Shearer predicts that England will be knocked out of the World Cup.
They lost to Italy in the Euro 2020 final at Wembley after reaching the semi-finals at the World Cup.
If both France and England win their groups, they will meet in the last eight.
Shearer doesn't think we will go as far as we have done in the past.
The Athletic's Emergency Football Hotline was launched, and he said that the area for concern was the defensive side of the game.
We should win the group with our abilities. The more you play in the tournament, the better the opposition will be and the players you're up against.
The final 26 players for the tournament will be named on Thursday.
The first game is against Iran.
The England boss has a number of decisions to make, and one of them is not included in the squad.
Shearer said: "He's got some big decisions to make in terms of the 11 he starts and what system he's going to play."
He can now have a squad of 26 instead of 23. There are at least one or two injuries that he has to make a decision on because some of the players haven't played in a while.
England have done well in the last two tournaments and we want them to win it. We don't know whether we can or not. It will be very difficult.
He said he would say a quarter-finals for England.
If England win Group B, they will face the runner-up in Group A, which also includes the Netherlands, the USA and the hosts of the tournament. They would meet the winner of that group if they finished second.
If England beat France in the quarter-finals, they could face either Spain or Portugal in the semifinals.