Moyes says the simple fact Brendan Rodgers’ team are 11 points ahead of United in the Premier League table means many people will fancy them to win.
But Moyes knows that a victory over United’s biggest rivals can lift the whole mood of the club after a difficult season.
He said: “They may well be favourites. Their league position suggests they are ahead of us and they possibly do come here as favourites.”
“It would be a big boost to win on Sunday. I think everyone knows the importance of Manchester United v Liverpool. We have played them twice already
this season in the League and Capital One Cup – we’ve had one win apiece and they’ve both been tight games.
“I still think it’s the biggest game in the Premier League. There’s an awful lot riding on it.”
Written by Steve Milne