Liverpool chairman Broughton

[Craig_H]

Yes, I know, that is not even being debated.

He is the chairman of BA though and as such has an involvement in it's running at a very high level.

What does his involvement at BA have to do with his role at LFC?

[cannotmakeit]

Are some of the comments here for real or on a windup??? Do people really think he because he supports Chelsea he will come do us over??? We talking about a multi-million dollar club in a multi-billion dollar industry with professional companies like RBS and Barcap involved, are people really that retarded?

[kingfunk]

Re: Liverpool chairman Broughton

Are some of the comments here for real or on a windup??? Do people really think he because he supports Chelsea he will come do us over??? We talking about a multi-million dollar club in a multi-billion dollar industry with professional companies like RBS and Barcap involved, are people really that retarded?

To answer your last question, I would say, yes.

[focusedonfootball]

Are some of the comments here for real or on a windup??? Do people really think he because he supports Chelsea he will come do us over??? We talking about a multi-million dollar club in a multi-billion dollar industry with professional companies like RBS and Barcap involved, are people really that retarded?

Ah yes, the professionalism and integrity of the banking sector of which RBS was such a shining example.

[Norbs]

Apr 10 2010 by Dominic King, Liverpool Echo

LIVERPOOL co-owners Tom Hicks and George Gillett are on the verge of appointing Martin Broughton, the head of British Airways, to become the club’s independent chairman.

Hicks and Gillett, both of whom were at Anfield on Thursday night to watch the Reds demolish Benfica in the Europa League, have been in Britain since Tuesday discussing a number of issues with their advisers, most notably investment.

The appointment of an independent chairman, though, has also featured heavily in their talks and, after much deliberation, Broughton is understood to be the man they want to step in. Liverpool officials will not comment on the subject but it is understood Broughton has held talks over the position and is set to be appointed to the role at some point in the next week. Where he will be based remains unclear. Broughton, a 62-year-old from West London, has been with BA since 2000 – he was on the board for four years before becoming chairman in 2004 – but he has a considerable background in sport, as he chaired the British Horseracing Board between 2004-2007.

He was also chairman of British American Tobacco when it launched the BAR Formula One team in 1999.

Such a move on Hicks and Gillet’s behalf makes sense, particularly if they are to find a minority investor to help reduce the club’s current £237m debt.

Reds Managing Director Christian Purslow has been attempting to bring in third party investment for months but the only confirmed interest so far has come from the Rhone Group, a private equity fund, who offered £113m for a 40 per cent stake last month.

Hicks, in particular, was reluctant to accept that figure but there are still several interested parties who have increased their interest in buying a stake since news of Rhone’s interest emerged.

I've worked at his home in Oxted a few times, not the sprawling pad you'd imagine but still a nice place. Never met him but I've met his Mrs a load of times. If it all goes tits up I'll egg the **** out of hi front door

[Bender]

New Liverpool chairman Martin Broughton has revealed that any potential buyer for the club will have to commit to building a new stadium.

Reds co-owners George Gillett and Tom Hicks confirmed their intention to sell Liverpool on Friday after a controversial spell at the club.

Broughton has been appointed chairman and has the task of finding a buyer for the Anfield outfit, who are £237million in debt.

The 63-year-old Chelsea fan hopes to oversee a quick sale process but insists a new ground is of utmost importance.

"We want to do the right thing for Liverpool and a new stadium is doing the right thing," he told The Times.

"It will add long-term value to the club and if we are looking for a new owner, that is something they will have to accept."

Barclays Capital is to advise Liverpool on the sale of the club while the Royal Bank of Scotland has agreed to continue with its present loans.

Broughton, the current British Airways chairman, has moved to calm fans' fears that American owners Gillett and Hicks are not sincere in their intent to sell.

"They are committed to a sale at a reasonable price, although I am not going to define what a reasonable price is," he added. "I would not have come in if they weren't serious.

Patience

"Everybody wants to know straightaway who the buyer is, but I am asking for a bit of patience on the part of the fans - give us a few months to get the process under way.

"Liverpool is one of those great institutions. Not only do they make football great, but they also make the Premier League great.

"I am excited and honoured to be taking up this position.

"I think the fans will be big enough to know that I've come here to do the right thing for Liverpool FC.

"They will also be big enough to respect the fact that I am a Chelsea fan.

"But this (the decision to find a new owner) is good news for the manager, it's good news for the players and it's good news for the fans.

"There is no need for a fire sale (of players), there is no need to do anything hasty."
From Sky Sports

[Vermilion]

I hate the "give us a few months to get the process under way" bit, ffs how long does it take to get "the process" under way ?

Ok, the obvious answer is 'a few months', hehe, but you know what i mean, i hope.

If i was a SERIOUS buyer and had the cash, i'd have alreday been in touch ffs...

[Guest]

He said that nothing will be played in the papers like it's been before. It makes sense. This guy means business from what I've seen.

[CJ]

chairmen dont tend to run companies. they are the figurehead. the chief exec of managing director etc.

the chairmen will set direction with the board. purslow will execute that direction on a day to day basis.

he has said he wont be running the club

he has been brought in to look at the sale so that is what he will do.

[Guest]

chairmen dont tend to run companies. they are the figurehead. the chief exec of managing director etc.

the chairmen will set direction with the board. purslow will execute that direction on a day to day basis.

he has said he wont be running the club

he has been brought in to look at the sale so that is what he will do.

Tell that to Red_Chilli. He seems to be suffering from senility.

[CJ]

Tell that to Red_Chilli. He seems to be suffering from senility.

there is no point telling him he doesnt want to hear it.

and he knows beter than everyone else on this subject.



agreeing with fredo what has happened to me

[red g]

Cannot believe how much they keep going on about broughtons Chelsea connection !!

I reckon 90% of chairmen in pl do not support there team. But apparently he is going to have to sit on his hands next week .

Why is it the media make such a big issue when it's us?

[PTP]

Cannot believe how much they keep going on about broughtons Chelsea connection !!

I reckon 90% of chairmen in pl do not support there team. But apparently he is going to have to sit on his hands next week .

Why is it the media make such a big issue when it's us?

cause we are clearly the easiest target.....it's a piss of piece stirring the **** with LFC.

[Kenneth]

cause we are clearly the easiest target.....it's a piss of piece stirring the **** with LFC.

What?

[Slinky Skills]

there is no point telling him he doesnt want to hear it.

and he knows beter than everyone else on this subject.



agreeing with fredo what has happened to me

You and Craig H both, never thought I'd see the day!!