After dominating in the 1980s the Anfield giants started to come out of their 90s slump when Gerard Houllier arrived alongside Roy Evans in 1998-99.
Houllier took sole charge a few months into that season and finished seventh and followed by just missing out on the Champions League in fourth in 1999-2000.
Last season the Reds famously went on to win a hat-trick of trophies and book their place in the Champions League this time around by finishing third.
It is a progression Glenn intends to follow. "We're trying to build something here and it's still early doors," said Glenn after out 1-0 defeat at Anfield.
"They've spent £50million here. Perhaps looking at Liverpool three years ago is similar to looking at my team at the moment.
"But we have to lay the foundations down and I can see progression."
Glenn had mixed feelings after another fine display but, like previously against Chelsea, no reward.
He said: "There is a part of me that is happy with the performance but as the manager of a club that wants to go places and a winner myself, it hurts when you don't win.
"What we have to do is become more clinical. We played well here and against Chelsea but we've got nothing out of the games. That's the next piece of the jigsaw."
Glenn Hoddle says he can see similarities between ourselves and the Liverpool of three years ago.