We're willing to pay £200k per week nowadays and ok thats not as much as Man U or City would pay but its competitive with where Liverpool top out on wages:
https://www.spotrac.com/epl/liverpool-fc/payroll/
The problem is that we're in a transition after a period of low/poor investments in the team and just need to get through the next 12 months to complete that refresh of the squad. Sign another CB, midfielder and back-up CF (for example) and clear out 3-5 players and we should have a refreshed squad with a pile of potential.
Add those 3 signings in the 20-24 age range to players like Romero, Tanganga, Emerson, Gil, Skipp, Sessegnon, Sarr, Reguilon, Ndombele, Lo Celso, Rodon and we'll have the majority of squad under 25 and the chance to grow together