The Reds signed off before the international break with a 3-0 victory over Burnley at Turf Moor to extend their perfect start to the Premier League season.
Liverpool FC are sitting at the top of the table and two points ahead of defending champions Manchester City following victories over Norwich City, Southampton, Arsenal and Burnley.
Manchester City eased to a 4-0 victory over Brighton and Hove Albion last month but the three points came at a cost after Aymeric Laporte suffered a serious injury.
The French defender is set to be sidelined for an extended period after the Manchester City centre-half damaged his cartilage and lateral meniscus.
Former West Ham goalkeeper Hislop believes Liverpool FC have a slight edge in the title race after Laporte suffered a serious knee problem.
Asked if Liverpool FC are the favourites in the title race, Hislop said: “Yes.
Hislop’s colleague and former Liverpool FC defender Steve Nicol supported the ex-goalkeeper’s prediction:
“100 per cent [Liverpool FC are the favourites].”
Liverpool FC will take on Newcastle United at Anfield on Saturday afternoon.
Liverpool FC signed Sepp van den Berg, Harvey Elliott and Adrian in the summer transfer window.
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