There has been plenty of activity in the boardroom at Liverpool this year, whether it's transfer talk, internal changes or even takeover rumours
Liverpool FC CEO Billy Hogan attends the UEFA Champions League 2025/26 Quarter-Final First Leg match between Paris Saint-Germain FC and Liverpool FC at Parc des Princes on April 8, 2026 in Paris, France
Billy Hogan has spoken out about the situation at Liverpool(Image: 2026 Eurasia Sport Images)
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Liverpool CEO Billy Hogan has admitted "change is inevitable" this summer in several departments. The summer kicked off with the sacking of manager Arne Slot before the appointment of Andoni Iraola from Bournemouth.
Michael Edwards also handed in his resignation as Fenway Sports Group's CEO of football after the multi-club ownership plan fizzled out.
On the pitch, Mohamed Salah waved goodbye, as did Andrew Robertson, who went on to join Tottenham Hotspur. In terms of arrivals, Bradley Barcola is being discussed for a potential British transfer record move from PSG, while Victor Munoz has also already been signed by Osasuna.
More changes are expected in the transfer window, but as the attention was turning to the market, there were reports stating Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin had been invited to join a consortium to purchase a stake in the club.
With plenty more changes still expected to take place, Hogan admitted the tides of change were too strong to hold back.
He said to the BBC: "Transition and change is inevitable in football. In our case, with a new coach coming in, there's real excitement around Andoni's mindset and philosophy that supporters will really enjoy. That will take time but in terms of transition.
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"I would send a message that we are in a very healthy place as a football club - the leadership from ownership is in a very steady place and we're looking forward to the next season and the season ahead."
He also addressed the recent speculation about the potential takeover talks after FSG confirmed a consortium spearheaded by British-Indian businessman Amit Bhatia were considering purchasing a strategic minority stake in the club. Hogan added: "Look, John Henry (the principal owner) and FSG have always said that if there was an interest in an investment that would help the football club, then they would consider it.
"That was said many years ago and that remains the case here. At this point, I wouldn't say anything different to the statement that a consortium led, managed and represented by Amit Bhatia has come forward and expressed an interest in a minority investment."
Arne Slot, Manger of Liverpool, hugs Andoni Iraola, Manager of AFC Bournemouth, prior to the Premier League match between AFC Bournemouth and Liverpool FC at Vitality Stadium on February 01, 2025 in Bournemouth, England
Iraola was hired as Slot's replacement this summer(Image: 2025 Liverpool FC)
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He also explained: "Off the pitch, our priority is to continue driving overall revenues and expand and build the club. We're really happy with the trajectory and direction of the club.
"We were fifth in the Deloitte Football Money League and had the highest revenue (£702m) in the Premier League. All of that investment, as has always been the case since 2010, goes back into the club. It's about running the club sustainably."
Liverpool, only just, qualified for the Champions League last season, but the campaign was still viewed as a disappointment, having come off winning the Premier League the season before. The setback also came amidst a backdrop of an unprecedented £450m spending spree, which saw the club sign Alexander Isak, Florian Wirtz, Hugo Ekitike, Milos Kerkez and Jeremie Frimpong.
PSG forward Bradley Barcola.
Liverpool are actively trying to sign Bradley Barcola(Image: Nicolo Campo/LightRocket via Getty Images)
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Looking back on that spending, Hogan believes less emphasis should be paid towards their purchases, as he reminded the football world of the money made by selling Luis Diaz, Darwin Nunez, Jarell Quansah and others.
He said: "It's important to keep in mind that last season, a considerable amount was invested but also generated in terms of sales of players going out. Over the course of FSG's stewardship, the investment has always been focused on doing what's best to put us in a place to win.
"Sometimes that means significant expense and other times it doesn't like in the summer of 2024 when there was only one addition (Federico Chiesa for £12.5m). It depends on where we are at the club and the improvements needed. Ultimately Mike Gordon, who is really our managing owner, will make those decisions."