LIVERPOOL Football Club is falling behind other leading Premiership clubs because of delays over building its new stadium at Stanley Park, directors were warned last night.
Shareholders at the club's annual meeting held at Anfield were told it would take another four years for a stadium to be built, even if work started on it today.
That is double the amount of time that was previously given by the club.
The board of directors told shareholders that "progress was being made" on talks with un-named investors about the projected £160m stadium.
But they said further information could not be given for commercial reasons.
Shareholder Steve Morgan warned there was great urgency to get the 60,000-seater stadium built, both to compete on status with comparable Premiership sides, and to improve Liverpool FC's finances.
The property magnate told the meeting: "Manchester United takes well over double what we take on match day, and we need the cash in from gate receipts to match Man Utd and Arsenal with its new stadium from next season.
"We've been after this investment for two-and-a-half years and we need to get it sorted out."
Article
HAVE your say on our Reds Messageboard - click