Michael Owen fears Liverpool could face a similar decline to Manchester United when Jurgen Klopp leaves the club.
The German has just three games remaining in his nine-year long Anfield tenure which has resulted in Liverpool returning to their place among the football elite.
Aside from the Europa League, the club have won every competition they've been in with the 56-year-old etching his name alongside the very greatest managers in Liverpool's illustrious history.
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SkyFeyenoord boss Arne Slot is set to replace the German with Liverpool and the Eredivisie club agreeing on a compensation package for the Dutchman and several members of his coaching staff last week.
A new era will begin with the 45-year-old and Michael Owen, who spent eight years at Anfield, admitted his worry that his former club could dwindle similar to Manchester United upon the retirement of Sir Alex Ferguson and the appointment of West Ham boss David Moyes.
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Speaking to Gambling Zone, the former England international said: "I fear it's a possibility for Liverpool [to have a similar decline as Man United when they appointed David Moyes].
"But I hope it's not and by the time the season kicks off, everyone will be full of optimism again with a new manager, a new way of playing perhaps and one or two signings, but I don't think there will be wholesale changes. I don't think he plays in a vastly different way to how Liverpool do at the moment."
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Owen claimed Liverpool fans will no doubt be nervous in their new beginning as he questioned whether they'll remain a title-challenging team under Slot or if they'll be forced to rebuild the magic that Klopp had created.
"It's the highest standard there has ever been, you literally can't make a mistake these days," the ex-striker remarked. "They will be nervous. Are Liverpool going to remain a powerful force or has their era of greatness slipped and will it take time to build back up again? It remains to be seen."
