Dalglish returns to Anfield as manager almost 20 years after stepping down from the role Hodgson vacates.
Hodgson’s tenure was an unhappy one, and with the Liverpool owners ready to fire him had they lost to Bolton last weekend, the 3-1 defeat to Blackburn this week was the last straw.
Dalglish will take charge of his first game tomorrow against Manchester United at Old Trafford in the FA Cup.