It is still early days for the German, but there are already some striking similarities with the legendary United manager that will raise questions as to just how far the Merseyside club can go under Klopp's tutelage.
It has been 25 years since Anfield last saw the league title. Liverpool fans have slowly come to terms with what has been a steady decline from the top of European football to the fringes of domestic dominance.
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Twice in recent years the Reds have come close to reclaiming England's crown. They battled United all the way in the 2008/09 season, beating the champions 4-1 in a memorable victory at Old Trafford and in May 2014, suffered quite the slip up and surrendered the title to Manchester City.
However, it now seems Liverpool may be able to realistically challenge for trophies in the coming years; they finally have a manager who lives and breathes success.
Klopp caught the attention of the football world with Borussia Dortmund following successive Bundesliga titles in 2011 and 2012. An incredible run in the 2012/13 Champions League further caught the eye, culminating in a showdown with domestic rivals Bayern Munich.
A late Arjen Robben goal at Wembley denied them their second Champions League title but, by then, Klopp had already proved his worth as a manager.
His success can be compared to that of Ferguson's with Aberdeen, winning three Scottish league titles in the early 1980's, as well as guiding them to UEFA Cup Winners' Cup in 1983. Both managers experienced domestic and European success before coming to English football.
Klopp oozes charisma, which has reflected in the way Liverpool have played since he took charge. Six goals at Southampton, four against City and three at Chelsea represents a new-found boldness and bravery that Klopp has tried to cultivate since arriving at Anfield.
By contrast, this is something that United have severely lacked since Ferguson retired in 2013. The Old Trafford club struggled again last weekend, playing out yet another goalless draw against West Ham, and succumbed to Champions League elimination midweek.
The goals and attacking mentality of the Ferguson era seems to be rapidly diminishing, while Klopp is bringing it to Liverpool after a poor start to the season under Brendan Rodgers.
The likeable German possesses the fiery disposition that Ferguson had while at United. In March 2014 he was fined €10,000 after being bannished from a league clash against Borussia Monchengladbach on the grounds of a verbal attack on the referee.
At Old Trafford, Ferguson's influence over referees was always a contentious topic, with the Scot never afraid to speak his mind on the touchline. Klopp's profanity in referring to the disappointing result against Crystal Palace recently is something that again we have seen with Ferguson.
Klopp's development of players is another parallel that could be drawn. He brought the brilliant Robert Lewandowski to the Bundesliga in 2010 for a fee of around €4.5 million, gave Mario Gotze his debut in 2009 and bought Marco Reus, 2012's German Footballer of the Year, for a fee of €17.1 million.
Ferguson, meanwhile, is credited with bringing through the famous 'Class of '92' and signing Cristiano Ronaldo for what turned out to be a very small fee.
After Ferguson proved himself with Abderdeen he arrived at Old Trafford and built an empire. Can Klopp do the same at Liverpool? The comparisons suggest he might just be capable of doing so.