The Scotsman was in his second tenure in charge at Anfield when he lost his job to Brendan Rodgers 18 months ago but Ayre knew that 'King Kenny', now a non-executive director, would be back helping the Reds before too long.
"I never had any doubt that Kenny would come back at some point," Ayre told reporters.
"But it was just about getting the timing right and the role right and I think we've done fantastically well on both fronts.
"He understands the fans. He understands the club. He understands what makes it tick and for that reason he should be part of it and I'm very pleased to have him back."
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