The Reds have had a very poor season where winning the Carling Cup and losing in the final of the FA Cup were not good enough to wallpaper over all of the all to apparent cracks there seem to be at Anfield.
The first problem being their big name summer acquisitions failing to hot the level required for such a prodigious club.
Stewart Downing, Charlie Adam and Jordan Henderson have all been huge disappointments in their first season.
Add to that the continued bad form of Andy Carroll and the soap opera that seems to follow around Luis Suarez, and you begin to see why things have gone wrong.
Bigger problems than that, though, seem much smaller, but in reality are the real reason why Liverpool have flattered to deceive this season.
Firstly, Steven Gerrard has struggled with injury for the majority of the season. Gerrard is the catalyst of this Liverpool side and has been for the last decade. Without him Liverpool are simply not the same side.
They miss his dynamism, his professionalism and his never-say-die attitude.
The most important player that Liverpool haven’t had this season though is Lucas. Much maligned in his early Liverpool career, the defensive midfielder blossomed into one of the league’s best before injury ruled him out of the whole campaign.
Without him Dalglish’s men missed something in midfield, something they failed to replace all season. There was no drive there as the form of Henderson and Adam just didn’t match Liverpool’s high standard.
So who will now take the reins at Anfield?
For me it is between two men, two Spaniards to be more precise.
Either Wigan’s Roberto Martinez will get the break at a big team, or Rafa Benitez will return to take up his seat in the Anfield dugout.
The football Martinez plays and the job he has done at Wigan over the last couple of years merits an opportunity for him.
He is well liked and very well respected within football, and for me, he is the favourite,
Or will the American owners decide to go back to a man who knows the club and the Premier League like the back of his hand?
As he's held in very high esteem among the Kop faithful, the re-appointment of Benitez will also prove to be a popular one.
So don’t be surprised if you see one of these smiling Spaniard at the helm of Liverpool next season.