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Loading ...Liverpool chief executive Rick Parry has made it clear that construction work on the new Stanley Park stadium will continue only once the economic downturn has passed.
Work on the new ground had already begun, but with financial experts predicting that the credit crunch could last up to two years, its completion remains a distant dream for Liverpool fans.
Rick Parry also dismissed reports that Liverpool could arrange to groundshare with rivals Everton, who are also in the process of building a new stadium in Kirkby.
The BBC reported Rick Parry’s quotes below. The link to the full article is below the excerpt.
“It is a case of a delay while things settle down. It’s still a good long-term project.
“With the financial markets in turmoil, any major construction project at this time is difficult, it is risky.”
“I do not see any change in direction or any change in plans, and ground share is not back on the agenda,” he added.
“The point is, at this moment it is not the most sensible time to be borrowing huge amounts of money with the markets in turmoil. That will settle down and availability of money will increase.
“The project makes long-term sense, it is the supply of money that is an issue – that will correct itself in time.”
Source & Full Article: BBC Sport
See also:
Anfield on sportingsights.com
Liverpool FC
New stadium page at Liverpool FC
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