The Reds are six points off league leaders Manchester United.
Jurgen Klopp’s suffered a shock 1-0 defeat against Burnley on Thursday night.
The league title-holders have not won in the last five Premier League outings and such a drop in form is unexpected from a team with that caliber.
Key players such as Virgil van Dijk and Joe Gomez are long-term absentees and the club has failed to bring in a replacement.
Former Reds player Jamie Carragher believes the club’s situation might get worse in the days to come if they don’t take part in the January transfer window.
‘I said then I did not think Liverpool could win the league unless they had a new centre-back in place on January 1,’ Carragher told The Telegraph.
‘They needed one before Joe Gomez was injured. His and Joel Matip’s appearance record was informative of that.
‘Frankly, it is preposterous that three months on and with the transfer window now open, Klopp felt compelled to use Jordan Henderson in the position against Manchester United. And although Fabinho has been outstanding, he would be more influential in midfield. It has caused a chain reaction throughout the team.
‘Maybe the club thought Klopp is so good he can overcome any situation. If so, the last few weeks are a reality check for them.’