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Liverpool 's summer transfer window could see them embark on the biggest spending spree in their history, according to our man James Pearce.

The ECHO's Liverpool FC reporter sat down for a fans' question-and-answer session with Reddit.com on Thursday afternoon, and was quizzed on a range of topics including club owners Fenway Sports Group, Jurgen Klopp, and of course, summer spending plans.

The likes of Naby Keita, Virgil van Dijk and Julian Brandt all feature on Liverpool's summer shortlist, and James feels that the Reds could be set for an outlay upwards of £120m this summer - should they qualify for next season's Champions League.

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Elsewhere James provided an update on Jordan Henderson's fitness and explained why Reds supporters should have no worries about losing Philippe Coutinho to Barcelona this summer.

Here's how James responded to Liverpool fans during the chat with Reddit.

On summer transfers: "I'm not aware of any exact amount being put on Klopp's kitty but the way that he's been talking about competing at the top end of the market means he's clearly aiming high.

"There's certainly a realisation from FSG that the squad needs strengthening with established talent. I'd expect it to be the biggest spending spree in the club's history. How much? My guess would be around £120million/£130million but that figure would include sales.

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"I just think so much depends on LFC qualifying for the Champions League. I'd say Van Dijk and Keita are Klopp's top two targets so getting them both would go a long way towards making this summer window a big success, but getting those deals done won't be easy.

"I also believe that buying a top class striker must be a priority. What I want to see this summer is a real show of ambition and LFC ensuring they have a squad capable of competing both home and abroad in 2017/18.

"The worst possible window would see LFC miss out on Van Dijk and Keita, and sign John O'Shea and Lee Cattermole instead."

On FSG and transfer reports: "I can assure you that nobody from FSG or the club ever rings up and says 'could you do us a favour and write this....'. And contrary to allegations on Twitter there are no backhanders either!

"In terms of transfer stories, I never write anything unless I'm convinced that it's true. You get information from many different sources, including agents you trust, other players, other reporters you trust and contacts you have at LFC.

"I think some people think that when LFC make a bid for a player they tell reporters about it, they really don't. I wish they did! They try to keep everything under wraps."

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On Jurgen Klopp: " He's certainly the most entertaining. What I really like about Klopp is what you see is what you get.

"He's exactly the same in front of the cameras as he is when the dictaphones are turned off. I've interviewed Benitez, Hodgson, Dalglish, Rodgers and Klopp over the years. Aside from that woeful spell under Hodgson, I've enjoyed working with all of them."

(Image: Jason Roberts)

On standout interviewees: " If I had to pick one it would have to be Steven Gerrard. Always loved interviewing him because you just knew he would speak from the heart and give you a great line. What I like about Klopp's current crop is that there are very few with big egos. Wijnaldum is a lovely fella."

On Simon Mignolet: "I think it's been unfairly criticised at times. He's made some mistakes but so does every keeper. The way that he's fought back this season has been brilliant. He's proved he should be No 1 next season. He's improved and at 29 he's coming into his prime."

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On Jordan Henderson's injury: " I saw Jordan at the awards the other night and he said he wasn't too far away now.

"I'd be very surprised if he's ready for the Middlesbrough game as he hasn't kicked a ball for 3 months, but Klopp was adamant the other day that he'll be 100% by the start of pre-season. I just think he's been unlucky. His form in the first half of the season was excellent."

On Lucas Leiva's future: "I think it will come down to what Lucas decides. He's earned that right after 10 years of service. I hope he stays but if he doesn't want to be a squad player then he might opt to pursue a new challenge."

On Philippe Coutinho rumours: "Both Klopp and FSG are adamant that Coutinho is staying. I think he's still be a Liverpool player next season. The fact that the new five-year deal doesn't have a release clause strengthens LFC's hand."

The full chat is available here.