Legend in line for a sensational Anfield return if odds are to be believed
The Anfield favourite put his name forward as a candidate to replace Rafael Benitez before the club opted for Roy Hodgson in the summer. Following Liverpool's latest defeat against Blackpool at the weekend, Dalglish's name was chanted around Anfield by large sections of the home faithful.
Unemployed Martin O'Neill is also in contention at 4.50 with American Bob Bradley at 11.0 and Dider Deschamps also at 11.0. World Cup winner Deschamps was approached to succeed Benitez in the summer while another contender Michael Laudrup came close to joining the Reds as a player during their 1980s heyday.
Club chairman Martin Broughton has announced the club will be sold to New England Sports Ventures pending a legal protest from current owners Tom Hicks and George Gillett.
Hodgson's tenure has got off to a dreadful start as the 18-time champions reside in the bottom three. He's 4.50 third favourite to be the next Premier League manager to be axed.
David Mole, Goal.com's Betting & Odds expert believes the odds of 4.50 on Hodgson getting the sack are well worth considering.
"Hodgson, or 'Woy' as some Liverpool fans I know are rather harshly calling him, looked like just the man to steady the Liverpool ship when he arrived into the rather choppy waters this summer.
"However, not even the staunchest Manchester United fan would have predicted that they would reside in the relegation places as we sit here in October.
"'Nice guy, wrong job' has been touted around but the new owners will surely want stability more than anything and I can't see them making a change too swiftly.
"Dalglish runs the risk of repeating Alan Shearer's short time in the managerial hotseat if the Messiah is allowed to take over, only to disappoint those chanting his name. Taking a punt on his successor could be tricky but 4.50 looks like a reasonable price for the axe to fall at Anfield next as a relegation battle will surely not be tolerated."
Next Liverpool manager Odds
Kenny Dalglish 2.0
Martin O'Neill 4.50
Bob Bradley 11.0
Didier Deschamps 11.0
Michael Laudrup 11.0
Gus Hiddink 13.0
Alex McLeish 15.0
Jurgen Klinsmann 17.0
Mark Hughes 17.0
Slaven Bilic 17.0
Jamie Carragher 34.0
John Toshack 34.0
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