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Featured Image Credit: Sky Sports' The Overlap/beIN Sports/PA
Schmeichel and Keane played alongside each other at Old Trafford and were both part of Sir Alex Ferguson’s legendary treble-winning United side.
But there is no love lost between the two United legends, with Keane dismissing the Danish ex-goalkeeper’s legendary reputation between the sticks.
During a Q&A with United legend Gary Neville, Keane was asked who was the best goalkeeper he ever played with during his remarkable playing career.
The 50-year-old Irishman unenthusiastically picked Schmeichel, but he took a brutal dig at his former teammate’s goalkeeping reputation.
"I suppose I have to say Peter, though I still think he was overrated,” Keane said.
"I just don't think he was as good as everyone made out but he was very good."
Former Sky Sports presenter Richard Keys asked Schmeichel if he had a response to Keane’s comments during his appearance on beIN Sports.
“I actually don't,” Schmeichel responded, before a wry smile appeared across his face.
Keys laughed after Schmeichel’s reaction as Andy Gray backed up the former United No 1’s highly regarded reputation.
Keane revealed in his autobiography that he and Schmeichel had a fight that “felt” like it went on for 10 minutes during a United pre-season tour of Asia in 1998.
"I had a bust-up with Peter when we were on a pre-season tour of Asia, in 1998, just after I came back from my cruciate injury. I think we were in Hong Kong," he wrote.
"There was drink involved. There'd been a little bit of tension between us over the years, for football reasons.
"Peter would come out shouting at players, and I felt sometimes he was playing up to the crowd: 'Look at me!'
"He said 'I've had enough of you, it's time we sorted this out.' So I said 'Okay' and we had a fight. It felt like 10 minutes. There was a lot of noise -- Peter's a big lad.
"Nicky Butt had been filling me in on what had happened the night before. Butty had refereed the fight.
"Anyway, Peter had grabbed me, I'd head-butted him -- we'd been fighting for ages. At the press conference, Peter took his sunglasses off. He had a black eye."