Rick Parry is set to leave Liverpool Football Club.
It was reported that Parry’s departure by mutual consent will be officially announced by Liverpool later today.
The long serving chief executive will not leave with immediate effect though with all parties in agreement that he will remain in position until the end of the current season.
Speculation will inevitably surface suggesting Parry has lost a power struggle with Reds boss Rafa Benitez but the real reason for his power is an acknowledgment that his relationship with Tom Hicks is unworkable.
As yet, there are no indications about who will replace Parry when his time at the club comes to an end.
Liverpool Echo