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Liverpool's Jurgen Klopp says money isn't required to win trophies

Jurgen Klopp says he does not need a major transfer budget to transform Liverpool into Premier League contenders next season.

The German has renewed the Reds' hopes since taking over in October, but they still sit ninth in the table, having played a game less than most as they prepare for Sunday's Capital One Cup final against big spenders Manchester City.

Premier League clubs will enjoy even more spending power when the new domestic television deal comes into effect next season, but Klopp said he didn't need to splash the cash to keep pace with their title rivals.

"I am patient enough. I would like to win every game and I am really, really, really disappointed after a defeat," he told British newspapers. "But next morning the sun shines again. You have the chance to use it, this defeat and that's what I love in this job.

"It's not about transfers. Right player, big money, I don't care. If we have it take it, use it. If we don't have it, don't say we have not enough money. Try a different way. That's all."

Ahead of Sunday's final, Klopp also rejected the notion that Man City have been distracted by the news that Pep Guardiola will replace Manuel Pellegrini as manager at season's end.

"When I saw Manuel talking about what was going to happen, I could tell that he was OK with the idea," Klopp said. "Man City and Manuel Pellegrini have had a great time together. Man City will do something else and Manuel Pellegrini can do something else.

"That's it, that's how it is in football, nothing is for all time. You have to accept it. City are in a good moment and it will be a very difficult game, but I am greedy and I want to win the cup."

Liverpool haven't won any silverware since claiming the League Cup in 2012, but winger Philippe Coutinho sees Sunday's game as only the first opportunity of many to come.

"We have a new team developing at Liverpool, a young team with a few experienced players," Coutinho told The Guardian. "We work for each other, and if we can win a first title I hope it could be the beginning of a good period.

"All the players want to be in the Champions League, that's natural, because a club like Liverpool should be competing in the biggest competitions.

"Every player wants to make history, be part of the club's history. To do that you must win things, and this can start at Wembley."

Coutinho was also eager to avoid a repeat of last year's FA Cup semifinal, when Liverpool let a lead slip in a defeat to Aston Villa.

"We thought we were close to the final when we went ahead but we did not play well and the score was turned around," the Brazilian said. "It was a frustrating moment for everyone but a new chance has come around quite quickly.

"We have the opportunity to make amends and this time I hope we can play at our best and not let it slip away."