Brendan Rodgers' side currently sit in second place in the league table, just a point behind leaders Chelsea, and will be looking to replicate the 5-0 victory they secured over Spurs at White Hart Lane earlier this season – a match that resulted in Andre Villas-Boas' dismissal and Sherwood's appointment.
And the former midfielder, who knows how to win a league championship having captained Blackburn to Premier League glory, believes Liverpool's title credentials will be tested in the coming weeks.
“The pressure’s on Liverpool, and you sensed it a little bit the other night, when Sunderland got back into the game,” said the 45-year-old ahead of Sunday's trip to Merseyside.
|6/1||Tottenham are 6/1 with Paddy Power to beat Liverpool|
“Now they have to believe that they’ve got something there that might fall through their grasp and might slip away, and believe me that’s a really bad feeling to have, because perhaps you don’t play with the freedom that you normally played with earlier on in the season.
“It all depends on how they can hold their nerve, how many players they’ve got within their squad who have done it previously.
“Obviously Manchester City and Chelsea would have to be favourites because of the players they’ve got who have actually crossed that line and done it previously.
“But Liverpool have got from seventh last year and now they must be believing, with eight or nine games left, that they can actually win this Premier League title.
“I’d still tip Man City. They have got that firepower, as well as Liverpool have. It just boils down to whether Liverpool can cope in the run-in, because it is nothing like anything else.
“Whatever has gone before, now that you guys [in the media] have been talking about them in terms of winning the title, it makes a hell of a lot of difference when you’re warming up and you’re going out there and the expectancy is on you.
“I know that myself from doing it. At one stage we were well clear with a game in hand when we won the title [at Blackburn]. We managed to scrape through at the last. We were shot and we managed to get over the line.
“People started talking about us as title winners and that is coming from a side who finished fourth and then second and then first - not from seventh to first. It will be very interesting to see how they cope with it.”
Sherwood confirmed that Emmanuel Adebayor is a doubt for the match due to a cut on his heel, while Vlad Chiriches will continue his recovery from injury by turning out for the Under-21s on Friday afternoon.