Stadium canned?

[Darth Marty]

Yep, He broke the news this morning on raotl, Its very likely that the stadium has been canned.

What so this fella works at anfield? Or is a legal hotshot employed by someone close to the action? Or is Moores brother? Or has once spoken to parrys sisters budgerigars babysitter?


hmmmm........

[Jayesh87]

Has Dunk confirmed it?

[Jayesh87]

What so this fella works at anfield? Or is a legal hotshot employed by someone close to the action? Or is Moores brother? Or has once spoken to parrys sisters budgerigars babysitter?


hmmmm........

He owns raotl

[FatTony]

Has Dunk confirmed it?

Well, until the fatman confirms it, I ain't listening

[Jayesh87]

Well, until the fatman confirms it, I ain't listening

smoove

[lucas]

David Moores should hang his head in shame. Hope he's happy with all the money he got when he sold up.

Honorary Life President - my arse

[Slinky Skills]

I`ll let you know more when I hear it!!!!!

Cheers

[FatTony]

I've read that Laing O'Rourke are sending out all orders to the sub contractors tomorrow.

[Darth Marty]

He owns raotl

hmm, ok, ill accept that he probably knows more about this than my aunt edna then.

[sinbad]

Liverpool's owners take another hefty blow

From The Times
August 29, 2008

Postponement of stadium building casts further doubt on credibility of Tom Hicks and George Gillett Jr to drive club forward.

Oliver Kay

The troubled regime of Tom Hicks and George Gillett Jr at Liverpool suffered another severe blow last night when it emerged that they are preparing to postpone construction of the club's new stadium because of difficulties raising the funds in an unforgiving financial market.

Hicks and Gillett had hoped that the building of a 60,000-capacity stadium on the site at Stanley Park, barely a quarter of a mile from the club's Anfield home, would start within weeks, dispelling some of the concerns about their ability to drive Liverpool forward. But their apparent failure to do so casts further doubt about their credibility as owners, increasing the pressure on them to sell to Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai.

The American tycoons will play down the significance of this latest setback, saying that the market conditions are not favourable for such large-scale borrowing, but, 18 months after they bought the club, pledging that building would start “within weeks”, it is another embarrassment that they could do without. According to one source, they were recently told by the Royal Bank of Scotland that they could borrow the money required for the £350million project on the condition that they could put up £200million in guarantees, but they have been unable to do so.

The Hicks-Gillett regime has appeared doomed since it emerged that they had invited Dubai International Capital (DIC), the private-equity investment arm of the Dubai Government, to buy a minority stake last October. Hicks blocked DIC's bid to buy the club for £400million earlier this year, but the Dubai interest remains, albeit now presented as a consortium headed by Sheikh Mohammed, rather than under the DIC banner. The Dubai consortium still expects Hicks and Gillett, whose relationship remains tense, to sell within months, aware that their most recent refinancing package is up for renewal in January, albeit with the option of a six-month extension.

http://www.timesonline.co.uk/tol/sport/football/premier_league/liverpool/article4629692.ece

[Charly]

What a bunch of second rate ****nuts!

I hope Moores and Parry are happy, sucking on Gillette and Hicks big fat cocks for the few extra quid they made. Well, I hope their jizz burns a hole in your stomachs, you greedy little toerags.

Dear Fowler, I am depressed....

[redheart]

The one "good point" to the stadium being cancelled is that it would seem the profitability and viability of their investment and refinancing plans hinge on the extra income from a larger stadium.

Thus cancelling the stadium may be the first and most important step in their departure.

if it is true of course

[FatTony]

We have become the laughing stock of the premier league with these muppets in charge.

[Rashid]

DIC will buy us in the end, but lets hope it is soon because sooner or later they will get pissed off.

[Icon]

DIC won't buy us....

If they wanted to they would have already.