It is set to be an important few months for Liverpool, as Jurgen Klopp tests himself in the summer transfer window for the first time on Merseyside.
There is no question that the team at Anfield is in need of significant improvement, especially if some of their more prominent stars are set to head elsewhere.
However, Klopp is an astute man in the dizzying world of the transfer market. His signings of the severely underrated Loris Karius and the defensive stalwart Joel Matip for a combined total of £4.7m indicates that the German knows how to find proven talent for bargain prices.
So, EURO 2016 may be the perfect place for Klopp to find some more genuinely world class young stars for comparatively small fees who have yet to become household names in England.
Here are FIVE unknown players set to feature at EURO 2016 that Liverpool should consider signing.
A young midfielder who has established himself as a key member of his club and national team, Adam Nagy has attracted interest from Liverpool in the past, as well as Chelsea and Freiburg.
At just 20, Nagy is considered the future star of Hungarian football and an impressive showing this summer could see previous suitors take action.
The Ferencvaros man plays in a similar style to Adam Lallana, with great creative abilities and decent speed. He would suit the pressing style that Liverpool administer under the tutelage of Jurgen Klopp.
Experts in Sweden have been so impressed with Victor Nilsson Lindelof, that many argue he is the best defender to come out of the country in the past decade.
The imposing centre half currently plies his trade at Benfica, where he has thoroughly impressed with his aerial ability and tough tackling.
With Liverpool in the market for defensive improvements, Lindelof could be an affordable and worthwhile option, especially with his best years still ahead of him.
Set to be the star player for Albania at EURO 2016, Elseid Hysaj is fast becoming a world class talent and is being closely watched by a number of clubs throughout Europe.
Having established himself as first choice right back at Napoli, Hysaj consistently impressed and was voted into a Best XI of Serie A young players by football analysts in Italy, alongside names such as Paul Pogba and Mauro Icardi.
Hysaj would provide much needed competition for the Liverpool defence, who are in need a facelift in preparation for next season.
The emerging talent of the Polish national team means it is extremely hard for any new, young players to break into the starting XI. However, that is exactly what Karol Linetty has done.
The 21-year-old put in some inspirational performances for Poland during qualifying and looks totally comfortable playing in a midfield alongside world class talents like Grzegorz Krychowiak and Jakub Blaszczykowski.
Still plying his trade in Poland with Lech Poznan, Linetty would be an inexpensive signing for Liverpool but bring with him a wealth of energy and plenty of experience relative to his age.
It was announced this week that Borussia Dortmund had moved quickly to capture Emre Mor from Danish team Nordsjaelland. This comes as no surprise; the Germans would have been aware of the interest from Europe’s elite should the young star have impress for Turkey this summer.
Still, it is thought that the 18-year-old will be made available for loan by Dortmund for next season and Klopp and Liverpool would be wise to act fast.
The Danish-born talent has been nicknamed the “Turkish Messi” by the media in his home country and could be a revelation in the Premier League, even if for a short loan spell.