icLiverpool - Casino cash for stadium
icLiverpool logo
icLiverpool Liverpool Echo Liverpool Daily Post LDP Business Homes Fish4 Jobs Liverpool Motors Dating
Search icLiverpool for:


Casino cash for stadium

Feb 16 2005

By Bill Gleeson, Daily Post

 

CASINO operator Las Vegas Sands could contribute up to £75m towards the cost of a shared stadium for Everton and Liverpool football clubs.

According to Everton co-owner Paul Gregg, the US-based gaming group is considering a plan to part finance a new home for Merseyside's big two if it forms part of a development that includes a supercasino.

Referring to an estimated £100m cost of a new stadium, Mr Gregg said: "A casino group has offered to pay three quarters of that."

He then added that it was Sands, the owner of The Venetian in Las Vegas.

Sands has already agreed deals with both Glasgow Rangers and Sheffied United to build supercasinos at their grounds, pending approval from the Government. Sands is also in talks with Birmingham City.

A spokesman for the casino group said: "Las Vegas Sands is in discussions with lots of Premier League football clubs, but there is nothing going to be announced imminently."

Mr Gregg made the revelation that he has been in preliminary talks with Sands as he called on Liverpool City Council and both clubs to look again at the possibility of sharing a stadium.

Mr Gregg believes Liverpool should abandon its plan to build its own stadium at Stanley Park on the grounds that doing so would save money that could then be invested in its squad instead.

Mr Gregg said: "The Stanley Park scheme only ever came out of the Kings Dock plan for Everton. But Kings Dock has failed.

"The city council and the Northwest Development Agency should now be reviewing the options for both clubs.

"If both boards were being totally honest, they would admit that they want to provide for the fans' ambitions on the pitch.

"Liverpool, who have had money to spend on the team have not done well enough and Everton, should they get in the Champions League, will have to see how they finance the club next season. Both need money for their squads and the situation is therefore shouting out for both clubs to share."

Mr Gregg says that the Liverpool City Council should go back to square one when thinking about the stadium requirements.

"Surely there should be public backing from the council for the shared stadium. Neither of the clubs can afford the capital costs on their own."

 

Top Top | Back Back |

E-mail to a friend | Printable version

 
HAVE your say on our Reds Messageboard - click here


 

Copyright and Trade Mark Notice
© 2012 owned by or licensed to Trinity Mirror North West & North Wales Limited.
icLiverpool™ is a trade mark of Trinity Mirror North West & North Wales Limited.
Please read our Terms and Conditions and Privacy Statement before using this site.
 

Find your new job:
 
 
  e.g. secretary

 

Another Red Letter Day
Luke Traynor has been following Liverpool for the past 30 years. Here he reflects on the highs and lows of the current Anfield order. click here

Liverpool FC Forum WE'RE pleased to announce the launch of our new Liverpool FC fans' forum click here

Free money-off coupons
Save money on name brand products with our printable money-off coupons - here

RSS  RSS News Feed
(what's this?)