McManaman has said to horseracing.net that he's unsure whether a move for Bowen at this point would make sense for either the Reds or the player.
He said: "He's a very good player. He's doing really well at the moment, but hypothetically, if he signed for Liverpool tomorrow, then he wouldn't play.
"It's always nice to have lots of players and I'm sure the manager would prefer to have 25 established internationals, but that's not football. Bowen is playing really well at the moment for a club who are in the Champions League positions. Liverpool at the moment don't need Jarrod Bowen."