Oliver Kay
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They may have reached the Champions League semi-finals, but Liverpool were heading towards meltdown at boardroom level last night as tensions between rival factions in the club’s hierarchy escalated. After a day in which Tom Hicks, the beleaguered co-owner, failed to force Rick Parry to resign as chief executive, officials at Anfield expressed fears about what may lie ahead unless there is a change of ownership.
Hicks wrote to Parry yesterday formally requesting his resignation and citing perceived failures in the club’s commercial strategy and problems in his relationship with Rafael Benítez, the manager. However, Parry, who has the support of the majority of his fellow board members, immediately issued a statement expressing his intention to “remain focused on the job of serving Liverpool Football Club to the best of my abilities at this very important time of our season”.
Although Parry was seeking legal advice last night, it appears that Hicks has failed in his bid to remove him, with his estranged co-owner, George Gillett Jr, unwilling to support any motion to force out the chief executive. One source at Anfield said that Hicks had “tried to flex his muscles and ended up showing that he is a lot less powerful at this club than he likes to think”, before casting doubts on the Texan’s ability to raise the funds needed to buy out Gillett. The latter has indicated that he would refuse to sell his 50 per cent stake to Hicks.
Dubai International Capital (DIC), the Arab investment group, remains committed to buying out the two American owners, even though Sameer al-Ansari, the company’s chief executive, suggested yesterday that he had decided to “pull out completely” because of the problems in breaking the stalemate that exists between Hicks and Gillett.
Sources have indicated that DIC has merely retreated from the negotiating table, steadfast in its belief that Hicks will be forced to sell if, as it suspects, Merrill Lynch, his latest financial adviser, is unwilling to support him in his bid to raise the capital that he needs. With Hicks so far refusing to reopen talks with DIC, though, there is a sense of anxiety at Anfield over the breakdown of negotiations between various factions at boardroom level.
One source said: “It is poisonous. Hicks cannot stand Gillett. Gillett cannot stand Hicks. Hicks cannot stand Parry. Parry cannot stand Hicks. On the pitch, things are going great, but off the pitch, it’s meltdown.”
Parry, who could not be reached to expand on his earlier statement, was said to be deeply unhappy not only with Hicks’s demand, but also with the manner in which it was delivered.
Although a letter was sent to Anfield, the first that Parry knew of it — he was at a Premier League meeting in London — was from a family member, who had heard the story on Sky Sports News.
They, in turn, were alleged to have received the information indirectly from the Hicks family via a third party, an additional source of disappointment to Parry.
The tension between Hicks and Parry has been well known, but it appears to have worsened after a dispute between Gillett and Ian Ayre, the commercial director, who is an ally of Hicks.
There are suspicions that Hicks’s latest move may have been a tit-for-tat gesture after the undermining of Ayre and it is increasingly difficult to see how Hicks and Parry can coexist — or indeed, how the mess is going to be resolved.
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You're normally pretty good with your facts on LFC matters, but falling for what Parry has told you without checking it out first is a poor show. As a Liverpool fan you owe it to other Liverpool fans to present the facts, and to be as balanced as possible.
Rick Parry knows he'll be sacked if Hicks takes over. He's known since, what, Christmas? So is he acting for the club, or for the sake of his own hide?
He has a secretary. He has a mobile phone. This was one of the most important letters he is likely to receive this year. His secretary would have had this letter first thing this morning. As would David Moores, and his secretary. And we're expected to believe that Parry didn't know about it until somebody spotted it on the telly?
If it's true, he's incompetent for going from 9 until 3 with his phone off. That's one of his alleged failings - phone always off, transfer deals missed.
But he knew about it first thing.
Why did he lie?
What's he hiding?
Fans are being made mugs.
Jim Boardman, Merseyside,
In response to(dw,beijing,china)how about the club being loaded with up towards £650 million pounds worth of debt and not being able to service that debt because they have yet to spend any of there own CASH,what they have spent has been borrowed money.
ian, ebbw vale, united kingdom
This is the best thing thats happened because its going to bring and end to this sorry saga. Hicks has played his hand and failed i think.
As for DIC might bring in a new manager then im all for it.
Tommy, Liverpool,
Hicks behaviour, disrupting the club at a very key time in the season, is evidence enough of where his loyalties stand.
Crashing Dashing Kid, Liverpool, UK
Wayne Booth, Sydney
The reason for the Fans' disappointment and disgust are because of broken promises.
1) 'THIS will NOT be a 'Glazer-type' takeover!
There was a reported £44m of debts. The new Owners were supposed to have 'Paid Off' - NOPE!
Current debt min £350m!
2) We will compete with 'THE TEAM DOWN THE ROAD'. We ALL thought they were talking about Man Utd in which case they have failed MISERABLY. Maybe they were talking about Everton?!
Rafa has SOLD virtually TWO teams of players & released others to FUND players! Rafa's NET expenditure over 4 yrs as related to Guillem Ballague in The Times is an ave of £20m/yr. THATS IT!
2 Reasons DIC are trusted MORE - Chief Executive is a FAN over 30 yrs
Promised RESPECT of LFC traditions.
VAST funds as liquid cash. Just research the £BILLIONS they have invested last 3 yrs.
If DIC said there would be NO loans secured against the Club, BUILD Stadium & COMPETE with Man Utd wrt Hicks/Gillett I'D believe it!
Ayaz, Wakefield,
i hink you'll find it's the royal bank of scotland that have funded the transfers not gillett or hicks. who as i understand it have yet to put any of their own money into the club.
bri, liverpool,
Great timing Hicks!
All I can say about this new turn of events is that I'm so torned in my emotions! I have worked with and for some great CEOs in my life and Rick Parry is a sorry excuse of a CEO. A good CEO would have made sure Liverpool kept up with the branding excercise that Man Utd launched years ago. A good CEO would recognise his own strengths/weaknesses and leave the football to footballing brains such as Rafa. A good CEO would do his job of making sure the club has the resources to support the manager whoever he might be. Rick has failed in every department and in a normal listed firm, he would have been quietly asked to leave by the board long ago. I can only imagine that the board are as incompetent.
Having had my rant on Rick, I need to turn to Hicks... on second thoughts, where do i begin!?!?!? He is a walking disaster who does not have the club's interest at heart... that sums it all up.
Craig, London, UK
I've got very little time for Parry. He's so slow moving on transfer deals at times it beggars belief. Two years ago we had players like Daniel Alves, who Benitez clearly wanted at the club, publicly begging Liverpool to sign him and we manage to miss out on him. He's probably worth twice the price we would have paid for him then. I don't even hear clubs like Chelsea and United having transfer negotiations, they decide which players they want and get the deals done.
It's worth noting, we've been far more successful in the transfer market since the Americans have come on board.
The fractious boardroom and seemingly the complete breakdown in relationship of the owners is humiliating for the club and of course Hicks shouldn't have called so publicly for Parry's resignation. But if this latest dispute leads to greater scrutiny of Parry then it will be a good thing.
Ultimately, Parry's responsible for bringing the Americans to Liverpool in the first place.
Tom Earnest, Westcliff-on-sea,
Hicks is behaving like a bully in the playground, threatening anyone who dares to put the club before his precious ego (Gillett, Parry, Benitez). Unfortunately the longer Hicks' tantrum persists, the more likely we are to regress on the football pitch. All we Reds fans can do is hope this sorry tale is resolved before serious damage is done to the team.
Fortunately the size of Hicks' wallet does not seem to match the size of his ego and he will hopefully be forced to sell in the summer.
Alex, London,
I don't dispute Rick Parry is long past his sell by date. While Manchester United, Chelsea and Arsenal continue to prosper commercially, Liverpool very definitely fall into the poor realtions category. For a club with the worldwide profile and stature of ours, we are light years behind where we should be. Noel White et al began the rot with their complacency during the inception of the Premiership and Parry has done nothing to arrest the slide.
My problem with Hicks is his timing. To drop a bombshell like this when it's all to play for is nothing short of professional suicide. Were it a one off then you could possibly excuse it but it comes hot on the heels of his savage and frankly stupid undermining of Rafa in December. I don't believe that DIC may be the kinghts in shining armour a lot of people think they will be but surely Hicks and Gillet can put their egos aside and realise the club needs strong leadership who put the good of the club above their own personal agendas.
Adam, Huyton,
He has some never asking Parry to Leave. Parry wants the best for the club.... how cheeky is it of Hicks to ask him to resign. The amercians really need to leave. No one likes them. Not the manager, not the players, Not the fans, and not even Parry.
Amercians = Disaster.,..... But as usual, all liverpool can keep doing as a team is unite and carry on winning trophys.
Liverpool have not had a manager like Benetiz since Shankley and Paisley.... Benetiz is the man to take Liverpool forward and for Hicks asking him to resign is not only a disaster for the club but a huge setback as Key liverpool players will leave.
SCOUSER, liverpool,
Hicks have sanctioned the 2 largest transfer fees in Liverpoolâs history in less than 12 months - Torres and mascherano, Iâve wanted parry out of Liverpool for around 4 years now and Mr. Hicks is improving my opinion of him every day!
Wayne Booth, Sydney, Australia
Mark Johnson
Great plan but I'd imagine "the more militant reds fans" probably live in Liverpool!
There's probably some Man U fans out there that would be happy to help to get the public on your side.
Richard, Manchester,
I'm a Liverpool fan and so have been following all these stories with interest. My main conecrn is that we have got the wrong villian. Unlike many I'm extremely uneasy about the prospect of DIC. They have played the mdeia well to present themselves as potential saviours but there are some hints that they would be something of a bull in a China shop stamping their image all over the club if they got in. It is known that they may want their own man rather than Benitez. Hicks is clearly a bully and an unlikeable man but I am yet to be convinced that if he had sole control it would actually be a bad thing.
DW, Beijing, China
For the more militant amongst Reds fans, perhaps organising a regular 'go slow' on Hicks' home cities highways during rush hour would put some pressure on him at home. Certainly some sort of passive resistance is needed to get rid of Hicks.
Mark Johnson, Liverpool,