Liverpool owners John W Henry and Tom Werner are considering offering Kenny Dalglish an ambassadorial role at the club, just eight months after sacking him as manager.
The Scot was shown the door last May after a disappointing eight-place finish in the Premier League.
A League Cup success and an FA Cup final appearance were not enough for Dalglish to keep his job. He was replaced by Brendan Rodgers, who is understood to be open to the role envisaged by the owners.
Dalglish held the role of club ambassador from 2009 up until he replaced Roy Hodgson as manager in 2011.
John W Henry left the door open for a possible return following Dalglish's sacking. Speaking last May, he said: ""He is in many ways the heart and soul of the club. He personifies everything that is good about Liverpool Football Club,” Henry said last summer.
"He has always put the club and its supporters first. Kenny will always be a part of the family at Anfield."