Phil Thompson believes Brendan Rodgers deserves another season to put things right at Anfield.
The Reds manager has come under pressure in recent weeks after a slump in form has seen their top-four prospects evaporate.
Liverpool lost 2-1 to Aston Villa in the FA Cup semi-final at Wembley last month, leaving the Reds facing the prospect of another season without a trophy.
However, former Liverpool captain Thompson reckons Rodgers has built up credit following last season’s second-place finish and their unbeaten run during the current campaign.
“How can you do that [sack Rodgers]?” Thompson told Newstalk.
“I think the guys done very well. Last year, we maybe over achieved. We came second to the best team in the Premier League. We should have won the league last season.
“We lose Suarez and Sturridge because he hasn’t played this season. You’ve lost 46 goals, which is quite incredible for any team.
“The early part of the season until November, it wasn’t great. For two or three months, we were the best team in the Premier League again.
“We lost one game in 21. We were playing great football again, like last year. I know the wheels have come off, but Brendan has done well enough to stay next year.”
Thompson, who worked as an assistant under Gerard Houllier in the late 90s and early 00s, added that talk about appointing Rafael Benitez or Jurgen Klopp was disrespectful to Rodgers.
Thompson added: “All the Jurgen Klopp and Rafael Benitez talk is a disrespect to Brendan. He deserves time.”
Liverpool are set to miss out on the Champions League next year after United moved six points clear of the Reds following the Premier League’s action last weekend.
Rodgers’ side face Crystal Palace at Anfield on Saturday.