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The Anfield outfit have struggled to establish themselves among the top four in the Premier League in recent seasons and their League Cup success in 2012 remains their only major trophy in the past seven years.
But the England international, who signed a new two-year deal this month, feels that the club are not far away from collecting honours.
"Is success around the corner? I hope so," the 33-year-old told The Australian.
"We have bought well in the off-season and if we can get another two players in key areas then we have a good chance."
"We have a great relationship," he continued. "Brendan has shown a lot of faith in me both on and off the field. It is early days, but I am sure our relationship will continue to grow.
"We are moving in the right direction. We are playing nice football and hopefully the owners continue to back him and he is able to add to the squad to make it stronger so we can compete for trophies."
