Dalglish has returned to the club as member of the board 17 months after being sacked as Red boss.
"It is an honour and privilege to be asked to return to Liverpool as a director of the club," said the Scot, fired in May 2012 after a disappointing end to the season in his second spell in charge.
"I have always said if there is anything I could do to help this club I would make myself available - when the call came I had no hesitation.
"I am looking forward to working with the board of directors and contributing to the strategic issues that affect Liverpool Football Club.
"Liverpool has given me and my family so much since we came here just over 36 years ago and my priority is and will always be to have the club's best interests at heart."
For breaking stories and all the great banter like us on Facebook: facebook.com/tribalfootball