Schmeichel suggests ever since their loss to Chelsea, Liverpool have been struggling.
The Reds have had a retched start to the season which sees them in 11th place in the Premier League table, out of the Champions League with two huge games against Bournemouth in the League Cup, and Arsenal in the Premier League between now and Sunday.
The former United stopper told the International Business Times: "Liverpool, basically since April have been in free fall and not doing well. Rodgers is confused as to what's happening and they have lost their best player [Luis Suarez] and their second best player [Daniel Sturridge].
"They lost all their goals and there is a lot of external issues Rodgers has to deal with, instead of building on last season's success and he's not been able to do it."
A lack of goals has been a problem for the Reds this season whilst their problems at the back continue, which has seen Brendan Rodgers experiment with the defence, and recently dropping goalkeeper Simon Mignolet for an 'indefinite' period of time.
The injury to Daniel Sturridge has been a big loss whilst the trio of Mario Balotelli, Rickie Lambert and Fabio Borini all failing to find the net with any regularity - with the latter of the three seemingly out of favour with the Liverpool boss.
Some have suggested the money from the sale of Luis Suarez has not been wisely invested, despite many of the players yet to have a substantial run in the side, and of a relatively young age.
Wins are needed and quickly in order to arrest what has been an alarming decline so far this season.