Every transfer is risky but Liverpool seems to make systematic and logical transfer consistently address shortcomings even if it means selling their top player. They also bring gems through their youth system frequently. Probably the best run club in the league? (Only considering football matters)
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Next couple of years will tell
They have done very well to recover from that period of 6 odd years where they were below us, got themselves back into being legitimate top level. To me, they look like a slightly more successful version of our Poch team coming off the peak, midfield needs a rebuild, squad needs a refresh, VVD is not the player he was, Klopp has done his thing for 7 years now.
If they seamlessly transition to still competition then I'll give them huge credit, but that's a long way off at the moment with Chelsea punking them on every transfer