John Barnes has warned Liverpool fans not to expect Fenway Sports Group to sell the club after the recent European Super League debacle.
Liverpool, along with the other five English clubs involved, made a dramatic u-turn by withdrawingfrom the scheme on Tuesday.
Principal owner John Henry released an apology video on Wednesday, but most Liverpool fans are still seething over his attempt to disrupt the status quo.
According to Reds legend Barnes, supporters should not waste their energy wishing for another owner to takeover the club.
He told talkRADIO: "For 60 or 70 years, many fans had shares in their clubs and still owned them but if fans want rights in their clubs they have to buy shares and how much are the shares worth now?
"Can an average fan afford to own a football club or have shares? No they can't, so therefore those days are over.
"So I would say to the fans, as much as we're talking even from Liverpool's perspective: 'Is it over for the owners, Do they have to sell the club?' – who are they going to sell the club to?
"If they sell the club to someone with more money than them, do you think the people who come in whose business is run autocracy are going to listen to fans when they say: 'This is what we want you to do.'
"It's not going to happen, you can't have it both ways."
And Barnes rightfully added that the failed Super League does not represent a win for fans, but instead a power victory for UEFA and the Premier League.
"Well first of all there's been a lot of noise in the last two days in the revolution to change the face of football," Barnes said.
"Let's make no mistake what this was about. This was about two elite groups that wanted to have the power to exploit football.
"It was never about the fans. It was about UEFA trying to hold on to power, the Premier League trying to hold on to their power and another group, this new ESL (European Super League) trying to come into power.
"We've framed it as saying: 'Yes it's about the football fans taking their game back.'
"In 1992 when the Premier League started, football became a business.
"What football wanted was the biggest businessmen involved in football, what fans wanted was the people with the deepest pockets to come and take their clubs.
"We were then told that anyone coming into football needs to understand the nature of football – it's the other way around.
"Once you have these big multi-billionaire businessmen coming into football then football fans have to understand the nature of business and of course we haven't had the balance right.
"This is being framed as a victory for the fans, it's not a victory for the fans, it's a victory for whoever wins can exploit football fans."