I dont understand the fixation with bidding over the odds for British players - they are way over priced for what you get. There is much better value with buying players from abroad. Also, the likes of Young, Adams, Carroll etc. are not 'world class players' and if Liverpool is to challenge for Champions League honours in the future it will need its entire starting line-up to be world class players.
Due to the new rules they brought in you have to have a certain amount of British players in the squad now, therefore they do tend to have their prices inflated because of their nationality. I have no doubts they will bring in young, quality foreign players, but there are only so many you can name in your 25 man squad.