The question is whether they can get a top-class manager in
They've been able to in the past - whatever you think of Rafa he had an excellent record in the game when they got him.
But something is rotten at that club and has been for ages... I don't know what it is, but it just has something deadly about it, it's the kiss of death for people's careers. It's a question of whether this is widely felt in the game, that going to Pool is a bad idea, or whether the prestige, history and huge fan base is still a big draw.
Plus there's no CL football on offer (there will probably still be European football next season though, I reckon), so bringing in top-drawer players will be harder, and there are now not one but two infinitely rich clubs to deal with as well as us and Arsenal, plus a resurgent Spurs who have a squad far better than Liverpool's.
They need a manager with not just talent and ideas but the courage to take on the challenge of bringing a great club back to life in very difficult circumstances.
Whoever he is, he's a cnut...