Revealed: Liverpool make boardroom change as director’s replacement named
Liverpool parent company UKSV Holdings has replaced Greg Morris with Julie Swinehart in the boardroom, Football Insider can reveal.
A Companies House submission backdated to 31 March was filed on Tuesday (11 March) confirming the directorial switch-up.
Swinehart has been Fenway Sports Group’s chief financial officer since her appointment in July last year when she replaced Morris himself.
Morris, who has held several positions with FSG across almost two decades of service, is now a special adviser to Swinehart at the Boston-based investment company.
Former Deloitte executive Swinehart is in charge of finance of accounting for FSG’s network of sports teams and agencies.
Her background is in the real estate industry, where she most recently worked for Retail Properties of America.
She is now one of three key management personnel at UKSV Holdings, the other two being FSG co-founder John Henry and Edward Weiss, who is general counsel to Henry and vice president of FSG-owned Boston Red Sox.
UKSV Holdings is registered as a company at Anfield and is the group that ultimately controls Liverpool.
It was established when FSG bought Liverpool for £300million in October 2019.
It posted a £3.2m loss on turnover of £594m when it filed its annual accounts in March, which were for the 2021-22 season when Liverpool came within two matches of a quadruple.
Their income will likely decline when the time comes for them to release their 2022-23 financial results as a consequence of a trophyless season and their failure to progress past the Champions League round-of-16.
Next season’s results could be worse still, given that Jurgen Klopp’s side could be without lucrative European football entirely.
In other news, Liverpool now in hunt to sign Joao Palhinha as close ties with agent revealed.