Parry said: “From the perspective of ownership, I believe the future of the club is in very safe hands. The Gillett and Hicks families possess a tremendous regard and admiration for the standing that Liverpool is privileged to hold in football – not just here in England, but throughout the world.
“To them, our virtues, heritage and culture are precious assets that will help to inspire everyone connected with us to continue to strive for further success – both on and off the field.
“From the team perspective, funds will be made available for the manager to further strengthen what is already an excellent playing squad.
“In tandem with this, building work will start very soon on our new stadium complex in Stanley Park – the first tangible sign of the financial commitment and expertise in the construction and management of world-class sporting arenas that George and Tom provide.”