While the Reds are top of the table, they have Manchester City and Arsenal breathing down their necks.
Speaking on the No Tippy Tappy Football podcast, Dalglish stated: The biggest threat to Liverpool could be injuries.
For me, Arsenal have got to go to Manchester and play Man City, which is a big game.
I don't know why people think Arsenal haven't got a vested interest and a threat. Of course they're a threat. They're a threat because they deserve to be a threat.
There is a lot of water still to pass under the bridge, and if Arsenal are starting to get their players back that have been injured, and (Liverpool) are starting to lose ours, then it could be vital.
Man City obviously will be right in the thick of it. It's fantastic that we've got three teams as good, and as great quality, as those three challenging for position and the title. You don't get that in too many countries, do you?"