Liverpool have settled back down in the Premier League top four, and after Chelsea's draw with Bournemouth on Tuesday, have the chance to go five points clear with a win over Leeds United at Anfield on New Year's Day.
But there's no denying Arne Slot's side are a world away from their title-winning level of last season, and FSG will be looking to utilise the January transfer window to add an elite addition to the mix.
At Manchester City, they have Erling Haaland, while Arsenal's formidable defensive structure is championed by Brazilian centre-back Gabriel Magalhaes, who dominated as the Gunners thrashed Aston Villa on Tuesday evening.
With Virgil van Dijk and Mohamed Salah winding down, Liverpool have recruited new stars-in-the-making, but it's clear that the club still need a centre-back to rival the likes of Gabriel.
Liverpool ready to sign Prem star
Some Liverpool fans will be frustrated to miss out on Antoine Semenyo, with the Bournemouth forward among the most dangerous players in the Premier League this season.
But the Reds desperately need a defender. Slot's system is one Van Dijk or Ibrahima Konate injury away from chaos.
Premier League Top Scorers (25/26)
Player
Erling Haaland
Igor Thiago
Antoine Semenyo
Dominic Calvert-Lewin
Hugo Ekitike
Danny Welbeck
Data via BBC Sport
With Giovanni Leoni sidelined for the season with a knee injury, it's clear that addressing a lack of defensive depth should be the Anfield side's first port of call.
And according to Liverpool correspondent Lewis Steele, it may well be, with a list of centre-half targets compiled, and Crystal Palace's Marc Guehi still sitting at the top.
Crystal Palace captain Marc Guehi
Guehi is out of contract at the end of the season, and it's felt that Eagles chairman Steve Parish would only let his side's skipper go at the season's midpoint if his £35m valuation is met. FSG, understandably, would be hesitant to meet that.
Why Liverpool should sign Marc Guehi
Guehi is accomplished as a Premier League defender, and in 2025, he has played a critical role in winning the FA Cup and Community Shield under Oliver Glasner's wing.
Marc-Guehi-Crystal-Palace
A "monster in defence", as has been said by Palace reporter Bobby Manzi, Guehi has fostered his clear qualities in south London over a number of years after being sold by Chelsea before he could show what he could do.
But Liverpool can see his talent and know that by signing the England international, they would land a centre-back with the perfect skillset for a career at the top of the Premier League and the top of European competition too.
After all, he scrubs up well against someone like Gabriel, who data-driven site FBref actually reveal to be among his most comparable players.
Premier League 25/26 - Gabriel Magalhaes vs Marc Guehi
Stats (per 90)
Goals
Assists
Touches
Pass completion (%)
Progressive passes
Progressive carries
Shot-creating actions
Ball recoveries
Tackles + interceptions
Clearances
Aerials won
Data via FBref
The 25-year-old has also shown that he is going from strength to strength. Sofascore data records that he has won 69% of his aerial duels in the Premier League this season, having only won 54% last term.
Liverpool boast the strongest aerial duel success rate in the division at 57.2% as a collective, and a large part of that is down to Van Dijk and Konate's dominance in the skies. To lose this crucial defensive asset would be detrimental to a backline already struggling for stability, and Guehi would ensure that Slot's project glides into the next phase, all the while adding a new flavour of on-the-ball quality.
Gabriel is the talk of the town, but at Liverpool, Guehi would elevate his qualities and his reputation, becoming something truly special and spearheading the Merseysiders to title-winning success.
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Liverpool are ready to react to opportunities in the January transfer window.