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Arne Slot insists Real Madrid remains the top team in Europe as Liverpool resumes its quest for Champions League glory.
Liverpool takes on Paris Saint-Germain in the last-16 of the competition, with the first leg taking place in the French capital on Wednesday night.
He said: "Liverpool has been one of the best teams in Europe over the past few years.
"It is a nice compliment to get but the best team in Europe has to win the Champions League.
We are far away from that with a very difficult game tomorrow and then if we get through, for the rest of the competition," the Reds boss responded.
"I think the best team in Europe at the moment is still Real Madrid because it won this competition last season.
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PSG is unbeaten in Ligue 1 this season and has already beaten Manchester City in this competition.
Slot is well aware of the challenge that awaits his side, adding: "PSG is one of the strongest teams in Europe - and I think everyone agrees, but that can happen in the old format too.
"We could only face PSG or Benfica and anyone who watches football knows we would probably have preferred to face Benfica
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