After his retirement from the Liverpool Playing Squad Matt McQueen became a referee, before being appointed a Liverpool FC Director in 1918.  When the then manager David Ashworth resigned during the middle of the 1922-23 season McQueen quickly stepped into the Managers position, helping to secure the League Title by six points.

Several years later whilst on a scouting mission to Sheffield McQueen was involved in a road accident which resulted in him losing a leg.  Although he continued to manage the club for a period after the accident his health remained in a poor condition, ultimately leading to his retirement in February 1928.

McQueen kept strong ties with the club after his retirement and his house now forms part of site of the Centenary Stand car park.

Aside from his League title during the 22-23 season, McQueen was also responsible for signing the legendary Gordon Hodgson, who was to become one of the greatest inter-wars players at the club.