Graeme Souness had a reasonable start to his career as Liverpool manager. His first season as manager saw the club win the F.A Cup with a 2-0 win over Sunderland at Wembley, a success which ensured they would be competing in the European Cup Winners Cup for the 1992-93 season, which would also be the first season of the new Premier League. He spent recklessly on many new players who did not all prove to be successful, especially strikers Paul Stewart and Nigel Clough. Younger players like Robbie Fowler, Steve McManaman and Jamie Redknapp were proving to be successful instead of these expensive acquisitions. The veteran Ian Rush, meanwhile, was still scoring goals as freely as ever despite now being in his thirties. Long serving goalkeeper Bruce Grobbelaar was often being kept out of the team by promising young shot-stopper David James.

Liverpool finished sixth in the first-ever Premier League and had never looked like title challengers at any stage in the 1992-93 season. The 1993-94 season was no different and Souness was dismissed in January 1994 after Liverpool suffered a shock defeat against Bristol City in the F.A Cup Third Round.

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