Just been reading this thread and quite surprised that so many people think Dalglish did so badly when you look at the facts!! I doubt he wanted to sell Sir Les but rather it was the decision of the board. He also wasn't to blame for Beardsley getting too old, which meant he lost one of the best players ever to play for the toon. Looking back I find it strange that more of a fuss was not made about Beardsley leaving Newcastle and the impact it would have. I think his leaving had the same effect as say Shearer leaving at the end of last season. The only other player he got rid of was Ginola which he was right in doing because after he got sent off at Arsenal and his move to Barcelona the next summer got blocked was never the same player again.
With regards to his signings, after Keegan I think he bought better than any of the other managers since. Yeah you can go on about Rush, Hamilton,Pistone and Anderson but some of his other buys were decent servants, with some still at the club:
Solano
Given
Speed
Hamman (Can't deny he's a good player and one we should not have sold)
Dabizas (not really a good defender, but by Newcastle standards he did OK and was fairly cheap)
Griffin (Good buy for the price paid)
Tomasson (did poor for us but I'm including him as he's done enough since then to prove he's a good player)
Compared to Gullit who bought absolute rubbish with his only decent signing being Dyer.
With regards to Robson, can't deny he did a good job here but most of his signings were poor. Sure he made some half decent signings for little money in Gallagher, Bernard, Acuna but I think he really fell down with his big money signings. Only ones who stand out are Bellamy and Robert and they only lasted a few seasons and we lost money on them!
I'm not saying Dalglish's transfer record is fantastic, but rather he did a better job than any of the other managers since him in the transfer market. If anything though it just illustrates how much money we have wasted over the years and for any future manager the first thing I would look at is his record in the transfer market.