Based on recent links, we could look something like this:
Out: Gerrard, Johnson, Jones, Aspas, Coates, Balotelli, Lambert, Borini, Enrique, Sterling, Alberto, Wisdom, Lucas
In: Bogdan, Ings, Milner, Gomez, Bacca, Firmino, Illarra, and Clyne with Ilori and Origi returning from loan.
This would leave us with the following:
GK: Migs and Bogdan
DEF: Skrtel, Sakho, Lovren, Toure, Ilori, Can, Clyne, Moreno, Gomez, Flanagan
MID: Hendo, Milner, Illarra, Allen, Can, Lallana, Coutinho, Markovic, Ibe
FWD: Studge, Bacca, Firmino, Ings, Origi
Probable starting lineup for the season opener:
Migs
Clyne - Skrtel - Sakho - Moreno
Illarra - Can
Milner - Firmino - Coutinho
Bacca
Subs: Bogdan, Lovren, Toure, Hendo, Lallana, Ibe, Ings
On paper, that's not a bad looking side....