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Stadium issue top of agenda

Feb 23 2006

By Chris Bascombe, Liverpool Echo

 

David Moores

LIVERPOOL shareholders will be told tonight the club remains confident plans for a new stadium on Stanley Park will go ahead.

The club's annual general meeting takes place at Anfield with the Liverpool board sure to be pressed on their ongoing pursuit of multi-million pound investment.

No major announcements will be made at what is expected to be a low key meeting.

However, chief executive Rick Parry will confirm the Reds are cautiously optimistic they're closing in a significant deal which will ensure the Stanley Park project goes ahead.

"Nothing will be announced tonight," Parry said today.

"In terms of investment news, it will be fairly low key.

"There is still a lot of hard work going on and I can assure everyone noone is dragging their feet over this.

"It would have been nice to be able to make an announcement before the AGM, but nothing is finalised yet."

Liverpool have been in negotiations with several parties over recent months as they seek to secure stadium sponsor-ship contracts which are the key to the go-ahead of their plans.

"The search for investment and plan for the new stadium are very much linked," explained Parry.

"It's fair to say all the parties we are talking to recognise the importance of the stadium and it's something we are still committed to.

"We're cautiously optimistic it will happen."

Manager Rafa Benitez will also address shareholders, providing his progress report following an extraordinary debut season in English football.

 

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