Sir Martin Broughton believes Liverpool could now be worth as much as two billion pounds.
And the former chairman puts that down to Fenway Sports Group, who he says have delivered on everything they promised when they bought the club.
Broughton was the man responsible for selling the Anfield club to John W. Henry 10 years ago following the disastrous reign of George N. Gillett, Jr. and Tom Hicks.
The Reds currently sit top of the table and are just six wins away from claiming their first league title in 30-years, but the situation is a far cry from the one Broughton inherited at Anfield.
At that moment, the club was disarray at boardroom level, while on the pitch, Liverpool endured one of their toughest Premier League campaigns to date, that would eventually see them finish the season in seventh and be dumped out of the Champions League at the group stages.
And Broughton, in an interview with the Telegraph, has opened up what the club was like when he arrived.
“I was taken by surprise by how holistically dysfunctional it was,” he said. “I knew of the problems between the owners, and the problem between the owners and the fans, and the owners and the manager, Rafa Benitez.
“I was not aware there were three groups - the owners, the board members and the manager. It was an unbelievable scene of people in warfare, pushing their agenda against each other.
“The owners had lost credibility - credibility with potential investors, with the banks and, of course, the fans.
“That is why so many walked away from the process, or chose not to get involved at all. There was scepticism as to whether I could deliver - whether Hicks and Gillett would approve anything.
“We only ever received two formal bids. That tells you the club was sold for its market price.”
But fast forward to now and the mood around Anfield is a lot different. Last year saw the Reds become world and European champions and as a result, Broughton feels the club could possibly be worth two billion pounds.
“It is certainly worth one billion,” he says. “At least that. Possibly two.”
While Broughton also believes that FSG have delivered on everything they promised when purchasing the club.
“The sense of achievement comes from the fact that Fenway turned out to be the people I thought they were,” the businessman added.
“You never really know. You make your assessment and think they are the right people to own a football club like Liverpool, but you have to see it. They have delivered everything they promised.”
