English Premiership

Liverpool chief executive Ayre hastens exit

2017-02-03 15:00
Liverpool Football Club

London - Ian Ayre is to step down as Liverpool chief executive three months ahead of schedule following a successful transition of management roles, the Premier League club announced on Friday.

Ayre, who is joining German second-tier side 1860 Munich, will leave at the end of February, with a successor to be named in due course. He announced his departure last March.

Mike Gordon, president of Liverpool's owners Fenway Sports Group (FSG), paid tribute to Ayre on behalf of himself, FSG owner John W. Henry and club chairman Ton Werner.

"On behalf of John and Tom, I would like to place on record the outstanding contribution Ian has made to Liverpool Football Club over the past 10 years," Gordon said in a press release.

"It goes without saying that his leadership of LFC has been instrumental to the club's progress under our ownership.

"It is a measure of his character and his commitment that we have been able to collectively plan and execute such a gradual, natural transition.

"On both a professional and personal level, he will be missed."

FSG confirmed that as part of the restructuring, Billy Hogan has been promoted to managing director and chief commercial officer and Andy Hughes to chief operating officer.

Gordon said FSG anticipated appointing a successor to Ayre "by our original deadline of the summer 2017".

Ayre has orchestrated a comprehensive overhaul of Liverpool's financial, commercial and operational structures.

He struck a lucrative sponsorship deal with Standard Chartered Bank, increased commercial revenues and led the 125 million ($156 million, €145 million) expansion of Anfield's Main Stand.

"There is no greater professional satisfaction for me than to leave Liverpool Football Club in much improved health throughout than when I joined here in 2007," Ayre said.

"This is a natural point for me to say goodbye to the role of chief executive to many friends, but my love and support for this great football club will continue as it has my whole life."

Read more on:    liverpool  |  english premiership  |  soccer
NEXT ON SPORT24X

What To Read Next

 

Read News24’s Comments Policy

Live Video Streaming
Video Highlights
Sport Talk

Fixtures
Saturday, 26 August 2017
AFC Bournemouth v Manchester City, Vitality Stadium 13:30
Crystal Palace v Swansea City, Selhurst Park 16:00
Newcastle United v West Ham United, St. James' Park 16:00
Huddersfield Town v Southampton, The John Smith's Stadium 16:00
Watford v Brighton & Hove Albion, Vicarage Road Stadium 16:00
Manchester United v Leicester City, Old Trafford 18:30
Sunday, 27 August 2017
Chelsea v Everton, Stamford Bridge 14:30
West Bromwich Albion v Stoke City, The Hawthorns 14:30
Liverpool v Arsenal, Anfield 17:00
Tottenham Hotspur v Burnley, Wembley Stadium 17:00
Saturday, 09 September 2017
Manchester City v Liverpool, Etihad Stadium 13:30
Arsenal v AFC Bournemouth, Emirates Stadium 16:00
Everton v Tottenham Hotspur, Goodison Park 16:00
Leicester City v Chelsea, King Power Stadium 16:00
Southampton v Watford, St. Mary's Stadium 16:00
Brighton & Hove Albion v West Bromwich Albion, The American Express Community Stadium 16:00
Stoke City v Manchester United, Bet365 Stadium 18:30
Logs
Team P W PTS
Previous Results

Date Home Team Result Away Team
Vote

Who will claim the Premier League title at the end of the 2016/17 season?

 
 
Men
Women
Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

The 2017/18 PSL season is under way. Can Bidvest Wits defend their title? Will Soweto giants Kaizer Chiefs or Orlando Pirates emerge victorious? Or will the bookies' favourites, Mamelodi Sundowns, taste success for a record eighth time? Stay glued to Sport24 to find out!

Latest blogs
 

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.