Chairman Tom Werner has vowed Liverpool's owners “won't rest” until the Premier League title has been won.
The American, who has arrived on Merseyside for Sunday's final home game of the season against Spurs, has been delighted with the progress the Reds have made under the guidance of Kenny Dalglish.
However, Werner insists the challenge to restore Liverpool to their former glories is only just beginning.
“If we're climbing a summit, my sense of it is that we're at base camp and have established a sense of stability,” he said.
“We have a long way to go and we certainly don't want to over-promise. I think the fans feel a new sense of optimism but we haven't achieved anything yet.
“We are moving in the right direction and I do feel a sense of unity and I'm confident and optimistic about the future, but we certainly have a long way to go.
“We have work to do. I was talking to Damien (Comolli) and he obviously has work to do to strengthen the squad this summer. We will not rest until we actually win some championships here.
“I think there's a sense of excitement and certainly there's a great buzz in Liverpool for the match this weekend. It's great to feel that, because there is probably no place I'd rather be this Sunday than Anfield.” Werner has saluted the “sensational” job Dalglish has done in transforming the Reds' fortunes since he took over in January.
The Scot was rewarded on Thursday when he penned a three-year deal to become the club's permanent boss for the second time.
“We have been impressed with his leadership skills and his focus since the very beginning,” Werner added.
“When we appointed him as interim manager, we hoped he would be successful. The understanding that he has for Liverpool is unmatched, not just as a player but just as somebody who understands the Liverpool way.
“He certainly was the front runner then and he's just been spectacular. He's just the right man for this job.
“Kenny has been able to instil a sense of confidence in the players. Obviously, the results speak for themselves. While we have a lot of work to do, he certainly has helped turn this club around this year.
“Kenny has been such a great motivator. I was talking with one of the players and they all feel, to a man, that there is a greater sense of spirit and unity and Kenny has brought that.”
Werner believes with Dalglish in place alongside director of football Damien Comolli and managing director Ian Ayre, Liverpool will continue to flourish.
“The fact that these three executives, Damien, Ian and Kenny are working so well together – it's great for all of our supporters,” he said.
“As we move forward, we all feel, from ownership down to people who are working in this locker room, that there is a sense of direction and that we're all going in the same way.
“I think we're all delighted we have the right team and I think we feel we're going to make improvements this summer and so I look forward to the future.”