"Manchester City are the tournament favourites for a reason but I think as far as Liverpool are concerned we wouldn't mind them as the way they play suits us as they will always come and play. That will give us an opportunity," Molby wrote in the Liverpool Echo.
"Ribery and Robben may not be the players they were but I still think they've got a lot of ability. Thomas Muller is back among the goals.
"They are probably the one team in Europe I fear the most - I think they're an outstanding team.
"I was at Stamford Bridge to see Barcelona this week and I wasn't overly impressed by the Catalans.
"I know they've on a long unbeaten run in Champions League and La Liga but I'm not sure they're playing well enough - I'm not sure they're good enough any more."