Cody Gakpo might be Liverpool's only January signing, admits Klopp

Liverpool manager Jurgen Klopp admits the signing of Cody Gakpo from PSV Eindhoven will impact what else he can do in the January window.

The club struck an initial £40million deal to bring the 23-year-old to Anfield after three days of intense negotiations over Christmas and made their move ahead of schedule to see off competition from rival clubs.

Another forward was not top of their list of priorities as Liverpool's midfield still needs strengthening but their options in that department may be diminished due to their outlay on the Netherlands international.

Borussia Dortmund’s England international Jude Bellingham remains their number one target – although his soaring valuation may ultimately prove prohibitive – but that is likely to be a deal discussed in the summer as the Bundesliga side are unwilling to allow him to leave mid-season.

It means, unless an opportunity which is too good to pass up arises, Klopp may have to wait to bolster his midfield.

"I would say in principle it’s like this for all people in the world: the money you spend has an impact on the money you can spend (in the future). It’s not that it increases it. It has nothing to do with each other.

"We know what we want to do and we will see if we can do it. It’s about money, of course, but it’s more about how it always was – about the right players as we are really happy that we could get Cody.

"He is a young player with a lot of potential. If he would have already been scoring 40 goals in Spain or whatever he would be unaffordable.

"These kind of things, it’s all about timing. Getting these boys at the right moment that they didn’t already score 55 goals per season and stuff like this.

"That’s why we were really convinced. He could always make the next step –