Carragher has taken his former club to task after the revelation that the pursuit of Jude Bellingham is over for now.
Klopp and his recruitment team have decided to spread spending in the next transfer window across several signings
A poor campaign which has exposed squad deficiencies and a likely lack of Champions League football have apparently led to plans changing.
Carragher said: "That trust has gone with news they will not be pursuing Jude Bellingham this summer. It must be won back in the next transfer window because Klopp, his recruitment team and owners Fenway Sports Group have been granted a free pass for the dire performances of the last eight months, especially away from home."
The discontent that I and many Liverpool supporters felt when the Bellingham revelation emerged on Tuesday evening is about the realisation the entire season has been a write-off based on a false pretence – that the money was there to go big on a stellar player as it was with Van Dijk, while still adding further necessary reinforcements to go again.
"How can the club suddenly baulk at a valuation exceeding £100 million? They know that is the going rate for the best in class.
"What really infuriates me is the red herring that Liverpool have reached the conclusion Bellingham is too expensive on the basis of Klopp’s rebuild being bigger than initially thought. The club knows the elephant in the room is failing to sign a ready-made central midfielder last summer.
"What looked like a terrible mistake has become a monumental cock-up which has cost the club millions in the Champions League revenues they will lose by finishing outside of the top four, and has sent the team back to where it was just before Klopp’s appointment."
Carragher concluded that plenty of fans saw this season's struggles coming due to the lack of midfield reinforcement, and said: "If those in power at Anfield did not, they took their eye off the ball
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