Shankly took charge of Liverpool when they were in the Second Division and rebuilt the team into a major force in English football. He led Liverpool to the Second Division Championship to gain promotion to the top-flight First Division in 1962, before going on to win three First Division Championships, two FA Cups, four Charity Shields and one UEFA Cup. Shankly announced his surprise retirement from football a few weeks after Liverpool won the 1974 FA Cup Final, having managed the club for fifteen years, and was succeeded by his long-time assistant Bob Paisley. He died seven years later at the age of 68.
In 1974, Shankly retired as manager, and Paisley was quickly appointed as his successor. Paisley went on to lead Liverpool to a period of unprecedented domestic and European dominance, winning 20 honours in 9 years – six League Championships, three League Cups, six Charity Shields, three European Cups, one UEFA Cup and one UEFA Super Cup. He also won the Manager of the Year Award a record six times, before retiring in 1983, when he was awarded an OBE.
Dalglish became player-manager of Liverpool in 1985 after the resignation of Joe Fagan, winning a further three First Divisions, two FA Cups and four FA Charity Shields, before resigning from Liverpool in 1991. In April 2009 Liverpool manager Rafael Benítez invited Dalglish to take up a role at the club's youth academy. On 12 May 2011, Liverpool announced that Dalglish had been given a three-year contract. In February 2012, Dalglish led Liverpool to their first trophy in six years, with victory in the 2011–12 Football League Cup. In the same season he also led Liverpool to the 2012 FA Cup Final where they lost 2–1 to Chelsea