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Tom Hicks insists new Anfield will be built, but not until financial markets recover

Sep 7 2009

by David Prentice, Liverpool Daily Post

 

Tom Hicks

LIVERPOOL co-owner Tom Hicks has vowed that the club will build a new stadium – but supporters will have to wait until the worldwide financial markets recover.

Hicks and business partner George Gillett have been unable to raise the £500million it will cost to build a new Anfield because of the worldwide credit crunch.

Hicks is set to pocket £450m from the imminent sale of his baseball franchise Texas Rangers, but he insists that that money cannot be used to fund a new Liverpool stadium.

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