Source: Team_Talk
Purslow to step down as Reds MD
Christian Purslow is to step down as Liverpool managing director but will remain a non-executive director and special advisor to the owners.[LNB] Purslow was brought in by formers owners Tom Hicks and George Gillett in the summer of 2009 to initially look for further investment in the club.[LNB]However, he took on a more key role - alongside a newly-appointed chairman in Martin Broughton - last April when the Americans decided sell the club.[LNB]The pair helped negotiate a deal with New England Sports Ventures, who completed their £300million takeover last week.[LNB]Purslow will remain as a non-executive director in an advisory capacity to the new owners.[LNB]It is expected Broughton will also step down from his position in the near future once NESV have been brought up to speed with details of their new acquisition.[LNB]"I came to LFC to lead the club through a sale process to get the best overall deal including, vitally, the removal of the debt," Purslow told the club's website.[LNB]"I am immensely proud of what we have all achieved.[LNB]"I now look forward to assisting the owners in any way I can at this exciting time as they drive the club forward to a bright future."[LNB]New England Sports Ventures chairman Tom Werner was grateful Purslow was remaining on board for the time being as a special adviser.[LNB]"We are delighted Christian has accepted our offer to help us and the club, given his great experience and love for Liverpool FC," said Werner.[LNB]"We will now begin a global search process for a chief executive officer."
