Former Liverpool chairman David Moores resigns from board of directors.
L'pool former chairman, David Moores, has resigned from the club's board of directors. Moores, whose family became one of the richest in Britain with the creation of the Littlewoods empire, took the role of chairman in 1991.
However, with the club in need of increasing investment, he sold his majority shareholding to current American owners George Gillett and Tom Hicks two years ago.
The move proved unpopular among many fans after the pair borrowed £350m to finance the takeover and then plans for a new stadium were continually delayed.
Moores admitted last year he felt "heartbroken and let down" by the owners, and his disappearance from the board follows the decision by chief executive Rick Parry – who helped negotiate the takeover with Gillett and Hicks – to step down this summer after 12 years at the club.
Despite leaving the board Moores will retain his position as honorary life president.
fuck the 2 Americans !!!!
Moore's fault also , sold to the wrong person .
Rick Parry also partly at fault , to help negotiate the sales to the 2 Americans .
Originally posted by Poolman:fuck the 2 Americans !!!!
Moore's fault also , sold to the wrong person .
Rick Parry also partly at fault , to help negotiate the sales to the 2 Americans .