"Fans will be seeking a wee bit of comfort at the moment," said the Reds' last title winning manager.
"But I believe they can rest assured that David Moores would not be selling it to anyone unless he was absolutely convinced they were the right sort of people and it was the right thing to do.
"He will be acting in the best interests of Liverpool Football Club - not himself. You can be sure of that.
"I have said before that he has been a brilliant chairman for the club and as far as I'm concerned the supporters can trust his judgement on this.
"He has supported all of the managers he has had and put his hand in his pocket to provide them with the money for players they wanted.
"But because he is quiet and doesn't seek the limelight, he doesn't get the plaudits he deserves."