“Then, at 4.01pm, it was on Sky Sports that they’d pulled out. There was no rejection as has been made out. David found out about it because he was watching Sky Sports.”

The American businessmen will become co-chairmen, with Mr Parry left to run the club and David Moores becoming an honorary life-president.

Mr Parry said: “The debate was not on money at any stage. It was about passion, it was about excitement and winning trophies, which for every Liverpool supporter, for everybody associated with the club, winning trophies is the only thing we think about.

“The reason they bought the club in the first place was the things that are special about Liverpool. The last thing they are going to do is spoil that. They are not about to come in and change things for the sake of change.

“I have every confidence the strengths of the club will remain and don’t let us forget that our supporters will not let things change.

“They will be very vocal and the new owners will get the message very quickly if they even attempt to overstep the mark.

“That in a sense was the biggest challenge for us from a financial perspective. It is a massively important project for the club, vital for our future and to boost our revenue streams.

“They know how to manage and develop stadiums, they can bring resource and expertise to bear. That will be the first tangible sign and in due course the signs we all hope to see are more silverware.”