Fernando Torres wants Liverpool to splash the cash to end an 18-year league title drought at Anfield.
The Reds have not sampled league success since 1990 and last month captain Steven Gerrard called for Liverpool's American owners, Tom Hicks and George Gillett, to spend big in order to close the gap on Manchester United and Chelsea at the top of the Barclays Premier League.
And star striker Torres, who was a record-breaking signing last July, has now echoed Gerrard's sentiments.
catch them
"It's clear that they (United and Chelsea) have a lot of £20million or £25m players, and that difference is what separates us in the table," Torres said.
"I hope that the club does what needs to be done and we can quickly catch them up.
"In order to compete with Manchester United and Chelsea, if we can't keep up with them economically, then we have to get it absolutely right in the transfer market."