Liverpool have confirmed the appointment of Andy Hughes as their new chief financial officer.
Hughes will manage the Premier League club's monetary operations, joining their senior management staff after previously holding positions at Hilton Hotels, Ernst and Young and Guoman and Thistle Hotels.
"I am very proud to join Liverpool Football Club - a brand that is recognised all over the world," Hughes told the club's official website.
"It's an exciting time to be joining and there is real opportunity to further develop the club's financial operations."
Liverpool have spent large sums on players in the past few years, and their intentions to submit plans to expand Anfield before the start of next season were revealed earlier this month.
Managing director Ian Ayre had previously stated Liverpool's desire to expand as a business and as a renewed force in European football.
And Ayre believes Hughes' experience will be vital to the club's growth in the coming years.
"Our financial operations are a crucial part of the club's business," he said.
"As we continue with our growth it is essential that we have the right experience in these key positions. Andy has a long track record of delivering successful results in a variety of challenging roles.
"He will be responsible for all of the club's financial management and I am delighted to announce this appointment."