That is according to former Reds boss Graeme Souness.
Schmeichel apparently asked Liverpool for a trial, but his request fell upon deaf ears.
Cantona missed out on a move to Anfield, because Souness thought he would be a troublemaker.
And Souness admits he made a mistake.
In his book "Men In White Suits", Souness wrote: "Ron Yeats was the chief scout and he came into my office one day and showed me a letter. It read: 'I am a Danish goalkeeper who has been a Liverpool supporter all my life. I am willing to pay for my own travel expenses. Can I come to Melwood for a week's trial?
GETTY
Eric Cantona during his Manchester United days
It was another situation where I should have been more open-minded
Graeme Souness
"I was trying to edge [first-choice goalkeeper] Bruce [Grobbelaar] out. But it was proving difficult.
"I thought if another goalkeeper turned up, we were going to have more problems with Bruce. So it never happened.
"We played Auxerre in the UEFA Cup. After the game, Michel Platini knocks on my office door and comes in. He said he had a player for me. 'A proper player.' He told me that he was a problem in France but would be perfect for Liverpool.
"The player was Eric Cantona. I said: 'Listen, I'm fighting lots of fires here at the moment; I don't need any more trouble.'
"It was another situation where I should have been more open-minded."
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