Hicks promises change

26 May 2010 17:14
Tom Hicks has responded to criticism from former chairman by David Moores and promises that a new stadium will be built when new owners are found. "I think we've done everything we can to improve the club in so many ways in the past three years from the way it had been run before," he said. "I think we have a great management team now led by Christian Purslow, the commercial director Ian Ayre has done a great job and we have a strong financial director in Philip Nash, we've grown our sponsorships from £40m to £100m so all those sponsorship revenues are extra resources for the club to use to support the wage bill and be competitive. "Since Moores ownership in the last three years including this summer we will have doubled both gross and net spending on players. "We have tried to make Liverpool as professional as possible and a world leader. The new stadium is fully designed now and the club financing markets are back so with a change of ownership coming we will be able to have a new stadium built for Liverpool and we have a great board now."

Source: FOOTYMAD