The Reds have not been crowned champions of England for 27 years with Dalgish's side of 1990 the last from Anfield to come out on top.
There have been several near misses in the intervening period and Dalglish admits he never thought it would take this long for his old side to win the title.
Speaking ahead of Saturday's clash with old rivals Manchester United, who have eclipsed Liverpool's record of 18 top-flight titles in recent years, Dalglish says it's hard to accept how the Reds have struggled.
"If you had told me in 1990, when I stepped away from the manager’s job, that Liverpool would still be waiting to win another title 27 years later, and Manchester United would win it 13 times in that period, I think you’d have been locked up," he told the Daily Mirror.
"Certainly, it’s been a lot longer than most people would have anticipated but that will only make it all the more sweet when it comes — I just hope it comes sooner rather than later.
"Ultimately, you get what you deserve over 38 games."
Dalglish will be recognised at Anfield on Saturday when the club officially unveil the 'Kenny Dalglish Stand' before the United showdown.