Rafa won the Champions League with a team that he inherited from Houllier. Unfortunately that same team only finished 5th in the EPL that year, so there were some definite changes that needed to be made, but considering they were good enough to win Europe toughest club competition, they didn't need a lot of changes, but rather some tweaking. At least that's what I thought. Rafa obviously thought differently because if you look at the team that he has now, the only player left from his CL winning side are Gerrard and Carragher. That's it. He had 39 players in his squad that year, and he only has 2 left!? In his time at Liverpool has has bought 53 players. FIFTY-THREE PLAYERS!!! He has sold SIXTY-SEVEN players! Those 53 players have cost the club 248m and the 67 that he sold brought in 134m. Of the 53 players that he bought, almost half of them were sold within a year, all of whom were sold at a loss. And after all this, he has the gall to complain about a lack of funds from the owners who have given him 114m out of their pocket to fund his transfers. If you think that Rafa is building a squad then you're wrong, horribly wrong. No one will be selling players at a loss within a year if they're building a squad.
If you don't believe what I've said you can freely check it here :
http://transferleague.co.uk/
Their net spend from 2004 to 2009 is only behind Manchester City and Chelsea, and that says a lot. Contrary to your belief, Manchester United is in the ninth place and Arsenal the fourteenth.