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Chelsea manager Jose Mourinho believes Liverpool’s “amazing investment” has transformed them into title contenders.

The Reds have splashed out in excess of £80million on new players this summer in a response to their disappointing Premier League showing last season.

And that outlay could increase further once a tribunal decides on the fee owed to Burnley for the signing of Danny Ings.

Mourinho regards Brendan Rodgers’ men among the top five in the country and has backed them to become part of the championship conversation having finished runners-up two seasons ago.

Asked if the Reds could possible force their way back into the reckoning, Mourinho said: “I believe so, I believe the top five are the top five.

“I think why not a club like Tottenham Hotspur who can try to get there, but in the end there are the top five with the responsibility (to succeed).”

He added: “Arsenal are a fantastic team, and Liverpool have made amazing investment.”

READ MORE: Nathaniel Clyne eyes Liverpool FC Premier League title challenge

Tottenham finished ahead of the Reds last season but their respective summer transfer dealings have seen bookmakers place Liverpool fifth favourites for the title behind favourites and reigning champions Chelsea, Manchester City, Arsenal and Manchester United.