Liverpool's new sporting director Richard Hughes predicts a "crescendo" of transfer activity in August after Euro 2024 and the Copa America have finished.
However, that may not necessarily heavily involve his club as both he and new head coach Arne Slot stressed the priority was to improve the output of the existing squad handed over to them by former manager Jurgen Klopp.
But after a number of deals were pushed through before the end of June to help clubs satisfy profitability and sustainability rules, Hughes believes the market will cool down before heating up again as the start of the new season approaches.
"When there are major competitions during - and we have Copa, Euros and Olympics - the summer, the attention will be there," he said.
"After the flurry in June, my prediction is that it will calm down a bit in July, when August starts and coaches have had more time to work with players and opinions will be more set, you may see a situation where there is a bit of a hurry to get things done and make sure everyone's squad is in order.
"I don't think this summer will be any different. Who knows what will transpire economically, it is hard to say, that was probably the reason for June.
"I would say a quiet July and a crescendo in August awaits us all."
