Vital Football

Latest Liverpool FC News

Liverpool: Director Steps Down

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!



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

Writer:Gavin Kelley-Day
Date:Wednesday February 6 2013
Time: 11:56AM

Best of Vital Network

Vital Boxing - Mike Towell – RIP

Vital Boxing - Tyson Fury Will Be Back!

Login to post a comment

Recent Liverpool Articles

Liverpool: Team News 16/17 - Swansea City (Away)

The line-ups are in ahead of today's Premier League contest between Swansea City and Liverpool at the Liberty Stadium

Liverpool: Lawro Predicts 16/17 - Swansea City (Away)

Ex-Reds centre-back Mark Lawrenson previews the upcoming Premier League fixture between Swansea City and Liverpool

Top 20 Club Wage Bills

As we come to the end of the annual summer financial focus with one season ending and another now well underway, here are the top 20 wage bills across European sides.

Liverpool: Stats Preview 16/17 - Swansea City (Away)

A selection of the best facts, figures and statistics ahead of Swansea City's Premier League hosting of Liverpool

Archived Vital Liverpool Articles

Vital Liverpool articles from

Site Journalists

Gavin Kelley-Day
Editor email
Profile

Current Poll (see more polls)

Who Will Win vs. Swansea City? (Away)
Suggested By: Editor
Swansea City7%
Draw13%
Liverpool80%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 Man City 6 6 0 0 18 13
2 Spurs 6 4 2 0 14 7
3 Everton 7 4 2 1 14 6
4 Arsenal 6 4 1 1 13 8
5 Liverpool 6 4 1 1 13 7
6 Man Utd 6 4 0 2 12 5
7 Crystal Palace 7 3 2 2 11 3
8 Chelsea 6 3 1 2 10 1
9 Southampton 6 2 2 2 8 1
10 WBA 6 2 2 2 8 1
11 Watford 6 2 1 3 7 -1
12 Leicester City 6 2 1 3 7 -3
13 Burnley 6 2 1 3 7 -3
14 Hull City 6 2 1 3 7 -5
15 AFC Bournemouth 6 2 1 3 7 -5
16 Middlesbrough 6 1 2 3 5 -3
17 Swansea 6 1 1 4 4 -5
18 West Ham 6 1 0 5 3 -9
19 Stoke 6 0 2 4 2 -11
20 Sunderland 6 0 1 5 1 -7
Latest F1 News
Latest Vital Boxing News

Recent Liverpool Results (view all)

Liverpool Fixtures (view all)

Oct 1 2016 12:30PM : Swansea City (a)
Barclays Premier League
Oct 17 2016 8:00PM : Manchester United (H)
Barclays Premier League
Oct 22 2016 5:30PM : West Bromwich Albion (H)
Barclays Premier League
Oct 25 2016 7:45PM : Tottenham Hotspur (H)
Capital One Cup
Oct 29 2016 5:30PM : Crystal Palace (a)
Barclays Premier League
Nov 6 2016 2:15PM : Watford (H)
Barclays Premier League

Vital Members League Table

RankNamePoints
1.BigRed831