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NEWS STORY LFC APPOINTS MANAGING DIRECTOR
Paul Eaton 22 June 2009
Liverpool FC Co-Chairmen, George Gillett and Tom Hicks, today announced the appointment of Christian Purslow as Managing Director of the Club. Christian Purslow will assume overall management of the Club until the appointment of a new Chief Executive, and will then continue as a Board Director. As Managing Director, Purslow will represent the owners and oversee all financial and operational aspects of the Club, working with Rafa Benitez on player transfers and with the Club's Group Chief Financial Officer, Philip Nash and Commercial Director, Ian Ayre on Club and commercial management.
George Gillett said: "Tom and I felt that it was important to put a highly experienced and respected executive in place to run the Club and support the senior team and the Manager. There's a lot to get done over the summer to build on the great season we just had and Christian will be a valuable addition to the team."
Tom Hicks added: "Christian has been a great supporter of the Club for many years and he's already built up good relationships at Anfield. His strategic and commercial acumen will be a real asset and we're delighted that he has made a long term commitment to the Club."
Christian Purslow, 45, a long time Liverpool season ticket holder, is an Executive Board member of MidOcean Partners, a private equity firm which he co-founded. He was previously a director of Morgan Grenfell Private Equity. Prior to his private equity career Purslow was Head of Media, Cable and Entertainment for Schroder Salomon Smith Barney in Europe and head of UK Mergers and Acquisitions for Credit Suisse First Boston. Purslow is a fluent Spanish speaker, has a modern Languages degree from Cambridge University and an MBA from Harvard Business School.
Executive search firm Odgers Berndtson is conducting the CEO recruitment process and an appointment will be made in due course.
