While City have not spent as much as Liverpool in this window, they have been among the biggest spenders in the English top-flight for a few years now and a majority of their squad looks likely to remain the same in the years to come.
Jurgen Klopp expects more players to leave Liverpool following the summer departures of Danny Ward and Danny Ings.
"We are still Rocky Balboa, not Ivan Drago".
"We have to be more consistent, we know that".
Liverpool spent a reported £176million ($225million, 196million euros) bringing in, among others, Brazilians goalkeeper Alisson and midfielder Fabinho and Klopp hopes to deliver Liverpool's first league title in the Premier League era, with the last of their 18 champions crowns coming in 1990.
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A recent survey revealed Liverpool were the Premier League's unluckiest club last season, with decisions costing them 12 points. That is likely to play a big part in the early weeks of the season, as players fitness issues provoke tough decisions from managers on who starts, who rests, at least until the worldwide break in September.
"We want to be, it's clear for ages, champions of England".
"We can improve our offensive and defensive play but it is nothing to do with City", he said.
"Concerning the gap with Manchester City, but we had three points from them last season and they had three points from us".
"A lot of people think because of the transfer window we will (challenge more) - but that's not how it is". We can't go there and only win because we are Liverpool. It is really hard, but it's not only hard for us. What about United? What about the other clubs? They didn't lose any player and they brought in (Riyad) Mahrez, so that doesn't make them weaker. We are the ones who have to do more, to fight more, to do all these things. We got the Champions League and that was a success, but we can only improve two more places without being champions.