Liverpool chief Peter Moore has enjoyed a swipe at Manchester United and Sir Alex Ferguson.
When Ferguson arrived at Old Trafford in 1986, he said his first task was to "knock Liverpool right off their perch".
But Moore, a lifelong Liverpool fan, believes the club have reclaimed their previous status.
"We are back on our perch, as we famously say," he told former Liverpool striker Michael Robinson during an interview at the World Football summit in Madrid.
"What the Fenway Sports Group have done at Liverpool over the past nine years is nothing short of miraculous.
"They have gone through ups and downs but have stayed the course and never taken a penny out of the club."