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Liverpool Echo
Liverpool Echo
Sport
Dave Powell

Sir Martin Broughton makes state ownership claim amid Liverpool investment talk

Martin Broughton Liverpool Chelsea Football David Blitzer Josh Harris Jurgen Klopp Roberto Firmino Clearlake Capital Echo

Former Liverpool chairman Sir Martin Broughton believes that nation states are more appropriate owners of football clubs than private equity funds.

Broughton was chairman of Liverpool in 2010 and was seen as a key figure in expediting the sale of the club to Fenway Sports Group (then NESV) following the ruinous Tom Hicks and George Gillett regime.

Last year, the former chairman of British American Tobacco and British Airways, now 75, was part of a consortium that included American billionaires David Blitzer and Josh Harris, former London 2012 Olympic chairman Lord Sebastian Coe, and Indian billionaire and owner of the Sacramento Kings NBA team, Vivek Ranadive, that tried to acquire Chelsea following the sanctions placed upon former owner Roman Abramovich and the subsequent sale process that followed.

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