Liverpool chairman Martin Broughton has confirmed to ESPNsoccernet that the future of manager Roy Hodgson following a takeover is catered for in the provisions of his contract.
Prospective owners New England Sports Ventures (NESV), led by John W Henry, plans to sit down with Hodgson once the deal is complete to discuss his vision for Liverpool's future.
The men who own the Boston Red Sox have no immediate plans to install their own manager but Broughton was brutally honest about the situation Hodgson now faces, and how Hodgson entered into his Liverpool contract with his eyes wide open.
In an exclusive interview with ESPNsoccernet, Broughton revealed: "Roy knew when he signed up from Fulham that we were in the process of finding new owners, it was not a surprise to him. He was fully reconciled with the possibility there would be an ownership chance and the risk involved with that.
"But Roy is self confident and was, when he signed up, confident he was capable of doing the job at Liverpool. With that in mind provisions were made in Roy's contract to relate specifically to any change in ownership."
The 'break clause' in Hodgson's contract was revealed by ESPNsoccernet this week, although even then there were no hints that a change in manager was being planned immediately.
"I suggested that the clause relates to Hodgson being paid a full year's salary within 28 days should the new owners want to bring in their own manager," Broughton commented: "I don't have Roy's contract in front of me, so I can't comment on that, but it is something like that in his contract.
"But he came to the club knowing full well the circumstances and the risks attached to it."
Hodgson will have to prove himself to the new owners. Broughton added: "I would full expect Roy to continue as manager and there has been no indication to me to suggest otherwise. However, as we all know, at the end of the day, everything depends on results."
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