Liverpool managing director Ian Ayre admits they were on the brink of financial disaster before FSG stepped in. Just under four years ago they were on course for financial ruin and Premier League titles were the furthest thing from the thoughts of people running the club and, indeed, the supporters.
Ayre said: "I do not think there was a Liverpool fan in the city or anywhere who was not worried we would not get to this position, for many reasons.
"Real Liverpool fans do not change their team or commitment, it was more to do with the governance of the club.
"It is no secret, it's like that TV programme, 'Seconds from Disaster' - we were sort of in that vein.
"It was horrific to see the football club in that state. People sometimes forget how bad it was.
"I speak to people now and they have really short memories.
"When you think about that day when we tipped it over the edge and finally pulled it back, we have come such a long way.
"If you think about where we were financially, just because you're Liverpool Football Club it does not mean you have a right to get back up there.
"There are plenty of teams who could have slipped and slipped, despite new owners, so it's an unbelievable achievement to get back where we are today.
"That is testament to the people who invested in it and worked on getting us back there."
