Liverpool chairman Tom Werner has revealed that the club kept faith in Brendan Rodgers because they are confident that he can deliver long-term success.
The 42-year-old was summoned to a meeting with the Fenway Sports Group at the end of last season following the Reds' underwhelming campaign as they finished outside of the Champions League places and failed to claim a trophy.
Assistant boss Colin Pascoe and first-team coach Mike Marsh were sacked, but the club opted to keep Rodgers because of his past achievements with the team as their conviction that he can drive them to future success.
Werner told the Liverpool Echo: "First of all, we take a long-term view on these matters. We believed in Brendan when he won Manager of the Year for 2013-14. That was only a year earlier when he was awarded that compliment.
"I think our track record demonstrates that our approach and attitude is very much focused on stability. We have demonstrated that both on and off the pitch. We do believe Brendan is the right man for Liverpool and the right man to take the club forward.
"When we hired Brendan we wanted to see improvement. Hopefully when we have a conversation in a year's time he will have demonstrated and the squad will have demonstrated that we've regained top form again."
Liverpool open the new season against Stoke City on Sunday.