Liverpool legend Kenny Dalglish won't rule out a return to management.

Dalglish is currently working as an ambassador for Liverpool's academy and although he is happy in that role he has not dismissed the possibility of returning to management at the highest level.

"First of all you need to be asked, second it needs to be suitable if you were asked," Dalglish told Reuters when asked if he wanted to manage for the first time since 2000.

"Because you don't say 'No', people think you say 'Yes' but that is not necessarily true either.

"I wouldn't say anything other than I am really happy at the moment. There is nothing definitive either way."