DUO UNDERSTAND LIVERPOOL TRADITION
Liverpool chief executive Rick Parry has welcomed George Gillett and Tom Hicks to the club, insisting the American businessmen have a 'strong understanding of the traditions' of the club.
REDS AGREE TO AMERICAN TAKEOVER TERMS
Parry, speaking at a press conference at Anfield just hours after the board approved the bid to the club’s shareholders, said: “I am delighted to welcome George and Tom to Anfield.
“It is a great deal for Liverpool, our supporters and the shareholders and it is the beginning of a new era for the club.
“The partnership created by George and Tom is a very special one. They’re bringing to the table tremendous and relevant experience, a passion for the sport, real resources and a strong commitment and understanding of the traditions of Liverpool.”
Parry also confirmed that he expected the pair to be involved with the Merseyside club for a long time as they look to build a new stadium.
“We know George and Tom want a long-term relationship with Liverpool. They’ve shown this in our talks on the future and in the focus that they’ve brought to the takeover process.
“They’ve made their intentions clear to move quickly on our new stadium in Stanley Park and also to support investment in the playing staff.”
Hicks said: “I want to thank George Gillett for inviting my family and me to consider partnering him.
“George and I have known each other for years. We are friends and have done business together in the past.
“In the National Hockey League we are both business partners and business competitors. I hope to play him in the Stanley Cup some time.
“I would like to thank David Moores for having the confidence in our two families as proper custodians of this storied football club.
“It was not a question of money, it was a question of are we the proper custodians and I believe we are.
“I have been in sports for 12 years in hockey and eight in baseball. I knew nothing of hockey when I bought the (Dallas) Stars and we won the Stanley Cup.
“You have to have good business management and we were attracted to his oportunity as it has the stability.
“Rick will continue to run the club. We spoke to Rafa (Benitez) and we are totally confident we have that in place.
“We assure fans we know what you want - we want to win.”
GEORGE GILLETT JNR: FACTFILE
Gillett was also keen to establish his full support for those currently running the club - from Parry at boardroom level, to manager Benitez.
“This is a very well-run club. It is not a club that has a lot of obvious problems," he said.
“With Rick and with Rafael Benitez as the manager they have been very successful on the pitch.”
That means there are no plans to make immediate or radical changes at the club.
“There’s no urgency to do something short-term or foolish," Gillett added.
“If there’s ways we can supplement the management who are already here, we’ll do it.”
TOM HICKS: FACTFILE
Hicks confirmed that the he and Gillett would share responsibilities equally, with day-to-day involvement from Parry, and expects that arrangement to bring success to the club.
“We’re going to be co-chairmen, equal partners in every sense of the word. We’ll each have one of our sons on the board too.
“Both of our styles are to be successful in the sports industry by depending on the people running the business. In this instance Rick Parry will be running the business.”
Gillett revealed it had been a long process and said the first match he attended was the Community Shield clash with Chelsea in Cardiff last August.
“David Moores is a person who is very special and is close to your hearts and I particularly want to thank David and his wife because they have given confidence to us and our families,” the Montreal Canadiens owner said.
“We are looking forward to a mutually enjoyable relationship and bringing trophies from the Premiership and Europe.”
Gillett insisted there was no similarity to the Malcolm Glazer takeover of the Reds’ great rivals Manchester United, where the money to purchase the club was in part borrowed against the club’s projected future earnings.
“We have purchased the club with no debt on the club, so I think in that regard it is different. We believe in the future of the club, the future of the league, the new TV contracts are outstanding and we are proud to be a part of it.
“This is truly the largest sport in the world, the most important sport in the world, and this is the most important club in the most important sport in the world and what a privilege we have to be associated with it.
"We hope that with the good graces of Rick and his team that we will have on-the-pitch success and economic success.”
Asked about possible means of generating revenue, Hicks said: “All professional sports have various components. TV is very important, (also) commercial sponsorships (and) ticket sales.
“If you look at the Premier League today it is a strong revenue-generating body for the leading teams, I believe it has the chance to be a growing industry over time.
“It is a long-term growth industry. You can’t replicate it in a movie theatre, it’s real and that’s why the fans love it. We need all the revenues we can possibly find to compete with Manchester and Chelsea.”
Gillett was asked about selling naming rights to the stadium and said: “If the naming rights are worth one great player a year in transfer spending, we will certainly look at that as a serious option.”
Parry was pleased that negotiations had reached a successful conclusion after Dubai International Capital pulled out of the running to buy the club last week.
Parry said: “I feel very excited, it has been a long process. It is about three years since we started so I’m very excited to be bringing it to a conclusion.
“But it is more exciting to be looking to the future. The expertise Tom and George bring to that will help take us to the next level.
“I’m looking forward to learning. There have to be things they have done we can learn from.
“It is hugely exciting and we can look forward with enormous optimism.
“When we look back to last November, it was a very finely balanced decision. We were fortunate to have two great bids on the table and I had the unenviable task of phoning George to tell him he had been unsuccessful.
“He was gracious in defeat and wished us luck.
“But with Dubai things we taking longer than we hoped, we hoped it would be done by Christmas.
“We got to January and George started to come back again. I would not say we welcomed him with open arms, but he would not go away.
“He came back with a very different proposition because he came with Tom and that changed the complexion of the bid. If Tom had been with him in November we may have made the decision then.”
Responding to Parry’s remarks, Gillett admitted his first bid to take control of the club had not been up to scratch.
He said: “DIC are outstanding people. I believe they would have been an outstanding owner for this club.
“I don’t believe David and Rick made a mistake then. They made the right decision then.
“But I did listen and we did reinforce our partnership by bringing in one of the most successful businessmen in America. I believe we supplemented the strength our family had with the Hicks family and presented a situation with a better financial head that was really compelling.
“There is no animosity or frustration. I believe they made the right decision the first time but pleased we could come back with a better partnership, better capital and hopefully we can assist this franchise going forward.”
Gillett also attempted to assure the club and fans that he and Hicks would not undermine the great history of the club.
He said: “We do not understand the heritage and legacy of the sport anywhere as near as they do but we do have respect.
“Tom had the privilege of inheriting two sports teams that had history before he arrived and I did six years ago.
“We have been in situations where there was an illustrious heritage before we got there.
“I will intend to meet some of the players. We met Jamie (Carragher) and Steve (Gerrard) in Manchester and they are very special, they were a lot of fun.
“We went into a situation in Montreal in French-speaking Quebec that was very different and I think after six years people understand our job is to be custodians of the franchise.
“Owning this great franchise is special. We want to add to that lustre, not detract from that lustre.”
On the new ground, Gillett also promised swift action, saying: “If one is to preserve the grants, and we are extraordinarily respective of the grants we have received, the shovels need to be in the ground in the next 60 days or so.
“We are fully supportive of the Stanley Park development plan. We hope this will be the greatest facility in the sport."
Gillett then put a full stop on rumours of a ground share with Everton.
“There was never any way we tried to communicate this [ground share proposal] with Everton. That conversation did not take place,” he said.
“We look forward to having some fun on a local rivalry basis, but it will not be on a single pitch.”
Hicks, who admitted the pair will have their own men look at existing plans, said: “This will come together very quickly.”
The tycoons were keen to confirm they will support Benitez with new players, both in the transfer market and from the youth academy.
Hicks said: “You need to keep your star players but also develop your young players.
“Young players are the lifeblood of your team, so we talked about how we can improve that side of the team.
“We’re going to let Rafa and Rick bring us their plans (for signings) and then support those plans. It’s Rick’s job and Rafa’s job to bring us those requests.”
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