Christian Purslow Rejects Fan Group Claims That Liverpool Owners 'Have No Money'

03-Feb-2010 12:51:00 PM

Reds director refutes allegations over lack of cash...

Liverpool fan group Spirit of Shankly are claiming that the club's managing director, Christian Purslow, has admitted that co-owners Tom Hicks and George Gillett are "out of money".

While SoS claim that Purslow laid things bare at a meeting with the fan group, the man himself has vehemently denied any such claims.

According to the minutes of the SoS meeting, Purslow allegedly said: "LFC is for sale. It will be sold. The owners have to sell, they are out of money. The bank want it sold, the fans want it sold and people want to buy it.

"The problems on the pitch at the minute aren't the fault of the owners. It is not simple enough to say that new owners will guarantee results on the pitch.

"I wanted investment just like you do; I stood up at AGMs and said that. Those who sold the club are responsible too. The promises of Hicks and Gillett are unforgivable. Hicks and Gillett cannot hang onto the club."

However, Purslow has completely refuted such claims, as he maintains that SoS were told to stop protesting against the owners as it would hamper potential investors from putting their money into the club.

"We are working together - management, owners, our banks - to bring in new investment which is the key first step," the managing director said in his version of the minutes.

"And as I said to a small group of you when I arrived, the most difficult part of bringing in investment is the coverage of disturbances or protests at games.

"Much is overplayed, but it gets read. The fact is that the owners are working hard to bring in investment. They are not an obstacle to this process - indeed they started it and bringing me in confirmed it.

"But it is tough to persuade new investors of the attraction of the club if they think they will get hassled every time they visit. So I again urge you all to think about this aspect and try and do the right thing."

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