Source: FOOTYMAD
Liverpool appoint new chairman
British Airways chairman Martin Broughton has been appointed chairman by George Gillett and Tom Hicks. A statement issued by the club read: "Liverpool Football Club today announced that Martin Broughton has been appointed as Chairman with immediate effect. "The new Chairman will oversee a formal sale process launched by current owners, Thomas Hicks and George Gillett Jr. "Following numerous expressions of interest from third parties, the Club has engaged Barclays Capital to advise on the sale process. "The Club has the full support of its existing bankers for this process and has financing in place which will fully support the Club's operations." The lifelong Chelsea supporter will work alongside Managing Director Christian Purslow, Commercial Director Ian Ayre and Financial Director Philip Nash to oversee the sale of the club. "I am excited and honoured to be taking up this position," said Broughton. "Liverpool is a great club with a fantastic history. I will run this sale process in the right way, for the benefit of the Club and its fans. "Liverpool is one of the world's greatest clubs and my aim is to try and ensure that we find new owners who are able to build on the Club's recent improved financial performance in order to help deliver sporting success."
