There are emerging reports of plans being discussed to create a new cross-border competition following the collapse of the breakaway European Super League (ESL) movement.
Writing in his column in the Sunday Post, Dalglish said: “In the days since the ESL collapsed, there has been more talk of new league structures, only this time it's not with any ESL, but a new British league set-up.
“Now, I have no problem with that because I think the Old Firm would do really well in it.
“Given the same financial resources as many of the other clubs, I believe they'd comfortably be in the top half of any British league every season.
“They both have brilliant fan bases, and they would be successful. But I do think they'd need to compete to get the rewards."
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