The Merseyside outfit recruited Shaqiri in a £13.5m deal from Championship side Stoke City in the 2018 summer transfer window.
The Potters’ relegation to the second tier of English football allowed Liverpool FC to sign the experienced 27-year-old for a cut-price fee.
Shaqiri arrived at Anfield with experience of having played in the Champions League during his three-season spell at Bayern Munich.
Indeed, the Switzerland international was part of the Bayern squad that reached the Champions League final in 2013 before a 2-1 win over Jurgen Klopp’s Borussia Dortmund side at Wembley.
The current Liverpool FC boss has used Shaqiri sparingly in the opening months of the Premier League season to allow the summer signing acclimatise to their style of play.
However, the Swiss playmaker has exhibited his quality in recent weeks with assists for Mohamed Salah in a 1-0 win over Huddersfield Town and a 4-0 victory over Red Star Belgrade.
The former Inter Milan winger scored his first Liverpool FC goal in a 4-1 win over Cardiff City at Anfield last weekend to help the Reds maintain their unbeaten start to the Premier League season.
Former Liverpool FC star Murphy has expressed his delight with the Merseyside outfit’s shrewd signing of the Swiss playmaker.
“Shaqiri has had an impressive start to the season, but it will be difficult to become a regular starter as Liverpool’s front three have earned the right to be first choice for the foreseeable future,” Murphy told bWIN.
“Shaqiri is a great asset to have because he’s so unpredictable and can play across the board in those attacking positions. Add [Daniel] Sturridge to the equation and I think we will be talking about Liverpool’s famous front five rather than front three.”
Murphy added: “Shaqiri is benefiting from playing in a team that will dominate possession against the majority of teams.
“He has the talent to unlock defences and dribble through the lines, we’ve always known that, but now he isn’t burdened by the pressure of being the main man and needing to defend as well. It was an absolute steal getting a player of Shaqiri’s quality at that price in today’s market.”
Liverpool FC will take on Arsenal at the Emirates Stadium on Saturday evening in pursuit of a ninth Premier League victory of the season.
The Reds have already won in north London this term after a 2-1 victory over Tottenham Hotspur in what was a comprehensive win in September despite Erik Lamela’s late consolation goal.
Liverpool FC collected points in stalemates with direct title rivals Chelsea FC and Manchester City to keep pace with Pep Guardiola’s defending champions at the top of the table.
Arsenal 3-3 Liverpool (22 December 2017)
Liverpool 4-0 Arsenal (27 August 2017)
Liverpool 3-1 Arsenal (4 March 2017)
Arsenal 3-4 Liverpool (14 August 2016)
Liverpool 3-3 Arsenal (13 January 2016)
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