The 32-year-old has been a regular fixture in the first team under Jurgen Klopp at Anfield and he has started all five of Liverpool FC’s games so far this season.
Milner was in fine form on Saturday lunchtime as he helped Liverpool FC to claim a 2-1 win over Tottenham Hotspur at Wembley to continue their 100 per cent start to the new campaign.
And former Manchester City manager Pearce feels that Milner is a key part of the Liverpool FC team who is often under-valued.
Speaking to talkSPORT after Saturday’s game, Pearce said: “Milner’s a player that’s been so underrated.
“There’s a saying in boxing on who is the best pound-for-pound fighter in the world.
“I think Milner is the best pound-for-pound footballer in the Premier League potentially there has been.
“I don’t think he’s been the best footballer by a million miles but you should throw everything into the mix like professionalism.
“He’s 32 years old now and he’s ridiculously low maintenance and I’ve never seen one detrimental story about Milner in the papers.
“He’s probably run more than any player that’s taken to the pitch over those last 16 years, he’s played over 130 games at all age groups for the England national team.
“At one stage Manchester City thought he was surplus to requirements and he went to Liverpool.
“Then all of a sudden he plays a season at left-back for Liverpool and he’s fantastic there.
“You just can’t keep him down. He will not go under.”
Liverpool FC are aiming to be one of the main contenders for the Premier League title this season, and the Reds have won all five of their opening top flight games so far.
The Merseyside outfit were displaced at the top of the table by Chelsea FC on Saturday on goal difference after the Blues notched up a 4-1 win over Cardiff City at Stamford Bridge.
Liverpool FC will kick off their Champions League group stage campaign on Tuesday night when they host Paris Saint-Germain at Anfield.
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