Editing David Moores (section)

==Liverpool F.C.==
He became chairman of [[Liverpool F.C.]] on 18 September 1991. He owned 17,850 shares which represented 51% of the club. His uncle, Sir [[John Moores (British businessman)|John Moores]], was chairman of [[Everton F.C.]], although he was a small shareholder. John Moores created [[Littlewoods]] and made the Moores family one of the wealthiest in the UK. Littlewoods was sold in 2002 for £750m.<ref>{{cite web|url=http://www.topdare.com/2009/10/top-100-richest-people-in-british-football/|title=Top 10 richest people in British football|access-date=16 January 2010 |date=9 October 2009 |publisher=topdare.com}}</ref>

The family owned their stake in Liverpool F.C. for over 50 years.<ref>{{cite web|url=https://www.reuters.com/article/dubai-liverpool-bids-idUKB81717020080305|title=FACTBOX-Soccer-Who owns Liverpool Football Club|access-date=16 January 2010|date=5 March 2008 |work=Reuters}}</ref> However, Moores increasingly sought external investment to help the club develop a new ground, and ended up selling it in 2007, to American investors [[Tom Hicks]] and [[George N. Gillett, Jr.|George Gillett]], in preference to [[Mohammed bin Rashid Al Maktoum|Sheikh Mohammed]] and [[Dubai International Capital|DIC]]. The deal turned sour soon after.

In 2010, Moores said that "significant shareholders like [[Granada Television|Granada]] and [[Steve Morgan (businessman)|Steve Morgan]] were insistent the board of Liverpool F.C. should accept the Gillett and Hicks offer and left me in no doubt about my legal duty to accept the offer".<ref>{{cite web|url=http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/8705180.stm|title=Former owner David Moores calls for Liverpool sale|access-date=28 May 2010 |date=26 May 2010 |publisher=BBC Sport}}</ref>

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".<ref>{{cite news|url=http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/8705180.stm|title=Former owner David Moores calls for Liverpool sale|access-date=28 May 2010 |date=26 May 2010 |publisher=BBC Sport}}</ref>

Under the chairmanship of Moores, Liverpool had a turbulent period between 1991 and 1994 under manager [[Graeme Souness]].<ref>{{cite web|url=http://www.lfchistory.net/Articles/Article/455|title=Souness' Anfield agony – LFChistory – Stats galore for Liverpool FC!|work=lfchistory.net}}</ref> When Moores sacked Souness in January 1994, it was the first time a Liverpool manager had been sacked since 1956.<ref>{{cite web|url=http://www.liverpoolecho.co.uk/liverpool-fc/liverpool-fc-news/2012/01/06/a-run-down-of-liverpool-s-post-war-managers-100252-31089938/|title=A run-down of Liverpool's post-war managers|author=liverpoolecho Administrator|date=6 January 2012|work=liverpoolecho}}</ref> 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."<ref>{{cite web|url=https://news.google.com/newspapers?id=TDtOAAAAIBAJ&sjid=zxMEAAAAIBAJ&pg=5614,4177445&dq=tears+for+souness&hl=en|title=New Straits Times – Google News Archive Search|work=google.com}}</ref>

Under Moores, Liverpool went through their most barren spell for three decades. Though they won the most club competitions over the sixteen years, this excluded the most prized English Premiership. In 2005, Liverpool won a fifth [[UEFA Champions League]] after defeating [[AC Milan]] in the [[2005 UEFA Champions League Final|final]].<ref>{{cite web
|url=http://news.bbc.co.uk/sport2/hi/football/europe/4573159.stm|title=AC Milan 3–3 Liverpool (aet)|access-date=16 January 2010|date=25 May 2005|publisher=[[BBC Sport]]}}</ref>

After the departure of Moores, [[Kenny Dalglish]] returned to the manager's position amid rumours that he had wanted to return in the mid-1990s, but was frustrated by the hesitancy and inconsistency of the decision-makers at Liverpool.{{citation needed|date=September 2018}} Dalglish returned as manager in January 2011 but left the club at the end of the 2011–12 season.