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Liverpool Cant Guarantee Cash For New Anfield
Topic Started: Jul 27 2008, 02:47 PM (228 Views)
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Story

STAN AND DELIVER

By CHRIS BASCOMBE

LIVERPOOL’S owners have failed in their latest attempt to show they will have the money to build the £400million Stanley Park stadium.

Representatives of Anfield owners Tom Hicks and George Gillett held a key meeting with officials from the North West Development Agency.

They were told to clarify their spending plans or risk losing a £9m grant, and being hit with a further bill of £25m if they fail to build at all.

However, no details of any financial securities to pay for the arena were given by the club.

Hicks and Gillett now have two months to raise the cash or lose the NWDA grant.That will lead to fresh interest from Dubai International Capital, which is intent on buying the club.

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This is not good news for Liverpool, they owners have 2 months to guarantee the cash or they lose a sizeable grant and possibly large fines further down the line

anyone think this latest setback indicates Liverpool cant current afford to be investing big in their squad... it seems most clubs are finding it difficult atm

how precarius is Liverpool FC's (and Kop holdings) financial position?

Obviously this is only really bad news for the American owners as DIC are still going to be waiting in the wings but this could mean further delays in the progression of LFC
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turning into a shambles...
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Monu
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The Pound For Pound Number One Widely Recognised As The Greatest Of All Time
:cry:
RF18
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The welsh wizard
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Monu
Jul 27 2008, 02:02 PM
:cry:

bad news :o

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Monu
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The Pound For Pound Number One Widely Recognised As The Greatest Of All Time
Why? Why? Why??????????? :( Just another damn set-back.
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Monu
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The Pound For Pound Number One Widely Recognised As The Greatest Of All Time
I just realised this is from Chris Bascombe, pfft don't take it too seriously.
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thefieldsofanfieldroad
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“The trouble with referees is that they know the rules, but they do not know the game.”
it would not surprise me at all if they failed to make the deadline. i think the situation was there for all to sea at the beginning of the summer, with rafa having to sell before he can buy because of the financial limitations of the american toss pots.

i believe we have take a step back from last year, we may have a slightly stronger squad come the end of the transfer window but that will all be down to the wheeling and dealing of rafa and not the yanks.

they have burdened the club with more debt and theres nothing to show for it. i hope that DIC do eventually take over but theres alot of us that are sceptical about this ever happening
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5euros
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Bradley
bascombe again theres a shock,the man who came out with statements like
"liverpool to sack benitez before the end of the season"
"mascherano to leave for seire a"
"chelsea net gerrard"

idiot
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5euros
Jul 27 2008, 04:34 PM
bascombe again theres a shock,the man who came out with statements like
"liverpool to sack benitez before the end of the season"
"mascherano to leave for seire a"
"chelsea net gerrard"

idiot

those are rumours and opinion... this is news

surely you can see the difference?
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5euros
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Bradley
they wernt rumours if u read the articles,bascombe was dead sure about all 3,the blokes a drama queen
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yea it was his opinion that this was going to happen in the future... this was reporting on something that happened
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5euros
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Bradley
yeah point taken i just hate the bollox bascombe often spouts,wouldnt be a bad thing if they effed off
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flak
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It's nearly Christmas
It sounds like you can't take this guy seriously. Who is he anyway and how would he know about Liverpool's business?
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5euros
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Bradley
just ask jimmy what hes like
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TheReturnOfTheKing
Definitely NOT a Terrorist
well one thing....by time the stadium is built it looks like liverpool will be in like 1b debt....since the american and using ZERO of their own cash..and refinancing it every year
no
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