The former legend was appointed to the coaching staff by Gerard Houllier in a bid to improve the performance of the strikers, but he is aware that he may get his marching orders when a new manager is taken on.
"I keep on getting asked if I'll still be at Liverpool next season now Gerard's left," he said.
"My only answer to that is I really hope so, but in football you can never predict what's around the corner.
"I'd like to think the next manager would consider me useful. At the moment I coach the strikers on a part-time basis and it's a role I enjoy.
"But it's inevitable the new man will have his own ideas and we all have to respect that."