Liverpool’s director of football, Julian Ward, will leave the club at the end of the season after just one year in charge.
Ward took over from his predecessor Michael Edwards, who is regarded as the Reds’ most successful player in the transfer market, in the summer but has decided to leave as he is understood to want to retire after more than a decade. group.
His decision was unexpected and it is understood that he was met with disappointment within the group.
However, he is confident that the continuity he saw after Edwards’ success will give them stability, with the help of long-standing staff including Dave Fallows (head of recruitment) and Barry Hunter (head of scout) who continue to hold key positions.
The team has begun the process of determining which model will be most effective in the future and the PA news agency understands that manager Jurgen Klopp, who recently extended his contract until 2026, will play a key role in this process along with general manager Billy Hogan.
Ward’s departure comes after recent news that Liverpool owners FSG are believed to be considering selling the club, although they would prefer to attract new investors by selling a minority stake.
Fenway Sports Group (FSG) has received “significant interest” in Liverpool’s investment, according to FSG partner Sam Kennedy.
They have asked Goldman Sachs and Morgan Stanley to gauge buyer interest and now Kennedy, CEO of the Boston Red Sox owned by FSG, has said there are more investors.
He said Boston Globe last week: “There has been a lot of interest from many potential partners looking to sell the club.
“It’s early days when it comes to exploring opportunities for investment in Liverpool.”
Why are Liverpool and Man United in the market?
Sky Sports News chief reporter Melissa Reddy:
“A lot of it was sparked by the £4.25bn takeover of Chelsea. Sky Sports news was told that the Glazers and Fenway Sports Group had been advised for several months that it was a “high time” to count on top clubs, as the west London side commanded such incredible players despite being forced to sell due to sanctions. on Roman Abramovich.
“It took £2.5bn to acquire the oligarch’s shares and a firm promise of £1.75bn for future investment in the club’s stadium, academy, and women’s team, to reach £4.25bn.
“A source in the US, who has been involved with the Glazers and FSG in financial matters, said that the sale of Chelsea “moved the call” for all owners. They were too skeptical to consider a sale before they saw “a lot of legitimate interest.” There.”