- Christian Purslow
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Christian Purslow Born December 14, 1963
United KingdomNationality British Occupation Businessman Known for co-founder MidOcean Partners
Former Managing Director of Liverpool F.C.Christian Mark Cecil Purslow is a British-born businessman, co-founder of private equity firm MidOcean Partners, and former Managing Director of Liverpool Football Club.
Contents
Early life
Attending Aylesbury Grammar School as a boy, he went on to graduate with a degree in Modern and Medieval Languages at Fitzwilliam College, Cambridge,[1] he earned an MBA at Harvard Business School where he was a Baker Scholar.[2]
Career
Purslow trained as an analyst with LEK Consulting, before joining the Burton Group as executive assistant to the CEO. After becoming head of new business development for Reuters, he joined Credit Suisse First Boston as head of uk Mergers and Acquisitions. He then joined Schroders Salomon Smith Barney as head of cable, media and entertainment investment, before becoming Managing Director of DB Capital Partners. It was while in this position, that DB Capital Partners was spun-out, in which he became managing director of new private equity firm, MidOcean Partners.[2]
Liverpool F.C.
A season ticket holder of Liverpool, he was appointed managing director in June 2009.[3][4] as a replacement for Rick Parry. Three months into his tenure, a team headed by Purslow negotiated an £80 million shirt sponsorship deal with Standard Chartered Bank.[5]
On 6 October 2010, Purslow voted in favour of the sale of the club from current unpopular owners Tom Hicks and George Gillett to the NESV group. In response to this, Hicks requested Purslow's resignation, along with Ian Ayre's. Hicks subsequently claimed both Ayre and Purslow had been sacked, although the matter remains at the centre of a legal dispute, with Liverpool Chairman Martin Broughton claiming Hicks did not have the authority to change the club's board. On 15 October 2010, NESV finally completed its £300m takeover of Liverpool.[6]
Having completed his brief by finding a buyer, Purslow stepped down on October 20, 2010 after NESV assumed control of the club.[7] He remained as a non-executive director and special adviser until February 2011.[8][9]
References
- ^ Optima, Fitzwilliam College Newsletter Spring 2010 p.19
- ^ a b "Biography on MidOcean Partner Website". http://www.midoceanpartners.com/#/team/executive_board/.
- ^ Kelso, Paul (22 June 2009). "Liverpool appoint Christian Purslow as their new managing director". Independent. http://www.telegraph.co.uk/sport/football/leagues/premierleague/liverpool/5600713/Liverpool-appoint-Christian-Purslow-as-their-new-managing-director.html. Retrieved 2009-09-14.
- ^ http://www.liverpoolfc.tv/news/latest-news/lfc-appoints-managing-director
- ^ Parsons, Russel (14 September 2009). "Liverpool looks to Standard Chartered to help global expansion". Marketing Week. http://www.marketingweek.co.uk/liverpool-looks-to-standard-chartered-to-help-global-expansion/3004399.article. Retrieved 2009-09-14.
- ^ "New owner John W Henry determined to revive Liverpool". BBC Sport. 2010-10-16. http://news.bbc.co.uk/sport2/hi/football/teams/l/liverpool/9097945.stm. Retrieved 2010-10-20.
- ^ "Liverpool managing director Christian Purslow quits job". BBC Sport. 2010-10-20. http://news.bbc.co.uk/sport2/hi/football/teams/l/liverpool/9111239.stm. Retrieved 2010-10-20.
- ^ "Christian Purslow stands down at Liverpool as John Henry starts rebuilding work". Daily Mail. 2010-10-16. http://www.dailymail.co.uk/sport/football/article-1322131/Christian-Purslow-leaves-Liverpool.html. Retrieved 2010-10-20.
- ^ BBC Sport - Christian Purslow relinquishes Liverpool posts
Managing Director Ian AyreDirectors President (Honorary Lifetime) Former Directors Martin Broughton · George Gillett · Tom Hicks · Rick Parry · Christian Purslow · Noel White · John Smith · Terry Smith · Keith Clayton · Jules BurnsCategories:- 1963 births
- Living people
- People from Cardiff
- Alumni of Fitzwilliam College, Cambridge
- Harvard Business School alumni
- British businesspeople
- British bankers
- Private equity and venture capital investors
- Liverpool F.C. chairmen and investors
- British sports executives and administrators
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