They went for mediocre injury prone players and it backfired. Last time we spent a record Summer amount, (Summer 2017) we went on to win 6 PLs in 7 years + UCL on top of it. Jota tragically passing away certainly didn't help the mood of Liverpool players.
The players Liverpool signed last summer weren't considered mediocre or injury prone when they signed them. Kerkez, Frimpong, Wirtz, Isak, Ekitike - they all came with glowing reputations and big potential, lots of potential suitors in the market, and for big money. The same kind of transfer policy you're currently advocating for.
This City team is going to finish on about 80-83 points this season and potentially win a cup double. It doesn't need major surgery - just 3-4 additions to keep the team progressing and ticking along nicely. That'll be enough. We've had a year now of wholesale changes, it's time to settle and work with what we have.
We know Stones and Bernardo are going. Ake and Trafford's departures are open secrets. There's a small chance that maybe Reijnders, Lewis, and Marmoush leave if we can find the right buyer. We don't need to be shipping 10 players out and spending hundreds of millions on loads of new faces again, not from the position we're currently in.
Pep has, over the course of this season, built a solid central spine of Donnarumma, Gvardiol, Rodri, Cherki, Haaland. Obviously the likes of Nunes, Khusanov, O'Reilly and Doku have all improved significantly from last season in order to hold down regular starting spots as well. Why throw all that out of the window in one summer?
The team we have is finally settled after about 12-18 months of constant rotation and upheaval. The team we started on the opening day vs Wolves has potentially six players in it that won't be here next year (Trafford, Lewis, Stones, Bobb, Reijnders, Bernardo). We can't just keep chopping and changing on a short-term outlook.
Donnarumma
Nunes Khusanov Gvardiol O'Reilly
Rodri [Anderson]
Semenyo Cherki Doku
Haaland
[Charles]
[Fresneda] Dias Guehi Ait-Nouri
Gonzalez Kovacic
Foden Reijnders Savinho (Maza)
Mukasa
That's all that's needed. As others have said to you, you can't just apply Football Manager logic to real life and expect it to click. Intangible things like chemistry, atmosphere, and routine in the dressing room - that Football Manager tries to include but can't really quantify - are vitally important and if we spend willy nilly it'll never click like it should.