However, Gerrard believes a shrewd summer in the transfer market, as well as the continuing progress of existing players at the club will bring about success for Brendan Rodgers men.
He is quoted in the Metro as saying, “Since January this team has shown a better level of consistency.
“We’ve shown Champions League form and there is a lot of optimism and positives to take into next season.
“Our target at the beginning of the season was fourth (place) and we have not delivered that – as players we need to take responsibility for that.
“We finished seventh in the league so there certainly needs to be a bit done.”
Gerrard added, “The preparation starts now for next year. I am sure the manager and staff are already preparing.
“All the other teams will strengthen and we can’t afford to be left behind.
“I am sure the manager is already thinking about where he needs to strengthen the squad to make up that gap so we compete with the top four.”