Manchester United striker Michael Owen hopes the new owners at Liverpool can bring back the glory days.

Liverpool are on the brink of a new takeover and Owen claimed the Anfield club will rise again once the contentious issue of their ownership is resolved.

"Just as results can turn around, a change in fortune can turn a club around," said Owen.

"If Liverpool got taken over by a really wealthy person or group, just like Manchester City or Chelsea, things could change.

"Sometimes it takes a step or two backwards to go forwards, so you never know what might happen next with Liverpool, but at the moment it's hard for their fans.

"Any team can be languishing near the bottom after half a dozen or so games. That can happen. But obviously not everything is right at Liverpool.

"There are well-documented problems off the field and it's all culminating at the moment. They're not getting results on the field, the fans aren't happy and there are different disturbances off the field.

"They were seen as one of the title contenders at the start of the season, so from United's point of view it's good when they get beaten by the likes of Blackpool, which was a major shock."