Fenway Sports Group, headed by John Henry and Werner, opted to replace Kenny Dalglish with Brendan Rodgers in May, and the duo have since sanctioned the signings of Fabio Borini and Joe Allen.
And although the Liverpool owners admit the task of leading the Merseyside outfit back to the pinnacle of English and European football is huge, Henry is confident the Reds can match the likes of Manchester United on the pitch.
“We know that we are behind, but we are on it,” Werner told the Liverpool Echo.
“We have a lot of respect, not just for Manchester United, but other clubs in the Premier League, as well as Real Madrid, Barcelona and Bayern Munich.
“John and I went to a conference of the top European clubs in Warsaw. We learned a lot about some of the ideas that they have. For us, we feel that we have work to do.
“Do we feel that it is possible to get on a level with those clubs? Absolutely. Can we close that gap and compete at the very highest level? Absolutely.”
Henry added: “The best analogy is that you can’t turn an ocean liner around like you can turn a speedboat.
“When you look at the rivalry between Liverpool and Manchester United, Liverpool isn’t holding up its side of the rivalry.
“That is the way it was with the Red Sox and the [New York] Yankees. The Yankees were just completely dominant when we arrived.
“We knew we could never be on an equal footing financially with the Yankees. But we had to do everything in our power to get on a level footing with them on the playing field.
“That was a tremendous challenge. You could say Liverpool is an even bigger challenge than the Red Sox.”
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