Liverpool icon Alan Kennedy believes Kenny Dalglish is convinced he can win the Premier League.
Kennedy says that Dalglish would not have returned to the club as manager if he didn't believe he could make Liverpool No 1.
Kennedy told the Sunday Mirror: "Kenny is a winner and as soon as Sir Alex Ferguson lifted United's 19th title you can be sure that he was already planning how Liverpool would equal the record. Records are there to be broken and you have to congratulate United on what they have achieved since the Premier League began in 1992.
"But while Kenny was right to say 'well done' to United publicly, he would have privately been hurt by them breaking Liverpool's record."
Kennedy added: "The minimum achievement for Liverpool next season is fourth place and a return to the Champions League.
"I think that they will definitely get there with Kenny in charge.
"Going from sixth to first place inside one season is tough, but if Kenny is given the money to get another two or three top players in then I think it's something that can be done.
"Both Manchester clubs and Chelsea look like they will spend big this summer and Liverpool's owners have to go with them if they want to challenge for the title.
"With Kenny Dalglish in charge, anything is possible."