Former Liverpool star Jamie Redknapp says the board faces a test of their nerve over Chelsea's pursuit of Fernando Torres.
With Luis Suarez joining from Ajax, the question is whether he will arrive as Torres' partner or his replacement.
Redknapp told the Daily Mail: "Liverpool will need to hold their nerve and ignore the pursuit from Chelsea until 11pm on Monday. If Torres wants to go, how can they stand in his way, even if it sends all the wrong messages. Buy Suarez, keep Torres and that really sends a message that Liverpool are back in business.
"However, if anyone can handle the loss of Torres and the message that sends out, it is Kenny Dalglish.
"Liverpool should offer him a long-term deal now and charge him with guiding them through these difficult times.
"The sledgehammer blow of losing their No9 would be compensated by allowing Dalglish the time and money to rebuild, along with the arrival of Suarez.
"£22.8m is a lot of money for Suarez, a player who has scored goals in Holland but hasn't faced the demands of the Barclays Premier League. And if they can keep Torres, they will have two players who can put the opposition on the back foot."
