Purslow seeks new investment

02 February 2010 01:55
Managing director Christian Purslow has revealed that Liverpool's plans to build a new stadium depend on their ability to attract new investment into the club. Co-owners Tom Hicks and George Gillett put work on the already downscaled 60,000-seater arena in Stanley Park on hold in 2008 after citing the global financial difficulties. The site remains undeveloped and Purslow has admitted that the only way work will recommence is if the club can successfully attract fresh investment. "When I arrived we agreed with the owners that we had to look for new investors," he explained. "There are interested parties and I'd like to get it sorted out before the end of this season. Without investment there won't be a new stadium." Meanwhile, Purslow insists the Reds will finish in the top four this season and qualify for the Champions League despite their on-pitch this struggles. Speaking to Spanish newspaper AS, he declared: "We will be in the Champions League, for sure. We are not a selling club."

Source: ESA

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