Dalglish, now working with the club's academy, told liverpoolfc.tv: "Like every other Liverpool fan, I want the best assets of this club to be on the pitch - and this deal will help that.
"If it can help Rafa and increase his budget - well that's what everyone wants.
"Success on the pitch leads to success off it and vice versa. It all leads to the same thing - a lot of happy Liverpool supporters. This is a fantastic deal for everybody."