Sep 11, 2013, 4:03 PM EDT
John W. Henry made it clear. Financing will not be a problem. Although his predecessors in Liverpool’s ownership box, Tom Hicks and George Gillett, couldn’t get the money to build a new stadium or refurbish the current one, financing will not be an issue for Henry and his ownership group.
Instead, property issues around Anfield are the only things that stand in the way of the $243 million refurbishment of Liverpool’s current home, with the city and a local housing authority making progress toward securing the land needed to start the club’s much-anticipated project.
Those properties are still in private hands, and until deals can be negotiated with their current owners, Henry and LFC remain in a holding pattern.
From The Guardian’s reporting:
“We are making good progress,” added Henry. “We have a lot of different groups working very well together and having everybody on the same page is the key to a big project like this happening and pretty much everyone is on the same page. The obstacles are not completely out of the way but we seem to be moving in that direction … We don’t have all the houses but we are making progress.”
The planning application for Anfield’s modifications will only be submitted once the city has secured all the necessary properties, leaving the exact nature of the changes unknown. The Guardian, however, is reporting a refurbished Anfield will include a new main stand as well as a buildup at the Anfield Road end.
None of which, Henry stressed, will affect what the club is able to do on the field:
“… it will pay for itself. It’s actually a positive. It’s one of the reasons we are doing it. It still provides excess cash. This is the direction that makes financial sense for the club in the long term.”
The key point in all Henry’s comments, however, was the financing. Troubles securing a way to pay for their projects not only undermined Hicks and Gillett’s attempts to solve the Anfield problem but also undermined supporter faith in owners who’d staked their credibility on securing a new stadium. Henry’s never made such promises but inherits the legacy of his predecessor’s errors.
That’s why he wants to make it clear – funding the project is a non-issue:
“They [Hicks and Gillett] were talking about going out and borrowing an enormous amount of money for an enormous facility. That’s not what we are doing here. One of their problems is that they weren’t able to get financing.
“When this [project] happens, that won’t be the problem. We just need certainty with regard to these properties.”
Forgive Liverpool fans, walked down this road before, if they withhold optimism. They may not want to jinx it. It does, however, sound like progress has been made, plans are ready, and only the details remain. You don’t want to trivialize those details, since they involve people’s lives and property, but if the question is how much closer we are to a renovated Anfield, the answer is ‘closer than ever.’
Jul 1, 2015, 12:12 AM EDT
Jill Ellis takes a lot of criticism, but she got it right again on Tuesday, moves that got the U.S. into the World Cup final.
Jun 30, 2015, 11:50 PM EDT
It’ll be an interesting story to follow as it unfolds across American soccer’s top flight.
Jun 30, 2015, 11:20 PM EDT
For 32 glorious minutes, we thought there was a good chance we’d see a third-tier side in the Lamar Hunt U.S. Open Cup’s quarterfinals.
Jun 30, 2015, 10:47 PM EDT
The United States played its best soccer in two years with a victory over Germany in an epic win over Germany.
Jun 30, 2015, 10:03 PM EDT
Either Landon Donovan is emotionally removed from last summer’s World Cup roster omission drama, or the USMNT legend just passive-aggressively lashed out at former coach Jurgen Klinsmann.
Jun 30, 2015, 9:38 PM EDT
There will be a blockbuster final to the Copa America, as Argentina thumped Paraguay to cruise to the final.
Jun 30, 2015, 9:21 PM EDT
With one brilliant 90-minute performance, the United States reasserted itself as the best team in the world.
Jun 30, 2015, 9:00 PM EDT
The U.S. is headed to the final for the fourth time in seven tournaments.
Report: Pearson’s firing due to Leicester players’ racist sex tape scandal, “definitely not a football issue”
Jun 30, 2015, 8:08 PM EDT
Will either side be able to rebound from the latest incident?
Jun 30, 2015, 7:04 PM EDT
The Ivorian international, 28, appeared set for a 4-year deal worth about $14.5 million.
Jun 30, 2015, 6:41 PM EDT
There hasn’t been a single clean sheet kept in a match-up of these two teams since 2010. Should be a fun one.
Jun 30, 2015, 6:12 PM EDT
Lauren Holiday and Megan Rapinoe return from their yellow card suspensions to play starting roles in Tuesday’s Women’s World Cup semifinal.
Jun 30, 2015, 5:51 PM EDT
There’s haves, have nots and have a lots, and the Los Angeles Galaxy are in the final category.
Jun 30, 2015, 4:45 PM EDT
A long-standing right bone bruise will keep the Houston Dynamo midfielder out of the upcoming Gold Cup.
Jun 30, 2015, 4:04 PM EDT
An incredibly-confident man who branded himself the “Godfather of women’s football” certainly won’t relish sitting this one out.
Jun 30, 2015, 3:45 PM EDT
How to stay in touch with all the Open Cup action in Tuesday’s four games.
Jun 30, 2015, 3:11 PM EDT
Foxes decide to fire Pearson despite the greatest of “great escapes” during the 2014-15 season.
Jun 30, 2015, 2:20 PM EDT
The two best goalkeepers in the world square off in the Women’s World Cup semifinals.
Jun 30, 2015, 1:29 PM EDT
Find out how to watch the preseason tournament in Singapore live, here.
Jun 30, 2015, 12:43 PM EDT
With a huge World Cup encounter hours away, USWNT head coach Jill Ellis has a lot to ponder.
- Lamar Hunt U.S. Open Cup roundup: Union, Orlando, Chicago move on as Charlotte bounced 0
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- United States defeats Germany, advances to Women’s World Cup final 12
- Reports: Galaxy on verge of landing El Tri star Dos Santos as “core player” 8
- Report: Sepp Blatter will not attend Women’s World Cup final 0
- Nigel Pearson fired as manager by Leicester City 2