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DECEMBER 24
Stanley
Park delay
concerns sponsor
By Tim Rich - The irish Times
Carlsberg, Liverpool's biggest sponsor, has criticised
the club's owners, Tom Hicks and George Gillett, for delays in building
their new stadium and said it is an open secret the club is still up for
sale.
Keld Strudahl, Carlsberg's international marketing director, said:
"While we have a good relationship with Tom Hicks, we are naturally
unhappy that the planned new stadium has been postponed. That cannot be
good for Liverpool as a long-term business."
Work on a new stadium at Stanley Park, which began in June, has been put
on hold because of the spiralling cost of finance. The club has denied
reports that it is considering redeveloping Anfield or sharing the new
ground with Everton and Hicks argues that while investment in the
stadium has been postponed, he and Gillett have funded the purchase of
both the €28 million Fernando Torres and €21.5 million Robbie Keane.
Carlsberg who have sponsored Liverpool for 16 years, said it would be
happy doing business with Dubai International Capital - the investment
arm of the Dubai government - should it still be interested in a
takeover. "We want the owners to say whether they intend to keep the
club," he added.
Strudahl said because of the credit crunch only an organisation such as
DIC could afford to buy a Premier League club. Its attempts to buy out
Hicks and Gillett were thwarted by the former's reluctance to
countenance any sale, although Gillett is willing to sell his 50 per
cent stake in the club.
"If DIC become the new owners, I cannot foresee any problems working
with them," he added. "We had a good dialogue with them before Hicks and
Gillett. As the main sponsor, we saw their business plan and it looked
good.
"DIC is as big a player in a potential Liverpool takeover as previously
believed. You shouldn't underestimate the impact the credit crunch has
had on clubs. At the moment there are not a whole lot of investors
interested in buying Premier League clubs."
Strudahl feels Hicks and Gillett might be interested in selling
Liverpool if the offer is right. "That Liverpool is for sale is a badly
kept secret but nobody has the money to invest right now. The only
people who can invest are those not interested in making a profit."
However Carlsberg said they will renegotiate their shirt sponsorship
deal with Liverpool, worth €7.7 million a season, which expires in 2010,
in the summer.
NOVEMBER 16
Benitez: Liverpool Everton
shared stadium would be wrong
Liverpool Daily Post
Rafa Benitez has dismissed claims that a shared
stadium could work.
Deal maker Keith Harris has backed calls for Liverpool and Everton to
share a ground this week but the Reds boss believes it would not be
right for either club or their fans.
Those in favour of sharing often cite the fact Milan giants AC and Inter
share the San Siro but Benitez is adamant replicating that on Merseyside
is not the answer.
“I don’t think it would work,” he said.
“If you think of the pitch, you could not have three or four games on
the same pitch in a little over one week.
“Often we play two games a week, so if that happened and Everton had two
games as well it would be a massive problem.
“I think both sets of fans would prefer to have their own stadiums.
“For me it is not working in Milan anyway.
“We do not have all the details but if you think of us playing in the
Champions League on a Tuesday or a Wednesday and then Everton playing in
the UEFA Cup on Thursday, like has happened this season, and then there
is a league game in the same ground at the weekend – it would be too
much.”
Benitez insists both clubs are big enough to have their own stadium
rather than bring more than 100 years of separate identities to an end.
“It would be better to have our own stadium,” he added.
OCTOBER 13
Liverpool
FC slam stadium stories
By Tony Barrett - Liverpool Echo
Liverpool today slammed speculation suggesting they
are considering ditching plans to build a new stadium.
A Sunday newspaper report claimed the club has hired architects to look
at the possibility of redeveloping Anfield instead of going ahead with
their proposals to construct a new ground on nearby Stanley Park.
But senior club officials dismissed the story out of hand, insisting it
is without any foundation.
A club spokesman told the ECHO: “The story is completely wrong.
“No-one has been asked to look at increasing the capacity of Anfield
with a view to us staying at the present ground.
“Global market conditions may have delayed the project, but the club
remains committed to building a new world class LFC stadium on the site
in Stanley Park.”
Tom Hicks and George Gillett recently announced that the Stanley Park
plans have been delayed for another year because of the credit crunch,
leaving many Liverpool fans deeply unhappy at what they see as another
broken promise by the club’s American owners.
But the club remains adamant that the Stanley Park option is the only
one being pursued, despite the fact that economic conditions are likely
to worsen as the effects of the credit crunch intensify on both sides of
the Atlantic.
OCTOBER 5
Reds
stadium delayed by credit crisis
TEAMtalk
Chief executive Rick Parry insists the Liverpool's new
stadium will still be built - but only after the current financial
turmoil stabilises.
Parry also made it clear that the club's opposition to ground sharing
with Everton has not changed.
And he revealed that attempts to buy the club have "gone very quiet".
Work on the Stanley Park project has come to a halt following a decision
to delay the building, maybe for a year, because of the credit squeeze.
Parry told BBC Five Live's Sportsweek: "Ground share is not being
considered. With the financial markets in the turmoil as they are, any
major construction project at this time is difficult, it is risky.
"It is a case of a delay while things settle down, it is still a very,
very good long term project. The economics of it still make underlying
sense.
"I do not see any change in direction or any change in plans, and ground
share is not back on the agenda.
"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."
The ownership of the club is also unlikely to change at present, said
Parry.
He said: "It has gone quiet and everyone is delighted. The focus at
Liverpool should only ever be on football.
"All is relatively stable, I am not aware of anything that is happening
regarding the sale of the club at this moment. My focus is on day-to-day
things and making sure we deliver.
"I am not sure of anything going on, it is a question best directed to
the owners. As far as I am concerned we are focusing on things that we
can control.
"We are trying to do the very best to produce a team that performs on
the pitch."
OCTOBER 1
Gillett and Hicks
deny stadium claim
By David Prentice - Liverpool Echo
Liverpool's American owners today denied claims that
the company contracted to the club's new stadium has been stood down.
But fears persist that the project may now be held up for more than
year.
Rumours surfaced yesterday that builders Laing O'Rourke and other
companies involved in the building of the Reds new stadium had been
ordered to down tools.
But Jonathan Brill, London-based spokesman for Kop Football Ltd which
represents Liverpool owners Tom Hicks and George Gillett, insisted this
is not the case.
He said: "Laing O'Rourke are still very much part of the team here.
"Obviously because of the delay in the stadium there may not be as much
work at present.
“But we can categorically say they have not been stood down and are
still part of our team."
The start of basic ‘enabling works’ on the new stadium were announced
with a loud fanfare this summer, and began on June 23.
But only last month the club confirmed a "short term" delay in the
project.
The problem was believed to be a lack of funds due in part to the
American economic downturn and credit crunch climate.
Hicks and Gillett have until January to seek and secure a refinancing
package on the £350m they took out, but until then appear to have run
out funds to continue work on the stadium.
Laing O'Rourke chiefs have come to believe construction of the £350m
stadium will not start until the end of 2009 at the earliest.
A source said to be close to the project was quoted earlier this month
in the building trade magazine Contract Journal, saying: "The earliest
date the contractors are looking at starting on the stadium is late next
year - if it happens at all.
"The bottom line is that the club has no money.”
SEPTEMBER 30
Liverpool FC and Everton won't
share a stadium, warns Rick Parry
Liverpool Daily Post
Rick Parry today rejected claims from council leader
Warren Bradley that Liverpool's attitude towards a shared stadium is
"softening".
In an interview with a Sunday newspaper at the weekend, Cllr Bradley
spoke of his hope that the two clubs will eventually come together and
build "a Wembley of the North".
Citing the failure of both Liverpool and Everton to realise their
ambitions to build much longed-for new stadiums of their own and the
ongoing effects of the credit crunch, Cllr Bradley insisted the time has
come to stop "dancing around the elephant in the room" and consider
sharing.
But Reds chief executive Parry insists there has been no softening of
Liverpool's official stance and remains adamant that only if the fans
want it would a shared stadium even be considered.
He said: "There has been no change in attitude in any way, shape or form
because there has been no change in our supporters' attitude.
"This is the nub of the argument – that this is not what the fans want."
Cllr Bradley argued: "Everton and Liverpool are both playing in stadia a
hundred years on. It is time to move forward.
"The best thing is for each club to have their own ground and remain in
the city. But if that isn't feasible because of the credit crunch,
something must happen.
"We all dance around the elephant in the room and if neither club has a
new stadia in 15 years time, people will ask why.
"That is what I've said to both clubs and they are softening to the
views now. It's not a case of who is going to have what in a new
stadium.
You could have a Liverpool village where Anfield is now, an Everton
village where Goodison is and a stadium that is the Wembley of the
north.
"We have the Olympics coming up in London in 2012 and a World Cup bid
for 2018. It is common sense that Liverpool as a city could be at the
heart of it."
Liverpool's owners Tom Hicks and George Gillett have both gone on the
record about their opposition to sharing a stadium and it would take a
U-turn of monumental proportions for the American duo even to consider
it.
Their focus at present is more likely to be on the ongoing crisis in the
US and global banking system which shows no sign of letting up.
Yesterday, the banking operation American investment corporation
Wachovia – which allowed Hicks and Gillett to borrow the cash down
payment they needed to secure a refinancing package with the Royal Bank
of Scotland last February – was bought out by Citigroup.
Wachovia had been on the brink of collapse but their liabilities and
assets will now pass into the hands of Citigroup, which paid $2.2bn
dollars to complete the deal.
RBS itself suffered stock market losses yesterday with shares down 12.7%
at close of trading as the credit crunch continued to effect some of the
world's biggest financial institutions.
SEPTEMBER 5
Minister: We’ll back talks on shared
Everton and Liverpool stadium
By Kevin Core - Liverpool Echo
The government has offered to broker talks between
Liverpool FC and Everton FC about building a shared stadium.
Sport secretary Andy Burnham MP, a lifelong Evertonian, made the pledge
to mediate discussions while visiting young footballers in the city
yesterday.
He spoke out after Liverpool’s announcement of a significant delay in
its stadium plans for Stanley Park and the decision to hold a
time-consuming public inquiry into Everton’s relocation to Kirkby.
Both Liverpool and Everton say a shared stadium is not on their agenda.
Mr Burnham said: “Obviously the situation has changed for both clubs,
but it is for them to decide what represents the best way forward.
“Whatever they decide, the Department for Culture, Media and Sport would
be available to help facilitate discussions and help the clubs explore
the various routes.
“Obviously it is a continually moving situation and it is not right for
me to express my preference either way.”
The Leigh MP, who is originally from Newton-le-Willows and went to
school in St Helens, also reiterated his strong support of Share
Liverpool’s plan for Reds fans to unite and buy the Anfield club.
He said: “It is a challenge, but the long-term goal of fans who want to
buy clubs is to make them democratic and not for sale.
“In my view, that is what a football club should be and I would
definitely lend my support to that principle.”
Speaking at Anfield sport and community centre, Breckside Park, he
praised the two clubs for becoming the first Premier League sides to
collaborate in supporting the Kickz initiative.
The project gives young people in deprived areas the chance to attend
three nights of sport a week at 25 specially-designated sites.
Mr Burnham added: “Two clubs of this size working together in the
community is something you do not see every day.
“In the first year of Kickz, many players have been picked up by clubs
and . . . that is a tangible result.”
AUGUST 29
Fans vent
fury over stadium plans
TEAMtalk
Liverpool fans' groups have launched a savage attack
on the club's US owners after yet another delay to the building of their
new stadium.
Co-owners Tom Hicks and George Gillett have announced that the
£400million arena will be delayed because of the global cash crisis.
Now it has emerged the delay could be for up to a year, while there is
even more worrying suggestions that the Dubai investors who want to buy
the club may be losing interest in the whole saga.
Liverpool fans are angry and stunned by further delays to the 60,000
stadium, which Hicks and Gillett promised would be well under
construction by now when they took over the club 18 months ago.
Dr Rogan Taylor, founder of the fans' group ShareLiverpoolFC, who want
to take the club into community ownership, hit out saying: "This has not
come as a surprise. The Americans did not have any money for the
stadium.
"We have been saying this for a long time. These guys are a broken
record, they are the soap opera of Anfield Road. This just goes on and
on and is just an excuse for not starting the stadium.
"The money goes up every time. Three years ago it was £150million, now
it is £350-£400million. And now they are talking about "re-visiting" the
capacity issue.
"But that was the original reason for the delay 18 months ago, these
guys are not in a position to make a long-term investment of the kind
required for a stadium.
"If there is no funding in place by spring, then European and NW
development grants will be lost indefinitely for the re-generation of
the area.
"This is about the owners breaking our trust over and over again. They
do not have the confidence of anybody in the city, or the wherewithal.
"A new stadium is essential to the business structure of a modern, great
club.
"Just compare the matchday 'take' at Arsenal's new Emirates Stadium or
the money taken by Manchester United at Old Trafford. They pull in
around three times what Liverpool manage for each match.
"If you add that up, 20 games a season, and those clubs are getting
£50million more than us each season simply by playing in a bigger
stadium.
"You cannot keep up with them in these circumstances. The problem is the
debt our owners carry, there is not really a significant problem in
raising money to build a stadium if they did not have a major debt on
their backs.
"If they did not have that, raising this money is not a problem. You can
get half of that up front with naming rights for the stadium and
executive boxes for 10 years.
"I am embarrassed by what is going on at my club, certainly since the
Americans' takeover.
"There are about a dozen clubs worldwide who have this genuine
combination of local and global strength. But it is a dangerous
situation.
"This club is more vulnerable now than it has been in my entire 47 years
of watching the club. It is a house of cards and a puff of wind can blow
it over.
"Liverpool is a sub-prime loan by the Royal Bank of Scotland, and if we
do not do something about this everything can go away."
The Spirit of Shankly fans group, dedicated to removing the Americans
from the club, are also angry.
Spokesman Jay McKenna said: "It is our firm belief that the owners have
neither the resources nor the intention to deliver this project, and are
using the current economic climate as a subterfuge while they attempt to
drive the potential sale value of the football club up.
"The owners have no money, no credibility and no dignity, and are not
fit custodians of the club.
"We demand their immediate resignation and the sale of the club to fit
and proper owners."
Waiting in the wings are a Dubai consortium led by the oil state's ruler
Sheikh Mohammed bin Rashid Al Maktoum.
They maintain they still have the money to buy out the Americans and
that a deal is still on the table.
But sources suggest that their patience will not last forever. They have
the money to build a stadium, but the spiralling cost has become an
annoyance as the ownership saga has dragged on all year.
Liverpool have not signed the lease for Stanley Park with Liverpool City
Council but deny this is anything more than a legal issue.
A spokesman said: "The contract will be signed when the planning
requirements have been met."
A club statement read: "Our commitment to building a new world-class
Liverpool Football Club stadium is undiminished.
"Like many other major development projects in the UK and overseas we
are affected by global market conditions and, as such, work on the
project will be delayed in the short term.
"We will use this period productively and revisit the plans for the
stadium to increase its capacity to 73,000 seats."
AUGUST 29
Liverpool FC announce
new stadium delays
Daily Post
Liverpool FC have announced plans for a new stadium
have been delayed again.
The club made a statement on their website this morning.
The new ground in Stanley Park is expected to coast around £400m.
Today's news comes as little surprise to some as their has been talk the
club is struggling to raise cash.
The credit crunch is being blamed for the delay even though work has
started.
The club statement said: "Our commitment to building a new world-class
LFC stadium is undiminished. Like many other major development projects
in the UK and overseas we are affected by global market conditions and
as such work on the project will be delayed in the short term.
"We will use this period productively and revisit the plans for the
stadium to increase its capacity to 73,000 seats."
Only yesterday it was revealed that EU grants to fund re-generation of
the Anfield area had been withdrawn.
The cash, around £5million, is not a huge amount of the great scheme of
things at Anfield, but it was a significant blow to the credibility of
the Americans’ plans.
The money had been earmarked by the European Regional Development Fund
for a community partnership centre as part of the new stadium.
But the timescale involved meant the money had to be re-allocated last
November and the stadium centre will now have to be fully funded by
Liverpool FC.
The £5million will now be spent on four community centres in north
Liverpool.
It is also believed that the club have yet to officially sign the lease
from the council for the Stanley Park site, and contractors have also
yet to sign formal agreements.
It is now possible that north-west regional development grants may not
be paid to the club. Meetings with Liverpool City Council recently also
failed to confirm when building work would start.
Today’s announcement will only add fuel to the claims that Liverpool’s
owners are unable to fund the work, and re-ignite suggestions they may
have to sell the club.
AUGUST 29
ECHO comment:
Liverpool fans deserve truth
Liverpool Echo
Today’s news that plans for the new Liverpool FC
stadium are to go on hold is just the latest in a series of hammer blows
for Reds fans.
Unsurprisingly, it is claimed it is just a ‘short-term’ delay.
But many supporters, and even experienced analysts, will suspect it is,
in truth, a clear indication that controversial American owners Tom
Hicks and George Gillett simply don’t have the financial clout to build
it at all.
They have already piled their own personal debts – including a crushing
£30m annual interest bill – onto the club and, in turn, its supporters.
Today’s news is bound to lead to renewed calls for them to go.
Particularly if they do not have the money or the methods to take one of
the world’s greatest football clubs forward.
Who can blame the overwhelming majority of fans for wanting rid of them?
And fast.
It’s well known Sheikh Mohammed Bin Rashid Al Maktoum of Dubai, the
world’s fifth-richest man, remains keen to buy the club from them.
Everyone who has Liverpool FC’s best interest at heart surely now feels
that is the best option.
This week, ordinary fans joined Liverpool legends Phil Thompson, John
Barnes and John Aldridge and academic expert Dr Rogan Taylor at a public
meeting called by Share Liverpool FC and the Spirit of Shankly group to
demand the Americans leave.
Liverpool has had enough.
If today’s news really does mean the owners can’t give Kopites the
stadium they deserve and dream of, then why not just admit it?
Then the club – and all concerned with it – can move on.
JULY 1
New blow for
LFC stadium
as NWDA witholds £9m
By David Bartlett - Liverpool Daily Post
The Northwest Development Agency has refused to hand
over a £9m grant for Liverpool FC’s new stadium project until the club
proves it has got the money for the £350m scheme.
Steve Broomhead, chief executive of the NWDA, spoke to Kop Holdings –
the owners of LFC – yesterday over the funding of the stadium.
The agency had previously agreed to provide a £9m grant for the scheme
which includes regenerating the park and a community partnership centre.
While Mr Broomhead made clear the money is still available, the agency
will not hand it over until “detailed evidence” that funding is in place
to complete the project.
The revelation came as it emerged LFC co-owner Tom Hicks had agreed an
unrelated $3.2bn (£1.6bn) deal with a plastic container company in the
USA.
The Texan is understood to be keen for Liverpool fans to see that he
still has the clout to pull off big financial packages, despite the
credit crunch.
Last week, the club started preparatory enabling works on its
60,000-capacity stadium on Stanley Park.
The stadium will incorporate a club shop, conference and banqueting
facilities, and parking for almost 1,000 vehicles.
Its design is ultimately capable of accommodating up to 73,000
spectators subject to further planning permission.
In January, the club’s owners refinanced the debt they took on when
buying the club in 2007 in a £350m deal. It is understood that, included
in that deal, was £60m to get work started on the stadium.
The Daily Post also understands that sum would be enough to cover costs
of the build until around the end of the current year.
Last night, a club source said: “We are not planning on having the long
term funding in place until the end of this year.
“We have sufficient funds currently to take us through the early stages
of the project.”
Mr Broomhead said: “The NWDA is engaged in positive, on-going
discussions with Liverpool Football Club regarding our investment in the
regeneration aspects of the new Anfield development. The NWDA’s grant
has always been dependent upon the club demonstrating that funding for
the new stadium has been fully secured and we are currently awaiting
detailed evidence that this is in place.
“Until this time, the agency will retain its £9m investment towards the
project, but we remain optimistic about the outcome and are committed to
working closely with Liverpool FC and other partners to bring the
development and the regeneration of North Liverpool forward.”
JUNE 24
Enabling works start on new LFC stadium
LFC Official Website
Liverpool City Council granted full planning
permission on
June 19 to Liverpool Football Club to build a 60,000 seater stadium and
outline planning permission for a mixed use development on the existing
Anfield stadium site.
The stadium will incorporate a club shop, conference and banqueting
facilities, parking for almost 1,000 vehicles and a Community
Partnership centre. Its design is ultimately capable of accommodating up
to 73,000 people subject to further planning permission.
LFC has instructed Laing O'Rourke to commence enabling works under a
licence issued by the Liverpool City Council. Works started on June 23.
Co-chairman George Gillett said: "This is a significant milestone for
the club and I am delighted that the design received full planning
consent and that we are now on site.
"We have been working very hard over the last six months to move the
details of the design along but this is the first tangible evidence for
fans that a New LFC Stadium will be built.
"The stadium design is unique and will be recognised across the world as
the Liverpool FC Stadium. It incorporates a Kop stand that will hold
18,000 fans and we hope that the stadium will be as noisy and
atmospheric on a matchday as Anfield."
Co-chairman Tom Hicks added: "We recognise the importance of a new LFC
Stadium as part of the wider regeneration of the local area.
"We have watched the council transform Stanley Park over the last six
months and the ongoing refurbishment of houses in the Anfield/
Breckfield area. I am pleased that now the club has received full
planning permission it can join the regeneration process with the
commencement of enabling works."
The stadium is on programme to open for the beginning of the 2011-12
season.
JUNE 23
Liverpool FC owners' £100m credit crunch
By David Prentice - Liverpool Echo
Liverpool’s American owners are facing a major credit
crunch backlash over stalled plans to build a new stadium for the Reds.
Tom Hicks and George Gillett may need to put in as much as £100m of
their own money if they want to borrow a further £200m.
And that casts massive doubt over their ability to go ahead with the
ambition of building the 70,000 seat-plus super stadium, designed by
Dallas based architects HKS and rolled out amid a fanfare of publicity
last year.
Given the global credit crunch, banks are no longer prepared to allow
100 per cent borrowings and are currently asking for at least one third
of the amount needed for major projects to be put up front by would-be
borrowers.
Hicks and Gillett bought Liverpool for £220m in February last year -
most of it with borrowed cash - and have since refinanced their original
loans with a further £350m loan deal, which leaves the club responsible
for annual interest payments of around £39m a year.
The Americans, who have become estranged and embittered over recent
months, are now on speaking terms again following Gillett’s admission on
Friday that they needed to set aside their communications differences
for the sake of the club.
But the worldwide clampdown on lending means they would still face huge
problems raising the deposit now needed for what is effectively a
mortgage to build a new Anfield.
The Dubaian government, headed by Sheik Mohammed al Rashid bin Maktoum,
remain keen to buy out the Americans. And, as a sovereign wealth fund,
it is claimed that unlike the Americans would to some degree be
protected from the interest rates and pressures exerted by banks over
private investors.
MAY 15
New doubt
over Liverpool stadium
By Paul Walker - PA Sport
Fresh doubts have been raised over Liverpool co-owner
Tom Hicks' ability to fund the club's proposed new home in Stanley Park
following a shock decision to delay the building of
a stadium in Texas.
Hicks has admitted he has been unable to secure financing for the
Glorypark mixed-use development in Arlington, Texas that was scheduled
to open in March 2010.
The $500million venture has been put on hold because of the credit
squeeze and troubled retail market.
Hicks said in an interview with the Dallas Morning News: "We are in the
most difficult credit crunch I have seen the last 20 years."
That revelation will give more hope to prospective buyers of Liverpool,
Dubai International Capital, who have long believed Hicks - and his
estranged co-owner George Gillett - have found it virtually impossible
to raise further loans to facilitate the move from Anfield.
It is believed Hicks must find funding over the next few months to build
the club's new £350million stadium.
But if his Hicks Holdings group have been unable to find the cash in the
current market for their Arlington plans, critics in the UK will wonder
how the money for the move will be raised in the current financial
climate.
Hicks' announcement over the Arlington stadium comes a week after a
Dallas hotel project in which he is also involved was delayed.
Construction was scheduled to start this spring on the Glorypark project
adjacent to the Texas Rangers Ballpark in Arlington, and close to the
Dallas Cowboys new 1.1 billion dollar stadium.
Hicks owns the Rangers baseball club as well as the Dallas Stars ice
hockey team.
The completion of Glorypark, which would have included restaurants,
retail, residential and office space, had been delayed at least twice
previously.
Last week, Liverpool gained their third planning permission for the
revised Stanley Park scheme.
Hicks said at the weekend: "Site work will start in September and actual
construction in late October/early November, with completion in time for
the season starting in August 2011."
Some money, around £60million, was set aside from the January
re-financing of Hicks and Gillett's loans to buy Liverpool, to allow the
stadium work to start.
But it is believed Hicks has been unsuccessful in raising further loans
from the London and US financial markets in recent weeks.
DIC believe the financial pressures on Hicks will eventually lead to his
return to the negotiating table after he pulled the plug on a planned
buyout earlier in the year.
The impasse with Gillett is no nearer a solution.
But Gillett, having made it clear he will not sell his 50% stake in the
club to his partner, significantly flew to London last week for informal
talks with DIC.
It has emerged that are unlikely to test the validity in court of Hicks'
veto over any move by Gillett to sell his stake. Problems over certain
clauses in the original contracts have arisen which make such a move
difficult.
However, few observers now expect the troubled ownership of Liverpool to
be resolved this summer, with the saga likely to drag on into the
autumn.
Under the current proposals, the stadium work should have started by
then.
MAY 6
Liverpool
FC's new stadium approved
By David Bartlett - Liverpool Daily Post
Liverpool FC’s third stadium plan was approved today.
Councillors gave the go-ahead to the £350m proposal for a 60,000-seater
ground in Stanley Park at Liverpool town hall.
It is the third time in five years the council has backed a stadium
scheme from the Reds, but it is still unclear when work will start.
The club’s American owners Tom Hicks and George Gillett ordered a
massive redesign of the original proposal when they took over last year
and their plan was approved last summer.
But it was shelved and redrawn a second time by Dallas-based architects
HKS earlier this year when the tycoons decided it was too expensive.
Today, the council’s planning committee backed a scheme showing a number
of crucial changes, notably a smaller underground car park beneath the
stadium and a reduced height.
APRIL 25
Third time
lucky for
new Liverpool FC stadium?
By Nick Coligan - Liverpool Echo
Liverpool FC’s third stadium plan is set to get the
go-ahead
next week.
City planners have recommended the £350m proposal for a 60,000-seater
ground is approved by councillors..
However, progress on the stadium is likely to remain in doubt as long as
the ownership stand-off continues.
Liverpool’s original building plan for Stanley Park was backed by the
council as far back as 2004.
American owners Tom Hicks and George Gillett ordered a massive redesign
when they took over the club last year and their plan was approved last
summer.
But it was shelved and redrawn a second time by Dallas-based architects
HKS earlier this year when the tycoons decided it was too expensive.
MARCH 16
Liverpool
FC stadium:
Club looks for quick decision
Liverpool Daily Post
Liverpool FC’s third stadium design is now being
scrutinised
by town hall planners.
The proposal, revealed by the Liverpool Daily Post in January, was drawn
up by Dallas-based architects HKS after the club’s American owners
decided the previous idea was too expensive.
Because of a technicality, the Reds were allowed to submit an amended
version of their second planning application, which was approved by
councillors late last year.
In theory, it should take council officials less time to assess than an
entirely new document, speeding up the planning process.
But no date has yet been set for the planning committee to meet and
discuss the proposal for a 60,000-seater stadium at Stanley Park.
Liverpool are confident the scheme will be backed by councillors, as the
previous two ideas were both given the green light.
A council spokesman said: “An amended application has been submitted
because the decision notice from the previous one had not been
formalised.”
Community leaders today called on city bosses to demand Liverpool draw
up a full planning application.
Liberal councillor Steve Radford, who has campaigned for years against
the principle of letting the club build on Stanley Park, said: “I
believe it is unacceptable that this scheme is treated as an amended
application.
“I am concerned we will not see the same level of consultation as we did
previously.”
But the council today insisted more than 11,500 households would be
asked for their views on the stadium proposal over a three-week period.
A spokesman also said objections raised when the previous plan was
approved by councillors would be passed onto the planning committee
again when it eventually meets.
The new design incorporates the 18,500-capacity stand-alone Kop, which
Mr Hicks had insisted was crucial to his plans.
There is also room for extra seats to be added at a later date, although
this would need council approval.
JANUARY 25
Reds
appoint American architects
Ananova
Liverpool have announced that Dallas-based architects
HKS have won the battle to build the club's new £300million Stanley Park
stadium.
HKS produced the original designs for the 71,000-capacity arena which
were rejected by co-owners Tom Hicks and George Gillett late last year
when they ran £50million over budget, but after revising those plans -
and beating off Manchester-based AFL's rival bid - the American company
will get the contract for the new ground.
Hicks told www.liverpoolfc.tv: "HKS has developed a more efficient
design that, at the same time, is just as stunning as its original
design."
He added: "Liverpool supporters should have high expectations for the
future: a premier sporting experience at their new stadium at Stanley
Park and a winning club on the pitch for years to come."
Hicks, Gillett and chief executive Rick Parry met in New York earlier
this month to study both new designs.
AFL produced the plans originally agreed before the American duo took
over the club. They were dropped by Hicks and Gillett and they have
again found their revised scheme rejected.
The announcement on Friday over the stadium's future comes ahead of
confirmation that the refinancing of the club owners' loan deal has also
been agreed.
The refinancing will mean the American duo have a firm stranglehold on
the club, despite opposition from fans' groups, and they are likely to
sanction the permanent transfer of on-loan Javier Mascherano as soon as
the £9million transfer of Mohamed Sissoko to Juventus has been agreed.
Hicks and Gillett are trying to re-establish their fractured
relationship with the Anfield support and, by allowing manager Rafael
Benitez the funds to buy £17million-rated Mascherano they are also
intimating the Spaniard has a long-term future at the club.
However, that situation will not be clear until the summer when this
season's performance will be assessed. A top-four position is crucial,
plus a decent FA Cup run.
JANUARY 8
No inquiry
for Reds' new stadium
BBC Sport Online
Liverpool Football Club's proposed new stadium has
moved a step closer with a government announcement that there will not
be an inquiry into the plans.
The secretary of state Hazel Blears has decided after considering the
£400m plans and objections to Stanley Park stadium, there is no need to
intervene.
She said she was satisfied that the final decision should be made on a
local basis.
This means that the club will wait for permission from city council
planners.
Some local residents and councillors objected, calling it a "monstrous"
development that was too big for the area.
The new £400m stadium will house 114 executive boxes, twice the number
in the original design, and is planned to regenerate public land which
stands between Anfield and Everton's ground, Goodison Park.
The latest plans for the 60,000-seater stadium include improved leisure
and retail facilities.
The Reds' current home will be redeveloped as a car park, sports centre
and hotel.
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