First names on the teamsheet: Reina, Lucas, Suarez, Skrtel, Agger (if fit), Johnson, Gerrard. Captain's armband: Gerrard->Lucas->Reina->Agger (Agger ahead of Reina if he would prefer to play for LFC if City's offer is only borderline acceptable).
Around this core you can play pretty much anyone, most likely Enrique, Downing, Carroll, and either Shelvey or Henderson.
Bench/second picks are Kelly, Sterling, Cole, Borini, Carragher, Coates, Robinson, Jones and Gulasci.
"If we must" category: Adam, Spearing, Flanagan (though the first two should be in the "Out the door" category along with Bellamy).
"Experiment" category: Suso, Morgan, Sama, Wisdom, Ngoo
Purchases? Hard to say, but we simply don't have the raw quantity of players to compete in 3 never mind 4 competitions this season. We must strengthen at CB (even if Agger stays!), DM, and a utility forward ala Bellamy/Kuyt. I wouldn't be unhappy if we sold Enrique and bought a better LB in his place. We also have too many average CMs - Adam, Spearing and Cole primary among them - and only Suso showing any quality in the reserves, so if we move some of these players we need replacements for them even if only to make up the numbers in the case of an injury crisis.