Liverpool chairman Tom Werner has admitted owners Fenway Sports Group decided director of football Damien Comolli was not the man to deliver their vision for the club.
But manager Kenny Dalglish has been told his position is not under immediate threat.
"We've got great confidence in Kenny," Werner told Liverpool's website. "We feel the team is going to make strides in the future and he enjoys our full support."
When they bought Liverpool in October 2010, the Americans were keen to implement the 'Moneyball' theory to transfers which had been so successful at their other high-profile acquisition, the Boston Red Sox.
However, the owners have forked out the best part of £125million - with a net spend of about £70million - on big-money purchases like Andy Carroll (£35million), Luis Suarez (£22.8million), Stewart Downing (£20million) and Jordan Henderson (£16million) with limited success.
"We've had a strategy that we have agreed on. There was some disconnect on the implementation of...