The former Liverpool player believes that Liverpool will fall short of the Champions League qualification.
Having finished sixth last season, eight points behind bitter rivals Manchester United in fourth, Liverpool spent £80million in the summer to try and reclaim their place in the Champions League.
The signings include Christian Benteke Roberto Firmino and Nathaniel Clyne, Joe Gomez, James Milner, Adam Bogdan and Danny Ings but Bellamy believes that Liverpool squad need one or two more world-class players in order to compete.
‘I’d love to say they can qualify for the Champions League but I feel they will fall a little bit short of that again this year,’ he told Sportsmail exclusively.
‘I think [Christian] Benteke is a brilliant signing – he’s definitely a player who is going to do well. They’re desperate for [Daniel] Sturridge to have an injury-free season as he holds a lot of the keys as to how Liverpool will do.
‘I don’t see it being a season like it was two years ago and I don’t think they will be too far away from the Champions League either but I think unfortunately they will just miss out on this season.’