London, Oct 29(ANI): West Bromwich Albion manager Roy Hodgson has revealed that Liverpool were on the verge of going bust during his troubled time there as manager.
Hodgson had signed a three-year contract with Liverpool on July 2010, but he lasted only six months and 31 games.
The 64-year-old was sacked after Liverpool was sold to Fenway Sports Group in October 2010 for 300 million pounds.
“When I went in it was a time of transition and the first job for the people who employed me was to make sure the club didn’t go into liquidation, which was a potential situation,” the Daily Express quoted Hodgson, as saying.
“It didn’t get close because of the great job [chairman] Martin Broughton and [managing director] Christian Purslow did in being able to sell the club and find new owners.”
“There were major problems with the previous owners not being able to meet the bank’s demands and the bank maybe closing the club down,” he added. (ANI)