Liverpool chief executive Ian Ayre is to leave the club at the end of the month.
A new CEO at Liverpool is yet to be named but they are expected to start their tenure in the summer.
Meanwhile Billy Hogan, Liverpool’s chief commercial officer, has been promoted to managing director
Ayre was initially Liverpool’s commercial director under the near-ruinous ownership of Tom Hicks and George Gillett before promotions to managing director and chief executive under the current owner, Fenway Sports Group.
He explained: “When I came here in 2007 I set myself three objectives. One was turning the business around, another was to find some kind of solution to the stadium and thirdly was to see the club back at the top end of football. In my mind, I’ve achieved those things. The business is in a fantastic shape in all elements. The main stand is in place and then the football – the arrival of Jürgen [Klopp], the solidifying of the squad. You can’t sit here and wait for the squad to be perfect because you’d be here forever wouldn’t you? I felt I’d done the hardest parts and the biggest parts that I can do here. I felt it was less challenging by then and time to give somebody else an opportunity.”