Upon the Scot's return from America on Tuesday after his meeting with the club's owners, the Liverpool legend's future is still to be decided but could be in the coming days
After the 61-year-old's end of season review with Liverpool's owners John Henry and Tom Werner, many speculated that the Scot had been sacked or had resigned from his post.
However, with no comment from either the club or Fenway Sports Group over the past few days, rumours of Dalgish's departure have been further left in doubt.
Furthermore, the former Blackburn boss' return from Boston on Tuesday has added to the tension for a decision to be made among the Liverpool faithful.
And to add fuel to the fire, Dalglish's decision to travel straight back to England after the meeting while Clarke stayed to watch a Boston Red Sox baseball match with Henry and Werner has sparked fresh rumours that a decision may have already been made.
It is expected that despite Liverpool's good form in the F.A and Carling Cup, Henry and Werner are not happy with the performance of the team this season given their poor league form. And failure to secure a Champions League spot is something which the American pairing may see as a fundamental factor in terms of revenue for the club.
But one would only have to look at the statistics to see how under-par the Reds have performed this season and likewise see how the owners may find a reason to rid Dalglish of his services.
The eighth-placed finish for Liverpool was their worse in 18 years, and furthermore it was the club's lowest points tally since the 1953/54 season with the loss to Swansea on the final day of the season the 14th of the league campaign.
In defence to the club's performance in the league and uncertainty over his future, Dalglish stated that lifting the League Cup, improvement in form since January last year and Europa League qualification were all reasons why the team has done well and he deserves his job.
Bookmakers, however, have already begun to list odds on the appointment of the next Liverpool manager with Wigan boss Roberto Martinez the front-runner to land the job.
Meanwhile former Chelsea boss Andre Villas-Boas is also another favorite to take over at Anfield, though Henry and Werner may look towards Borussia Dortmund coach Jurgan Klopp who comes highly-rated.