Education
Stowe School.
Stowe School.
He became Chairman on 18 September 1991. He owned 17,850 shares in which represented 51% of the club John Moores created Littlewoods and made the Moores family one of the wealthiest in the United Kingdom. Littlewoods was sold in 2002 for £750m.
The family owned their stake in for over 50 years.
However, Moores increasingly sought external investment to help Liverpool develop a new ground, and ended up selling it in 2007, to American investors Tom Hicks and George Gillett, in preference to Sheikh Mohammed and Disseminated Intravascular Coagulation. The deal turned sour soon after. In 2010, Moores said that "significant shareholders like Granada and Steve Morgan were insistent the board of should accept the Gillett and Hicks offer and left me in no doubt about my legal duty to accept the offer".
In a letter to The Times in May 2010, Moores admitted that he "hugely regrets" selling Liverpool to the American duo. Moores called on Gillett and Hicks to step aside and find a suitable buyer for the club
Moores wrote: "I call upon them now to stand back, accept their limitations as joint owners, acknowledge their role in the club"s current demise, and stand aside, with dignity".
Under the chairmanship of Moores, Liverpool had a turbulent period between 1991 to 1994 under manager Graeme Souness. When Moores sacked Souness in January 1994, it was the first time a Liverpool manager had been sacked since 1956. Moores said at the time that the decision to sack Souness was made because "the results have been well below what is expected by the club and its supporters."
Under Moores, Liverpool went through their most barren spell for three decades.
As a result, Manchester United have now overtaken their championship total haul, and are close to their total haul for all major trophies, something which was unimaginable when Moores" tenure started.
After the departure of Moores, Anfield legend Kenny Dalglish returned to the manager"s position amid rumours that he had wanted to return in the mid-90s, but was frustrated by the hesitancy and inconsistency of the decision-makers at Liverpool. Dalglish returned to the club in January 2011 but left the club at the end of the 2011-2012 season.