are the most likely Liverpool transfers on deadline day – some more likely than others...
1. Luis Suarez - 40/1
Aston Villa are currently favourites to sign Luis Suarez at 7/1, however the striker has also been linked with a return to Liverpool. Photo: Soccrates Images
2. Raphinha - 33/1
Raphinha has been linked with a move away all month, however West Ham are currently favourites at 20/1. Liverpool, Bayern Munich and Chelsea are also among the clubs interested. Photo: Robbie Jay Barratt - AMA
3. Todd Cantwell - 33/1
A move to Anfield for Todd Cantwell seems unlikely, with a number of clubs ahead of Liverpool in the bookies odds. Bournemouth are currently favourites to sign the 23-year-old. Photo: Harriet Lander
4. Kalvin Phillips - 33/1
West Ham are currently favourites to sign Phillips, while a number of Premier League clubs are also interested. It seems unlikely that Liverpool would sign the midfielder today, however he could be set for a summer move. Photo: George Wood