The assumption in the City is that he is there to help renegotiate the loan and then to try to sell the club. Otherwise what is the point of his appointment?
For once Walton Red, I think you are very mistaken in that assesment.
The basis for the refinance will have long since been agreed. The key element, of whether G&H have the cash, is outside of Purslow's control. There is no suggestion whatsover that we are a month from meltdown.
The prospects for a sale post refinance are not going to be significantly better than before. The notion that someone like Purslow needs to be brought in on the staff to effect a sale is nonsense.
Moores and Parry remaining on the board offered the "benefit" of both administrative continuity, and UK market and financial community knowledge.Unsurprisingly that has proved to be worthless.
THE key issue facing LFC is the new stadium project and this man seems to have the credentials to deliver it. That is the main point for his appointment.
I suspect that the fact that he is fluent in Spanish has less to do with communication with Rafa, and more to do with ensuring that Rafa is not the sole conduit for the Spanish contingent to communicate with the board, that is a big plus. But having a fluent Spanish speaker on the Board will do much to assist in dealings with Rafa and the other Spanish speakers anyway.That he is a "fan" is irrelevant to me - so were P&M.
