The 40-year-old snapped up Philippe Coutinho and Daniel Sturridge in the January transfer window before signing Luis Alberto, Iago Aspas, Simon Mignolet and Kolo Touré this summer, as well as Aly Cissokho on loan.
And former Liverpool goalkeeper James was left particularly impressed by Aspas and Coutinho following a trip to the club’s training ground on Friday, and the ex-shot stopper reckons the Reds have the quality to secure Champions League football.
“I’ve been impressed,” James told Liverpool’s website.
“Even with the lack of Suárez in the side there has been a lot of diversity in the team, which I’ve been impressed with. The young players as well look good.
“I went to Melwood on Friday and what got me most was the planning for the future, and I was very, very impressed.
“I think Liverpool will get fourth. I think they can do it. With the diversity they have, bringing in the likes of Iago Aspas and Philippe Coutinho – two very talented players.
“Daniel Sturridge as well, who last season I thought was Brendan Rodgers’ best acquisition.
“The other thing that’s pleasing is the amount of youngsters who were getting the opportunity to play last season. Forty-odd starting appearances for teenagers, which is phenomenal in the modern age of football.”