Powered by Google

Stanley Park lease fear for Liverpool FC

Stanley Park

LIVERPOOL FC’s  financial position was  last night compared to  a house of cards that could be blown over by a gust of wind, by a  football expert and fan  of the club.

Dr Rogan Taylor, who  founded the fans’ group  ShareLiverpoolFC and  heads Liverpool  University’s Football  Research Unit, was  leading outrage at the  latest stadium delay.

“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,”  he said.

“I am embarrassed by  what is going on at my  club, certainly since  the Americans’  takeover.

“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 £150m, now it is £350m-£400m. 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.

“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 £50m more than us each season simply by playing in a bigger stadium.

“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.”

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.”

Business editor Bill Gleeson's verdict > > >

Share