New stadium update...

[CharlieMansonsSquint]

Glad they're taking their time over this.

Make the wrong rushed decision and we're stuck with it. Think about it.

[Dero]

2 things:
Dallas-based HKS had produced the original stadium plans -err
Hicks and Gillett are no longer looking to load the debt onto the club -interesting

[dom9]

That's interesting dero.

Especially the finance bit.

[sonsofthedesert]

Wonder if the people that trusted the press with the negative stuff will take this as gospel.

[dom9]

Wonder if the people that trusted the press with the negative stuff will take this as gospel.

They will just point out the negatives in the article, or put a negative spin on it.

I just try and be objective, and laugh at the 90% of the posts on here nowadays.

[Guest]

They will just point out the negatives in the article, or put a negative spin on it.

I just try and be objective, and laugh at the 90% of the posts on here nowadays.

Overreaction is an understatement coming from you.

[Fowler_God]

How do these firms get paid? Are they paid a % for coming up with a design then the full amount if that design is used? Or is it just a flat rate fee for a design and no more if its built?
Just curious to how much money we are blowing with all these different designs

[CharlieMansonsSquint]

How do these firms get paid? Are they paid a % for coming up with a design then the full amount if that design is used? Or is it just a flat rate fee for a design and no more if its built?
Just curious to how much money we are blowing with all these different designs

Well if they aren't getting paid by the hour they're complete mugs.

[Tom]

How do these firms get paid? Are they paid a % for coming up with a design then the full amount if that design is used? Or is it just a flat rate fee for a design and no more if its built?
Just curious to how much money we are blowing with all these different designs

They're pitching for a job. They don't get paid anything, if they don't get the contract they take it on the chin.

[anfieldanfield]

Glad they're taking their time over this.

Make the wrong rushed decision and we're stuck with it. Think about it.

I concur.

[Tom]

They will just point out the negatives in the article, or put a negative spin on it.

I just try and be objective, and laugh at the 90% of the posts on here nowadays.

If you were being truly objective you'd be prepared to give people the benefit of the doubt for believing the bad news stories. As you don't you can't claim to be objective as you are taking up a postition against them. Same thing applies for Sonsofthedesert

[Johnny]

The breakdown of BenÍtez’s relationship with Tom Hicks and George Gillett Jr, Liverpool’s American owners, has attracted most headlines in a turbulent few months at Anfield, but the greater priorities at yesterday’s meeting were how to refinance the £270 million loan with which they bought the club last February and the latest designs for a proposed new stadium in Stanley Park.

The meeting in New York, which ran late into the evening, was regarded as critical to the club’s long-term future and to the Americans’ hopes of delivering on the various promises they made when they bought the club 11 months ago.

BenÍtez’s future is known to be bleak after the events of the past six weeks, with the Spaniard seemingly certain to leave his job at the end of the season, but Hicks, Gillett and Rick Parry, the chief executive, were more concerned yesterday with resolving various critical issues off the pitch.
After their spectacular redesign of the stadium was dropped last month because it was too expensive, they examined presentations from two architect firms yesterday and also sought to settle on a business plan that would enable them to refinance their original loan from the Royal Bank of Scotland, which expires next month.

http://www.timesonline.co.uk/tol/spo...cle3156213.ece

FFS!!!!

[Johnny]

Liverpool have yet to make a decision on the design for a new stadium as the club's owners attempt to refinance the loans they used to buy the Reds for £220million.

A meeting between chief executive Rick Parry and owners Tom Hicks and George Gillett took place in New York at which two rival firms of architects presented designs for the Stanley Park project.

Parry says a decision on the design will follow "soon" - one had been expected on Wednesday.

Meanwhile, Hicks and Gillett are embroiled with trying to sort out their refinancing problems before a February 1 deadline.

The American business tycoons borrowed £270million to buy Liverpool last February, the main lenders being the Royal Bank of Scotland, and are looking for a new loan package worth around £350million - of which £60million will go towards a new stadium - but their plans have been hit by the 'credit crunch' in the USA.

Hicks, Gillett and Parry listened to presentations by architects HKS and AFL yesterday.

Dallas-based HKS had produced the original stadium plans but they were scrapped last month on cost grounds and they and Manchester firm AFL have both come up with new, cheaper designs.

Parry told the club's official website, www.liverpoolfc.tv: "It was a very full day. We had two very detailed and very informative presentations which were very thorough and extremely professional.

"It has been another big step forward to finding the best possible solution and the whole meeting was very constructive.

"Everyone is reflecting on what they have heard and a clear decision will be taken soon.

"They were both very good in terms of coming closer to the right solution. As ever, when you have a competition, you hope it produces outstanding results and I think that is what we have seen.

"Whichever we do go with, it will be an excellent result."

Hicks and Gillett are no longer looking to load the debt onto the club in the way that the Glazers have done with Manchester United, and are hopeful of clinching a refinancing deal before February 1.
In the event they are unable to do so, they may have to come to a new arrangement with the RBS.

If the worst comes to the worst and they are forced to sell the club - and sources close to the pair say that is very unlikely - then Dubai International Capital, the investment arm of the ruler of Dubai, may again become interested in buying Liverpool, but only on an outright basis rather than just obtaining some shares.

-PA Feed

[Fowler_God]

They're pitching for a job. They don't get paid anything, if they don't get the contract they take it on the chin.

[tomasjj]

Hicks and Gillett are no longer looking to load the debt onto the club in the way that the Glazers have done with Manchester United, and are hopeful of clinching a refinancing deal before February 1.

That is excellent news if true.