As of today, Liverpool have also lost their place as the most successful English club of all time to their great rivals, Manchester United. With the return of Dalglish, Liverpool's fans and board will hope that the rebuild of their massive club is well and truly underway. It will take time for sure but I guarantee that both the players at the club and the fans who flock to Anfield for every home game believe that they now have the right man in charge to try and bring back League successes.
Along with Dalglish, Steve Clarke also signed a three year contract which is more positive news for Liverpool. Clarke is one of the best coaches in the game right now and was one of the biggest reasons for Chelsea's successes during his time there between 2004 and 2008. Along with Dalglish, Clarke is also credited for turning Liverpool's season around.
Club captain and Liverpool native Steven Gerrard is very pleased with the latest news, “"Before he [Dalglish] came in everyone knew it was a difficult time as results were not going well, but sometimes all you need is a change. The last six months has been a lot more positive.”
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The big question is, can Dalglish take the Merseyside club back to the top of English football? In his last tenure, Dalglish led the club to three league crowns - and fans will be desperate for him to add to that tally. I can see positive things in Liverpool's future but I can't see them winning the title in the next three years, not with Manchester City improving so rapidly and Manchester United still as dominant as ever. Even Chelsea and Arsenal are a little way ahead of The Reds right now.
They do have some fantastic talent at the club with Suarez, Carroll, Miereles, Reina and Gerrard, however Dalglish still has some catching up to do!