Former Liverpool managing director Christian Purslow believes the club is well-placed for a return to former glories.
The Reds, currently on top of the Premier League table, have the right processes in place from a financial perspective to maintain sustained success under the Fenway Sports Group.
Purslow told Sky Sports News that the Anfield outfit are in a strong position as they are toeing the line with Financial Fair Play (FFP) rules which will begin to limit the amount of money clubs spend on players.
"I think Liverpool are in a good position because their approach is utterly consistent with the theory of Financial Fair Play (FFP); namely you should break even, you should not lose money and you should only spend what you earn," said Purslow.
"That has been the clear philosophy of the owners since they took over at Anfield.
"I would go so far to say that there are three champions of fair play in the Premier League - Arsenal, Liverpool and Manchester United. What is interesting is who is the target of these new rules and of course the primary target is Manchester City.
"We have a situation in England where five into four does not go. We have five massive clubs operating on a global basis with very large wage bills trying to get into those four precious Champions League places.
"They will stop at nothing and FFP is another means of competition between those five rivals with the so-called fair play revenue champions on one side and more of the oligarch model - Manchester City and to a lesser extent Chelsea - on the other side. This is all about a battle to be in the top four."
