Despite his Liverpool history, Coleman is hoping Benitez can finally be the manager to bring success to Goodison Park.
He told the Sunday World: "What's disappointing for me is we've had so many managers and change over the years.
"Ultimately that's a reflection on the players, I don't think that's always a reflection on the manager. I have been there for 10 or 12 years so a lot of that can be a reflection on me.
"We are crying out for that success and we've not got that recipe yet for whatever reason. I do believe that the club will win a trophy very soon. I don't know how soon but that's what we are all looking for.
"The manager has won trophies most places he's went. He had a great time at Valencia, he won stuff at Chelsea, we know he won stuff at Liverpool. He did well with Newcastle, and won a cup with Napoli. So he's a successful manager and I think as a club we've got to get behind this. We all want the same thing.
"We're going into a new stadium very soon. We've got the financial backing now we didn't have many years ago and we're still trying to figure that out.
"It's not like everything needs to be ripped up now and go again. But I do know every manager is different and he'll want to put his own stamp on things as quickly as possible and bring his own style and his own philosophy. We all need to be as well prepared as we can."
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