Liverpool, managed by Graeme Souness, struggled to replicate the dominance of the 1980s. The squad, featuring Ian Rush, John Barnes, and Mark Wright, had attacking talent but suffered from inconsistency and defensive frailties. Injuries and squad transitions hindered performance throughout the season. In the First Division, Liverpool finished 6th, well behind champions Leeds United, reflecting a decline from their title-winning years. Cup competitions offered limited success, with early exits in both the FA Cup and League Cup. The season marked a transitional period, highlighting the need for squad rebuilding ahead of the Premier League era starting in 1992/93.