The main reason for liverpools decline was kenny in his first reign and the inept boards off directors which incidentally still exist to this day. John Henry must be insane to appoint dalglish as director completely insane. Dalglsh is not entirely responsible but was a major component. Had we had people like manchester utd and arsenal have had we would have won severk titles and be in a seventy thousand seater modern stadium. But we didn't hence we are in this position. You won't find that on Wikipedia
If he would have stayed, we would have won the league a few more times, on Wikipedia you will see that he won it with Blackburn Rovers. By the way, it's not written on Wiki but for you general knowledge, a crap manager cannot win the league, no matter how much money you give him, go and ask all the Abramovich Chelsea managers who have been sacked without winning the league.