Liverpool failed to bring in the forward they need and wanted after West Ham rejected a bid for Carlton Cole on deadline day.
From The Guardian:
For the second successive season Liverpool have been left over-reliant on the form and fitness of Fernando Torres having failed to improve cover for a striker who has suffered two injury-plagued campaigns and, as Roy Hodgson conceded on Sunday, is not fully recovered from the knee problem that impacted on his World Cup. The Anfield club made a belated attempt to wrest Carlton Cole from West Ham United yesterday, having considered previous options over recent days, but several offers were unable to convince the Hammers to sell the England international.
Liverpool are believed to have offered Lucas Leiva, the Brazilian midfielder, and Ryan Babel, their Dutch international forward, in exchange for Cole but neither player wanted to leave Anfield for Upton Park. Babel reportedly travelled to London via helicopter in anticipation of a deal only to eventually Tweet that; “I’m going no where. LFC all the way. YNWA!!” as the clubs failed to agree on a valuation for Cole. With PSV Eindhoven’s Ola Toivonen priced out of Liverpool’s reach, and Bayern Munich refusing to release Mario Gómez even on loan, Hodgson will have to make do with Babel, David Ngog and Dirk Kuyt as cover for Torres until January.
The failure to sign a much-needed striker means Liverpool recouped more than they spent in this transfer window, another indication of the financial restrictions under the co-owners, Tom Hicks and George Gillett, and this after convincing Torres and Steven Gerrard to resist any overtures for their signatures in the summer.