The former striker thinks the title race is between Chelsea and Manchester City, and like many others, backs the supporters to have a big say in the outcome of Liverpool's Champions League clash with Real Madrid.
The Reds currently sit fifth on 13 points from their opening eight games, but are currently nine points behind league leaders Chelsea at this early stage of the season.
In his column for the Liverpool Echo, Aldridge said he believed the fight for the title this season will be between Chelsea, and last season's champions Manchester City.
He also highlighted the defensive issues, which were glaringly on show during Sunday's 3-2 win over Queens Park Rangers as one of the main reasons it won't be the Reds experiencing title glory at the end of the campaign.
He said: "We’re looking worse at the back than we did last year and you can only win the league if you have solid foundations and a solid defence.
"You also need people who will score goals. Without Daniel Sturridge for another four weeks, we don’t have that.
"So, in my opinion, we are fighting for third or fourth place already.
"The race for the league title is between two teams - Manchester City and Chelsea - and when they are playing those other teams I have just mentioned then we will be relying on them to do us a favour."
The former striker also gave his opinion on Liverpool's upcoming clash with Real Madrid in the Champions League, a game which the Reds can ill-afford to lose as they look to get out of Group B.
He said: "The supporters can put the fear into Real Madrid. They have to. Liverpool need them to.
"On the pitch, the Reds cannot afford to leave themselves light in defence because of the way Madrid play.
"The Reds will look to play their own game but they know they cannot allow themselves to be exposed in certain areas when they lose the ball."
In both cases, Aldridge has come up with a similar opinion to the mainstream. The atmosphere is likely to be a key factor at Anfield in tomorrow's game against the European Champions if the Reds are to get the result they want, whilst not many are looking beyond the Premier League's top two to lift the crown at the end of the season.
A win against Real Madrid for Liverpool could be key in their season. Given that they have a couple of wins behind them in their last two games, a win against Real would give them a huge amount of momentum in a period of the season which could prove vital in the context of their season. The return game against Madrid is less than two weeks after their meeting at Anfield and a meeting with Chelsea at Anfield before the international break which could end up determining whether Liverpool could claw their way back into the title race, or end their hopes prematurely.