Very, very happy.
The negatives are that we have too many players on our books that we have no interest in playing. I understand that it's difficult to move players against their wishes, but I hope we're able to sell, rather than loan out, the players we don't want in coming transfer windows. The likes of Aspas, Coates, Assaidi, Borini and a few more could free up wages and money for players we need in the future. I don't like the deal with Manquillo either - he seems like a great talent, but I find it annoying that it isn't up to us completely if he stays beyond this season.
Remains to be seen how they settle, but in defence we should be better this season with Flanagan/Manquillo instead of Johnson, and the seemingly brilliant Moreno on the left (really like the look of him, and not just because of his goal against Spurs). Still a bit unsure of our centre halfs though, and I'm not totally convinced by Mignolet, but I believe the unit as a whole will work better with smarter and more efficient fullbacks.
Gerrard gets plenty of critisism on here, but I don't get most of it. Against Spurs his passing was off, but instead he put in a very solid display from a defensive point of view, and he's too good for almost every team in the league still. Happy that Lucas didn't leave, and with Allen also able to play that role, we have options and the ability to rest Gerrard. I expect a major signing here in a year or perhaps two though, considering Gerrard's age and Lucas struggles post-injury, but for now we're good.
In those two roles in front of Gerrard, whether it is a diamond or 4-3-3, we've got plenty of quality. Henderson is almost a given, then there is Coutinho, Can or Allen depending on opposition and form. Maybe Lallana at times too. My preference is Coutinho because of his technique and playmaking ability, but in any one game, I think we can match any midfield regardless of who starts. Great depth.
In the attacking midfield role (when a diamond) Sterling, Lallana and Coutinho are more than you can ask for. Brilliant players, all of them, and everyone are an option for a front role in a 4-3-3.
The strikers beyond Balotelli and Sturridge are perhaps not great, but I don't care too much about that. Next season we'll have Origi, and this one I expect us to switch formation if one of the main two are injured or suspended. Which means the highly exciting Markovic gets to play more often, with Sterling and Sturridge/Balotelli in a 4-3-3. Perhaps the player I'm most looking forward to seeing this season, believe he's got everything to make it here from what little I've seen and heard. Great mentality, brilliant technique, plenty of pace and seemingly very clever on the pitch. Can't wait to see more of him.
We could also move Sterling up front if we want to keep playing a diamond, but not give a start to Borini/Lambert. I'm sure he'd adapt to that role too, he's just an amazing player already.
So yeah, I'm very happy indeed. We've got quality and depth in every position, and very few question marks. By far, the best squad I can remember us having, and the only thing I worry about is how all the new players will settle. If they do, I think we'll match Chelsea and City all the way, just like last season, and go far in Europe. No one is going to like playing us this year either.