"The competition is still as intense and the desire to win is the same as before," said Dalglish. "I don't think it has devalued - it doesn't matter how long ago it was you have been involved or not or how recently.
"It is a Merseyside derby and like everyone who has been involved in it they think it is the most important one.
"But people in Birmingham think theirs is the biggest, Rangers and Celtic think theirs is the biggest - and they are right.
"This is the biggest one because this is the one I am involved in."