Liverpool owners need to spend big in the summer, admitted Steven Gerrard, or risk falling further behind.

The Reds drew 1-1 with Chelsea, thanks to a Steven Gerrard equaliser that cancelled out John Terry’s early goal. The draw coincided with Manchester United’s win over Crystal Palace means that the Reds are going to not going to finish in the top 4 this season, something that looked inevitable for quite some time now.

This season has been a disappointment considering the highs of the last one and with the departure of many guaranteed in the summer, most importantly the influential figure of Steven Gerrard, the Liverpool owners will have to do a good job in the summer market to ensure Liverpool are competing for the top 4 spots next season.

a (The Champions League) has been the aim all season but we have come up a bit short,” said the outgoing captain

a Ita s important owners try and dig deep and help Brendan and the lads out and try and make some additions and try and improve.

a There is a great core of players here with terrific potential and the future is looking all right.

a But it is important that you try and compete with the giants clubs in the league because they are all going to spend big and this league is getting more and more difficult every year.

a We found that out this year. we lost (Luis) Suarez, we havena t had (Daniel) Sturridge available and its been pretty tough.a

Liverpool have found them extremely short on goals and the fact that they don’t have their number one striker, and haven’t had him match fit almost throughout the season hasn’t helped matters. Coupled with the fact that last season’s poor transfer work, there have been many problems with have resulted in a disappointing season.

Gerrard’s call to the owners to back the manager and get in proven players will hopefully – for Liverpool fans – make them eye the window with seriousness and make quality additions to ensure they are back in the top 4 next season.