Former Liverpool midfielder Dietmar Hamann believes the Reds have knocked Manchester United off their perch.
The German explained that after winning the Champions League and the Premier League within 12 months, that Jurgen Klopp's side are now the club that top players want to join in England.
He told the Mirror: 'When I was a player, the club everyone wanted to join was Manchester United. You knew that signing for United guaranteed you winners' medals.
'They were the biggest club, the club that everyone inside and outside England spoke about.
'Since Sir Alex Ferguson retired, United have suffered on the pitch. And with perfect timing, Jurgen Klopp has come in and made Liverpool the club everyone wants to join.
'In that respect, he has knocked United off their perch.'
Despite the praise for his former club, Hamann admitted he does not believe the Reds will form a Premier League dynasty due to the strength of other clubs in the league.
'I am not sure Liverpool will dominate the Premier League like United did – because Manchester City and Pep Guardiola will have something to say about that.
'But Liverpool are five years ahead of United – and London's big clubs are even further behind.
'Klopp has four years left on his contract – and by the time that is up he will want to get past United's 20 titles and also win the Champions League again.'