Parry’s big Reds pay-off

FORMER Liverpool chief executive Rick Parry received a �4.295million pay-off when he left Anfield last summer according to the club’s accounts.

The huge sum was reportedly negotiated with ex-chairman David Moores when current owners, Tom Hicks and George Gillett, entered into the bidding to buy the club in 2007.

Parry collected 4.238million in emoluments - the total remuneration for salary and bonuses - and a further �57,000 in company pension contributions.

Parry left the Reds after a breakdown between himself and manager Rafael Benitez and Hicks last year.

You may also want to watch:

Become a Supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Become a Supporter