Kenny Dalglish has urged Liverpool supporters to get behind American owners Fenway Sports Group.
The Scot, 61, was sacked as Reds manager on Wednesday after owner John W Henry and chairman Tom Werner decided the Merseyside giants needed a fresh approach following a disappointing campaign.
Liverpool finished eighth with their lowest Premier League points tally of 52, although Dalglish did guide them to Carling Cup glory and an FA Cup final appearance.
Domestic cup success was not enough for Fenway though, with Werner insisting a change of manager was needed as they aim to restore the glory days at Anfield.
But many Reds fans are unhappy with club legend Dalglish's departure and believe he should have been given more time to turn around their fortunes.
"I would hope nobody would prejudge things now," said Dalglish. "The owners have their own reasons for doing what they have done.
"They came in to help the club at a time when it wasn't in a great condition. They have improved it, taken it forward and are doing the best they can.
"Liverpool is still a great football club, still a club that should believe in whoever is going to come in after myself.
"The supporters, not just for myself but for everyone else, have always been fantastically supportive of the team and that should not change."
Criticism has also been levelled at Dalglish about the quality of players signed in a £130m spending spree since his appointment in January 2011.
But he has defended his transfer record, which included the big-money transfers of Andy Carroll, Stewart Downing and Jordan Henderson.
"You cannot underestimate the pressure that is on a boy who comes to play for Liverpool," Dalglish told the Liverpool Echo.
"But in the first year, what they have done has been a credit.
"There is now a great foundation to build on and to move forward with.
"Taking aside the decision made about myself, for four players to be in Roy Hodgson's England squad for Euro 2012 and for Jordan Henderson to be on standby as well is a great credit to the players.
"It's fantastic for the club and those players - and I hope they go on and represent everybody well."
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