The Reds striker’s future at the Merseyside outfit is still very much in doubt after the Uruguay international was the subject of two Arsenal bids.
But former Reds goalkeeper James reckons his former side can develop an “unpredictability” without Suárez in their ranks – and finish in the top four.
“I think the club, in letting him go, can actually then develop a lot more unpredictability about them, in the sense that they will have more options to play,” James said.
“[Daniel] Sturridge came in and was their second top goalscorer in half a season and you have Stevie G [Gerrard] there as always bolstering those numbers but there is so much focus on one player.
“Last season Liverpool finished seventh. I think without Suárez, they have a better chance [of finishing in the top four].”