Liverpool chairman Tom Werner says a job will always be waiting for Jamie Carragher.
Carragher will join Sky Sports when he hangs up the boots.
"We wish Jamie well in his new career and the door will always be open for him at Liverpool," Werner told the Liverpool Echo.
"I really hope we see him back at the club one day because with all that experience and knowledge we know he has so much to offer.
"Whether it's as a coach, an analyst or whatever, there will always be a job for him here.
"We hoped he would play on for another season but we fully respect his decision to retire.
"He wants to leave the party before the last call and I understand that.
"I have nothing but admiration for him - both on and off the field.
"It's a big challenge to try to replace him. He's a unique individual and I think finding another player just like him will be impossible."