“First is first and second is nowhere,” Bill Shankly famously quipped when Liverpool’s legendary manager was asked to describe his aims heading into a new season.

For Brendan Rodgers, the latest man to follow Shankly into the Anfield hotseat, the belief that only the very best would do for Liverpool must seem an admirable but impossible legacy to live up to.

Like Shankly, Rodgers arrived at Anfield with the Reds at a low ebb after several years of underachievement. But there the comparisons must end for now.

While Shankly transformed Liverpool from second-tier strugglers into champions of England and laid the foundations for the club to conquer Europe, former Swansea boss Rodgers would be happy just to challenge for a place in the Premier League’s top four.

The after-effects of Kenny Dalglish’s disappointing second spell as Liverpool manager are being felt by Rodgers, who has taken over an unbalanced squad lacking pace in defence and attack and creativity in midfield.

After just a couple of months in charge, Rodgers has already made the painfully honest admission that Liverpool may not be in a strong enough position to win their 19th league title for several years.

There have been no bold pronouncements from principal owner John W. Henry either after the American investor put Dalglish under pressure last season by claiming it would be a major disappointment if Liverpool failed to qualify for the Champions League.

Instead of securing a place among Europe’s elite, Dalglish’s side finished a woeful eighth – the club’s worst position for 18 years – and not even a League Cup final victory over Cardiff and a run to the FA Cup final, which ended with a defeat against Chelsea, could save the Scot from the sack.

With expectations at an all-time low, Rodgers, who can still call on top-class performers like Luis Suarez, Steven Gerrard and Martin Skrtel, has the chance to make the changes he wants without too much criticism.

Rodgers is keen to emulate the smooth-passing style that led the Anfield crowd to give Swansea’s players a standing ovation after a 0-0 draw on Merseyside last season.

“There is a lot of work going on and a lot of hours have been spent analysing the group,” he said.

“There is a lot of work to be done and it will take a bit of time until we get what we want.”

So far Rodgers has brought in only young Italian striker Fabio Borini, a STG10 million ($A15.04 million) signing from Roma who had impressed the Reds boss during their time working together in Chelsea’s reserve team and when he was on loan at Swansea.

But Rodgers insists that, despite Liverpool’s obvious flaws last season, there is no need to panic buy.

“Initially it is about assessing the group and looking at their strengths,” he added.

“Come the beginning of the season I hope to be able to have the squad to take us through. It will be the case of piecing it together and building a squad which can compete.”