3) Graeme Souness
The Scotsman’s time in charge was an unmitigated disaster but it seemed like a common-sense appointment when Kenny Dalglish departed. He had won three league titles in a five-year spell in charge of Rangers.
Souness won the FA Cup during his time at Anfield, but a series of poor signings turned the team from perennial title contenders into mid-table fodder. He resigned in January 1994 following a shock FA Cup exit to Bristol City.