given that in his first season he won the CL and reached the
league cup final, its not that bad.
as for epl (bread & butter), i think rafa needs at least a few
more seasons to even challenge chelsea 4 the title. when chelsea
keeps buying n buying every players every season, all are fighting
for runner-up, third and fourth place to play for CL and hope to
win some cup, be it fa cup or CL or league cup.
to reach the old liverpool heights in the 70's and 80's, you need a
few more of gerrard type of players in the squad, like the 80's
barnes, rush, beardsley, nicol, hansen, mahon etc. after all, good
players make the team great.
to be successful again, rafa needs to buy correctly and cannot
afford to invest in new players and the player didnt live up to
expectations as money is tight, unlike chelsea. rafa also needs to
build up the youth system from scratch. if there are 3 or 4 good
players coming from the ranks in a few years time, that would save
money otherwise spent on buying players. he would be advise to
start looking for boys in asia, africa, brazil (samba boys)and
argentina, holland also.