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Hicks refutes stadium claims

18 Sep 2009 - 07:53:29

Liverpool co-owner Tom Hicks has rejected suggestions that the club's proposed new stadium will not be built during his and George Gillett's reign.

Hicks claims the much-delayed £350million stadium will be built on its designated site at Stanley Park once the current global financial situation improves.

The American duo have already scaled back plans for the now 60,000-seater stadium, before finally placing work on hold indefinitely 12 months ago.

"We've spent lots of money and we have a fully designed stadium," said Hicks. "We have every permit in place, the council's approval, everything is done. Certainly it will happen.

"When we get to the point where the global market settles down, we can bring pieces together to finance the stadium.

"I don't know about the dates because of the global financial markets, but I know the markets will settle down and get better."


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