Smith's no-nonsense performances at the heart of Liverpool's defence saw him nicknamed the 'Anfield Iron' during his 18-year spell on Merseyside.
Making 638 appearances for the Reds between 1960 and 1978, Smith won a host of medals as the club rose to prominence both domestically and in Europe.
Under the management of the great Bill Shankly, Smith helped Liverpool dominate for two decades.
Reflecting his tough style of play, Shankly once said of one of his favourite players: "Tommy Smith wasn't born, he was quarried".
In total, Liverpool-born Smith, who grew up in the shadow of Anfield before joining the club he supported as a boy, won the English title four times, the FA Cup twice, the European Cup once and the UEFA Cup twice.
"He had been growing increasingly frail and suffering from a variety of ailments over the last three months especially. We are obviously all devastated."
Smith left Liverpool for Swansea, managed by his old Reds team-mate John Toshack, in 1978, and helped them to promotion from the old Third Division.
He received the MBE for services to football and retired from playing in 1979.
"I loved him from the Kop, because of his passion, commitment and never-say-die attitude," he said.
"To go on and play with him, rub shoulders with him, go into battles with him, he was iconic. He wanted and desired the points every week.
Former Liverpool player and manager Kenny Dalglish added: "He was a great advert for Liverpool Football Club, the way he conducted himself. His memories will be there forever."
Ray Clemence was one of the Liverpool goalkeepers who benefitted from Smith's defensive excellence.
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