UK time is: 01:05:03
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Liverpool: Director Steps Down

Liverpool FC's multi-millionaire director Jeff Vinik joins Philip Nash in leaving his post on the club's board...

Liverpool FC have today confirmed that American director Jeff Vinik has stepped down from his role at the club.

The 53-year-old was appointed to the Anfield boardroom shortly after the club's acquisition by American sports investment company the Fenway Sports Group, formally New England Sports Ventures, in October 2010.

Vinik, who is the owner of ice hockey outfit the Tampa Bay Lightning, is estimated to be worth in excess of $500m and made his name in the investment funds market.

A club spokesman confirmed the news saying: "We can confirm that Jeff Vinik has decided to step down as a board member of Liverpool FC, due to a desire to focus on his investment management and sporting interests.

"We would like to thank Jeff for his valuable contribution and wish him well for the future."

The New Jersey native, who also owns a small percentage in the Boston Red Sox baseball team, is highly regarded for his philanthropy work after donating over $15m to good causes, including a sizeable figure to a North Carolina based engineering school.

Vinik's departure will ultimately leave the board comprising of five members; John Henry (principle owner), Tom Werner (chairman), David Ginsberg (vice-chairman), Ian Ayre (managing director) and Michael Gordon.

Fellow director and Liverpool's finance director Philip Nash is also stepping down this month due to family reasons.

Elsewhere, the club has appointed one-time Walt Disney employee Matthew Baxter to the role of chief media officer.

Liverpool's managing director, Ian Ayre, commented on the development saying: "Our digital media and television operations are a crucial component of the club's future brand and commercial development.

"Matthew will have global responsibility for establishing a world-class television and digital media business by further developing our digital platforms domestically and internationally."

Most recently, Baxter was senior vice-president of MGM Networks where he focussed on sales and marketing, creating and launching TV channels around the world.

Follow me on Twitter @superbag

Not a Vital Liverpool member? It's a 100% free to join and get involved. Plus it only takes a few moments to sign up. Click here to become a member now!




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: Gavin Kelley-Day Mail feedback, articles or suggestions

Date:Wednesday February 6 2013

Time: 11:56AM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Liverpool Articles

Vital Preview: Liverpool vs. Arsenal (Saturday December 20 2014)

Liverpool: Balotelli Banned And Fined (Thursday December 18 2014)

Stats: AFC Bournemouth v Liverpool (Thursday December 18 2014)

Liverpool: 'We're Getting There' - Rodgers (Thursday December 18 2014)

Liverpool: Reds Draw Chelsea In Semis (Wednesday December 17 2014)

Liverpool: Scouse Of Cards (Wednesday December 17 2014)

Liverpool: Reds Draw Besiktas In Europa (Monday December 15 2014)

Archived Liverpool Articles

List All Vital Liverpool Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. RDD 12
2. The Bagman 9
3. BigRed83 9
4. trippymanni 2
5. pandoraclips 2
6. Artorejo7 1

League Results (view all)

League Table (view table)

Team P W D L GD Pts
8. Swansea 17 7 4 6 3 25
9. Newcastle 16 6 5 5 -4 23
10. Everton 17 5 6 6 0 21
11. Liverpool 16 6 3 7 -3 21
12. Aston Villa 17 5 5 7 -10 20
13. Stoke 16 5 4 7 -3 19
14. WBA 17 4 5 8 -6 17

Breaking League News

Harry Hails Hatrick Hero
Q.P.R. : 20/12/2014 23:12:00
Swansea : 20/12/2014 21:40:00
Bruce: We're Missing Our Big Players
Swansea : 20/12/2014 21:29:00
Wholesale Team Changes Pay Off For Monk
Swansea : 20/12/2014 21:23:00
Awesome Austin Blitzes Baggies
Q.P.R. : 20/12/2014 21:03:00

Current Site Poll (view all polls)

Who Will Win vs. Arsenal?
Suggested By:  The Bagman
Liverpool 47%
Arsenal 53%
Draw 0%