The former player is back at Anfield with a seat on the board 17 months after his second spell as boss ended in him being sacked by owners Fenway Sports Group.
His relationship with the Americans does not appear to have been soured, however, as they approached him to make a return.
And despite his status as one of the most important figures in the club's history Dalglish said it will not interfere with the good work his predecessor has done in the intervening period.
"The most important person in me coming back was Brendan," Dalglish told liverpoolfc.com.
"The manager is more important than I am and his position was more important to me than my position.
"You could fully understand if the manager wasn't in agreement with it. If he wasn't, he would never have known I'd been asked.
"That was the most important thing for me, the fact that people within the club knew I was coming back and wanted me to come back and I wasn't standing on anybody's toes.
"If you're coming back to help the football club in any way you certainly don't want to come back to hinder.
"We'll be in close proximity but Brendan is in charge of the team 100 per cent.
"It's nothing to do with me. I'm here to be of help to anybody; if he wants to have a conversation, I'm here to do as I'm told or asked to do, and that suits me fine."
"I want people around us who have this club and what it stands for in their heart."