Liverpool fans assured over new investors, Benitez

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LIVERPOOL, England (AP)—Liverpool fans got good news on and off the field Sunday.

First managing director Christian Purslow said the team will have new investors within six months and that manager Rafa Benitez’s job is secure. Then the gloom that had been engulfing the club was further lifted by a 2-0 victory over Manchester United.

A run of four straight losses before the win had intensified the pressure on American co-owners Tom Hicks and George Gillett Jr. to spend money to strengthen the squad.

Before the match, around 1,000 fans chanted “Yanks out” as they protested outside Anfield against Hicks and Gillett Jr., who were on a rare joint visit.

Hicks, who wildly celebrated Sunday’s first goal by Fernando Torres, and Gillett went public last month with their search for new equity after a Saudi Arabian prince said he wanted to buy a stake in the 18-time English champions.

And Purslow assured fans an injection of cash will be arriving soon.

“There has been a huge amount of interest in the club from some extremely wealthy and expert investors, but it will take three to six months to pull that together,” Purslow said. “It means there will be new investment into the football club. Mr. Hicks and Mr. Gillett have no plans to sell their shares. We will be issuing new equity to new investors, broadening our ownership.”

Hicks also owns the Texas Rangers and Dallas Stars. Gillett recently sold the Montreal Canadiens but is still a majority owner of NASCAR’s Richard Petty Motorsports team.

Despite the recent poor run of results in the Champions League and Premier League, Benitez is still seen as the manager to deliver the club’s first English championship since 1990.

Benitez signed a new five-year contract in March despite winning only two major trophies since arriving in 2004—the Champions League in 2005 and 2006 FA Cup.

“Liverpool Football Club is on a long-term journey and that journey is to be the most successful club, firstly in our country and secondly in the world, and you don’t do that by worrying about short-term results,” Purslow said. “You do that by having long-term plans centering on the people and the strategy. Rafa Benitez is absolutely central to that plan.”

Purslow said neither of the team’s pivotal players, Torres and Steven Gerrard, were for sale at any price.

Updated Oct 25, 4:05 pm EDT
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39 Comments

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  1. Jojo
    39. Posted by Jojo Wed Oct 28 3:35am EDT

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    Chelsea & Man U will meet in the final.
  2. trueblueroo
    37. Posted by trueblueroo Tue Oct 27 3:09pm EDT

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    37. Posted by Patrón Tue Oct 27 11:44am EDT

    An overwhelming majority of Yanks don't possess a passport. This is a clear indication of their avid interest and curiosity about the outside world which at most extends to pizza, sauerkraut and sushi.
    These are the same people who are not simply uninterested in football (soccer for you), but are downright hostile, resentful toward the sport. This is a uniquely American phenomenon. Must be a manifestation of an infreriority complex. And they're egged on by the likes of Frank Deford, Jim Rome and all the moronic personalities on ESPN and the rest of the established media. For some inexplicable reason it is considered a "foreign" sport, although it originates from Britain, just like tennis, golf and other sports.
  3. Patrón
    36. Posted by Patrón Tue Oct 27 11:44am EDT

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    trueblue, you're losing it. American's are happy to call it football when speaking with Europeans or others, but if we do, you assume we're talking about the NFL and it gets confused. Football (soccer) is much more popular and loved in the states then it gets credit for, just because it's not our #1 or 2 sport, doesn't mean we don't love and appreciate it! But keeping making blanket statements
  4. Titanah
    34. Posted by Titanah Tue Oct 27 3:22am EDT

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    Liverpool always perform better when playing against big guns lets wait and see the league still a long way to go but well done for beating the red devil.thank u very much.titanah ,gaborone botswana
  5. Titanah
    33. Posted by Titanah Tue Oct 27 3:22am EDT

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    Liverpool always perform better when playing against big guns lets wait and see the league still a long way to go but well done for beating the red devil.thank u very much.titanah ,gaborone botswana
  6. Titanah
    32. Posted by Titanah Tue Oct 27 3:22am EDT

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    Liverpool always perform better when playing against big guns lets wait and see the league still a long way to go but well done for beating the red devil.thank u very much.titanah ,gaborone botswana
  7. Titanah
    31. Posted by Titanah Tue Oct 27 3:22am EDT

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    Liverpool always perform better when playing against big guns lets wait and see the league still a long way to go but well done for beating the red devil.thank u very much.titanah ,gaborone botswana
  8. Titanah
    30. Posted by Titanah Tue Oct 27 3:20am EDT

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    Liverpool always perform better when playing against big guns lets wait and see the league still a long way to go but well done for beating the red devil.thank u very much.titanah ,gaborone botswana
  9. Michael Murdock
    29. Posted by Michael Murdock Mon Oct 26 10:40am EDT

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    Good point TT, the problem is Brits don't know jack about running a sports empire! America is the home of major sports NFL, NBA, MLB, NHL etc...we know how to support, market, and build successful sport franchises. Why do you think the most successful clubs in the prem are owned by Americans? It's much deeper than throwing money at players. Brits have what soccer & rugby & cricket? C'mon now...look at the top money making sports teams in the world and notice how many are US owned...

    Besides blame David Moores, he was smart he knew he was losing money every year so he got the heck out asap, these Americans will make your club successful even without winning any trophies. I bet if Liverpool fans bought the shares originally they would be begging for middle-eastern/US investors to help them afford the players they have on the roster now.
  10. 4 SURE
    28. Posted by 4 SURE Mon Oct 26 5:52am EDT

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    Kick the co-owners out!

    They have just strangled Liverpool with their debts.
    Liverpool has to be in the Champions League every season just to break-even, due to servicing of debts incurred by the shameful pair.

    Please Liverpool, it seems they want to go down with the club, so all the club can do is to find new investors, issue new shares and sell those new shares to new investors. This will reduce the ownership percentage of the two fools.

    Liverpool for life!
  11. Hamizan
    27. Posted by Hamizan Mon Oct 26 2:32am EDT

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    liverpool has a strong player
    but the money is weak.
    this two yankee dosen't care about player
  12. TT
    26. Posted by TT Sun Oct 25 11:10pm EDT

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    all of you Brit are stupid or what, why didn't your Brits keep the team in in your hand and pump money in to buy expensive players that might not win anything (look at Chelesy) and take a hug loss in finnacials year in and year out. . The Yank owners they want to keep fans happy, but they also don't want to loose money. Make your choice....... and think about it
  13. LM
    25. Posted by LM Sun Oct 25 10:00pm EDT

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    That's some good news. But the Yanks still need to get the eff out. They're bad for Liverpool's image.
  14. <i>kingkongbigmonster</i>
    24. Posted by kingkongbigmonster Sun Oct 25 5:52pm EDT

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    ""In Rafa we trust, LOL You can have him,,,,he took a team from CL Champs to 8th in EPL before the game. in 5 yrs he moved you back""

    Idiot.

    It was Rafa who won Liverpool the Champions League, you tool. Have Chelsea ever won it?

    Rafa took Liverpool to 2nd in 2008/09, the best finish for Liverpool in a long time.

    There isn't much chance of Liverpool beating both Chelsea and Man Utd without spending the same kind of money they do.

    Champions League winners, Champions League runners up, Premiership runners up and F.A Cup winners isn't that bad of a record considering mega spending Chelsea and Man Utd have been buying up all the trophies these last half dozen years....and despite all that Chelsea have NEVER BEEN CHAMPIONS OF EUROPE.

    Tosspot.
  15. CPW Fan
    23. Posted by CPW Fan Sun Oct 25 4:54pm EDT

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    protest against the owners , what a joke
    Rafa bought Lucas and then an injured player to replace Alonza

    In Rafa we trust, LOL You can have him,,,,he took a team from CL Champs to 8th in EPL before the game. in 5 yrs he moved you back

    One word.....Lucas

    Up the blues...1st place
  16. rahima
    21. Posted by rahima Wed Sep 30 10:36am EDT

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    The Owners should sell, at least half of thier shares.
    Cause only MONEY can buy us good players. We want trophies, we want the EPL title.
    We want to be the best, again. This Prince seems like the guy to help us with our finances.
  17. <i>d.magezi</i>
    20. Posted by d.magezi Wed Sep 30 4:44am EDT

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    Ilove da way da club plays their games
  18. Steve A
    19. Posted by Steve A Tue Sep 29 6:20pm EDT

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    Gillett should have the money now that's he sold the Montreal Canadiens. The guy is @#$% liar and a two-faced prick and as a Habs' fan I'm happy to see him go!
  19. ajdxb
    18. Posted by ajdxb Tue Sep 29 12:53pm EDT

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    trueblueroo: Liverpool is not as strong as last season. Alonso is a big loss. Why Rafa plays Lucas every game is beyond me. He doesn't do much for the defense, is mediocre in midfield and fires blanks. We are basically playing with 10 men.
    I love soccer. Football is for couch potatoes as it gives you the opportunity to get up and get a beer every few minutes. I have to laugh about the refs. They have to throw their little yellow flags on the ground to signal a penalty. Sooo funny.
  20. Jon C
    17. Posted by Jon C Tue Sep 29 10:31am EDT

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    trueblueroo: I understand that the name was changed to Football Australia. And I also understand, being a fan of rugby league and Aussie Rules, that "soccer" is still used as a term of differentiation, because the "roundball" is understood to be Australia's FOURTH code of football as well, esp. given that the term "football" is used often in speaking of the three more popular codes.
    Not to disagree with you, just illustrating the fact that Australia is perhaps the world's premier footballing nation.

    As for your term "Neanderthal," I will admit that we are quite the Philistine in the US about our cultural sensibilities, and we also have hang-ups about any other codes of football bearing the name. Reminds me of another country across the Atlantic from us, only they do have a bit more legitimacy in their argument (albeit they are actually defending the second-oldest modern code.)

    Oh, and yes, the name US Football has been claimed already by our little-known gridiron governing board, and representative in the International Federation of American Football, by which your nation is represented by Gridiron Australia.
  21. <i>chrisabrefa</i>
    16. Posted by chrisabrefa Tue Sep 29 8:11am EDT

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    liverpool is a great team by all standards.nobody should compare us to low lifers like chelsea
  22. <i>martin_rulz6</i>
    15. Posted by martin_rulz6 Tue Sep 29 7:07am EDT

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    torn, im sure football/soccer has a few criminals as well. All sports have them.
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