The Kop idol was axed four days after a disastrous campaign which saw Liverpool limp home in eighth, with their worst home record in more than half a century.
Arguments have raged whether King Kenny would have survived the chop had he followed the Carling Cup triumph — Many of the King's adoring fans have openly wondered what may have happened if their hero had lifted that famous trophy, to go with the Carling Cup that he won in February.
Yet now Henry, front man for Kop owners Fenway Sports Group, has finally ended the debate, after revealing Dalglish would have been dumped even if they had beaten Chelsea in the FA Cup.
Henry admitted: “The FA Cup would not have made any difference had he won it, no, no. For us we were 17th over the second half of the season and Liverpool should not be in that position.
“I don’t place the blame on Kenny and assistant Steve Clarke but I think it was obvious to every fan that something was wrong and something needed to be done.”
But despite 2012’s woeful form and the Luis Suarez race storm, Henry insisted there were others in the dock beyond Dalglish and his backroom team.
He added: “That Suarez situation did not really play a part. It did not come into play.
“No one man is bigger than the club and no one issue is going to determine the long-term viability of the club.
“We had a very poor second half to the season last year. You could say the response to Kenny and Steve from the players was lacking, the play was lacking, so that entered into our considerations.”
Makes no difference: The result of the FA Cup Final didn't doom
Ayre explained for all the romance of the cup runs, the Premier League and a top four tilt remained the minimum target... and for very good financial reason.
With Liverpool finishing an eye-watering 37 points off the league’s top two, the owners needed to make a critical decision on whether the Reds legend would be able to turn things around next season...and the answer was clearly in the negative.
“In the end, it’s a very simple decision based on results and based on do you believe that the results are going to change?” he explained.
“As I said, 37 points off the winners and 17 points off fourth place and 14 losses, that was the measurement on which the owners made their decision.
“Fans want trophies, but you have got to have both. The Carling and FA Cups don’t generate the revenue and the success that is needed to keep investing, and to be successful, you have to keep investing.
That is the emphatic message from Liverpool managing director Ian Ayre, who has explained to stunned supporters exactly why Kop idol Dalglish was shown the door .
all they want is champion league's money income.....
so no CL = sack
They want to save money and get into champion league.
In simple terms, being cheapo.
They envisioned Ah Rod to do it.
But, Ah Rod is along the line of mid-table and Liverpool will stay in mid-table with this owner.
They want cheap...
They want fresh...
And they want big melons...
Ah rod... what a name, lol. Has to deliver big melons to Tom & Jerry, opps... Henry...