The current financial climate is continuing to delay work on Liverpool’s proposed new 60,000 seater stadium, the club’s managing director Christian Purslow confirmed today.
The club’s co-owners Tom Hicks and George Gillett have faced heavy criticism after promising work would start straight away following their takeover of the club in February 2007.
But almost a decade after plans were first announced to build the new stadium on Stanley Park, just yards from the current Anfield stadium, there is yet a “spade in the ground”.
“Construction on the stadium will begin when the current contraction in the banking industry ends and the global financial markets re-establish their equilibrium,” said Purslow.
“The centerpiece is to deliver a world-class football ground that everyone can be proud of, a new home for the club with a stadium of at least 60,000 seats, giving the best possible match experience.”
Liverpool risk being left behind financially from the revenue made by rival clubs due to their higher capacity stadiums.
Manchester United can now hold over 76,000 fans in Old Trafford whilst Arsenal’s Emirates Stadium holds 60,000 supporters.