Rejoining Färjestad in 1989, Loob won consecutive Guldhjälmen awards in 1991 and 1992 as the Elitserien's most valuable player as selected by his fellow players. He retired in 1996 to become the club's general manager. He managed Färjestad to four Elitserien titles in 11 seasons before being elevated to team president. Internationally, Loob represented the Swedish national team on several occasions. He was one of the first three members of the Triple Gold Club, signifying that he has won the Stanley Cup, the World Championship (in 1987 and 1991) and an Olympic gold medal (1994).