Gerrard demands changes
Gerrard was unhappy with his side's performances this season despite his own stellar showings.
The England international revealed he has been promised by the club that they will be doing everything they can to close the gap on the leading pack by making a number of top-class signings over the summer.
"The next two or three months are going to be very interesting," said Gerrard.
"Things are going to change and there'll be some money available to invest in the team.
"That's nice to know because we need three or four new faces to freshen things up on the playing side.
"It goes without saying that we all want to make next season a better one than this. In fact we won't have another season like this - I'm positive about that.
"There's no doubt that the squad needs strengthening if we are to get back up among the top three because they are operating on another level to us at the moment.
"If I come back and there are only one or two new faces here then I don't think that will be good enough for this club.
"I've been promised this won't be the case, though, so I'm optimistic for the future.
"I'm a fan myself and I'm frustrated just as much as them when we get beat. I listen to the phone-ins on the way home and I know how the fans feel.
"I share their frustration at times and I get down just like them when we suffer a bad result."
Meanwhile, under-fire Reds boss Gerard Houllier insists he is not worried about speculation over his future.
Speculation over the Frenchman's long-term future has intensified in the last 48 hours as the club's board plan a meeting to discuss the season.
Reports suggest Houllier could be axed with the likes of Valencia coach Rafael Benitez, Celtic manager Martin O'Neill lined-up to replace him, but Houllier insists he is already planning for next season.
"I have been holding meetings preparing for next season. I have been discussing contracts and other moves, as well as when the players will report back," insisted Houllier.
"So, all in all, I am carrying on my work as normal."
