Christian Purslow
| Christian Purslow | |
|---|---|
| Born |
14 December 1963 United Kingdom |
| Nationality | British |
| Alma mater | University of Cambridge Harvard University |
| Occupation | Businessman |
| Known for | co-founder MidOcean Partners Former Managing Director of Liverpool F.C. |
Christian Mark Cecil Purslow (born December 14, 1963) is a British businessman, co-founder of private equity firm MidOcean Partners, and former managing director of Liverpool Football Club. He is now a director and the head of global commercial activities at Chelsea Football Club.
Attending Aylesbury Grammar School as a boy, he went on to graduate with a degree in modern and medieval languages at Fitzwilliam College, Cambridge, he earned an MBA at Harvard Business School where he was a Baker Scholar.
Purslow trained as an analyst with L.E.K. 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.
Purslow was appointed managing director of LFC in June 2009, with a priority to renegotiate the £350m loan the club had outstanding with RBS and to assume overall management of the club until a new permanent CEO could be appointed. Three months into his tenure, a team headed by Purslow negotiated an £80 million 4 year shirt sponsorship deal with Standard Chartered Bank.
On 6 October 2010, Purslow voted in favour of the sale of the club from the unpopular then-owners Tom Hicks and George Gillett to the NESV group. In response to this, Hicks tried to block the sale by removing Purslow and Ian Ayre from the board and installing his son, Mack, and his business associate Lori McCutcheon to the board. On 13 October 2010, at a hearing in the High Court in London, Mr Justice Floyd held that Hicks’ actions were unlawful and in breach of the agreement he had signed with RBS. Floyd’s judgment allowed the sale to proceed and, on 15 October 2010, NESV finally completed its £300m takeover of Liverpool in a deal which drastically reduced the club’s debt to RBS.
...
Wikipedia