The two sides meet for the Europa League quarter-final first leg on Thursday in Portugal.
“Fernando is one of the best strikers in Europe, but the Benfica frontline isn’t bad either,” Saviola said in The Sun.
“We’re not obsessed with him. It would be stupid to forget players like Steven Gerrard, Javier Mascherano and Dirk Kuyt, who are also dangerous.”
He added: “This round against Liverpool is nearly a final because it’s going to be an enormous battle. Nobody in our squad fears the Reds.
“Liverpool have a big history in Europe, but no way are we inferior to them.”