Liverpool sporting director Julian Ward will leave the club at the end of the season after a full year in charge.
In the summer, Ward took over from his predecessor Michael Edwards, who many credited with the Reds’ recent success in the transfer market, but decided to leave as he is understood to be looking to take a break after more than a decade at the club.
His decision was unexpected and was understandably met with disappointment at the club.
However, they are confident that the succession that saw him succeed Edwards will once again provide them with some stability, bolstered by long-standing senior staff including Dave Fellows (head of recruiting) and Barry Hunter (chief scout), who continue play central roles.
The club has begun a process to determine which model will be most effective going forward and PA news understands that manager Jurgen Klopp, who recently extended his contract until 2026, will play a key role in that process alongside chief executive Billy Hogan.
Ward’s departure follows 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 shown “strong interest” in investing in Liverpool, according to FSG partner Sam Kennedy.
They asked Goldman Sachs and Morgan Stanley to gauge buyer interest, and now Kennedy, CEO of the FSG-owned Boston Red Sox, said there are plenty of investment suitors.
He told The Boston Globe last week: “There has been a lot of interest from a number of potential partners who are considering investing in the club.
“It is still too early to explore the possibilities of a possible investment in Liverpool.”
Why are Liverpool and Manchester United on the market?
Sky Sports News Senior Reporter Melissa Reddy:
“It’s largely driven by the £4.25bn takeover of Chelsea. Sky Sports News it was said that the Glazers and Fenway Sports Group had been told for months that this was a “peak period” for the valuation of top clubs, as evidenced by the fact that the west London side had received such a staggering figure despite being forced to sell because of sanctions. on Roman Abramovich.
“The acquisition of the oligarch’s shares cost £2.5bn and a binding promise of £1.75bn of future investment in the club’s stadium, academy and women’s team to take the figure to £4.25bn.
“One source in the US, who has dealt with the Glazers and FSG on financial matters, said the sale of Chelsea had “moved the dial” for both owners. They were very reluctant to consider selling before “seeing the extent of legitimate interest”. there.”