 In the fallout of the Liverpool FC takeover by the American consortium run by Hicks and Gillett, Parry's role as CEO was questioned by some sections of Liverpool support who considered that the club was not aggressive enough in the transfer market nor transparent enough in its support of the manager Rafa Benitez (even though Parry played a pivotal role employing Benitez as Liverpool manager).As fans' high expectations for success continued to fail to be realised, his role at the club came under close scrutiny.On 25 February 2009 it was announced that he would be leaving Liverpool Football Club at the end of the 2008-09 season.