With Manchester United now six points ahead of Arsenal, it seems the championship is set to return to Old Trafford, which would see the Red Devils eclipse the achievements of their rivals from Merseyside.
However, for Dalglish, that would not take anything away from Liverpool.
"Sadness? In my eyes we are still the best club in English football, if not world football, so I am not very sad at that," said the Scot, in his second stint as manager at Anfield.
"The surprise is that they [Liverpool] have not won the title for a long time, that is the surprise, but it's not sadness, it's just a fact of life.
"They never acquired enough points in any season since 1991 to win it.
"They came close a couple of years ago when Rafa (Benitez) went close, had a fantastic record against the so-called top four, but just couldn't get it over the line."
Dalglish added: "It will be fantastic to get back there, but you need to hit the standards other teams have set.