Liverpool managing director Ian Ayre says securing Kenny Dalglish to a long-term contract is a landmark day.
Ayre spoke glowingly about the boss during a packed Melwood press conference in which he reiterated his view that everything is now falling into place for the Reds to move towards a bright future.
Ayre told reporters: "It's a landmark day. I think the big day was back in January but making it permanent just cements what we have all been waiting for. I'm most pleased for the fans because having the support we have, giving them belief back and giving them Kenny is a great thing for everyone connected with the club."
He added: "When we made the appointment at the time, Kenny said himself that he was happy to come and help out until the end of the season.
"That helped everyone to settle things down and that's exactly what happened. I think we've seen a turnaround in fortunes on the pitch but we've also seen something else that came back as well as Kenny - and that is belief.
"Our fans and everybody around the club started to believe again and once you see that belief, then as Damien (Comolli) said, it was a no-brainer.
"Then it was just a process and as we said at the time, we would always keep it professional and private - and that was what we did.
"We had several meetings, pulled the agreements with Kenny and Steve (Clarke) together and here we are today.
"So it was never a case of consideration, more that it was evolutionary over the period and we are very happy with the result."
