Reds wait for end to recession

04 September 2009 08:45
// A bit of a hack but it works// The article snippet is wrapped onto a second line, even when #article-sub is emptyif( $("div#article-sub").children().length == 0 ) {$("div#article-sub").remove();} Liverpool have confirmed that their new stadium will not be built until the end of the worldwide financial crisis.

The Reds were planning to open a replacement for Anfield in neighbouring Stanley Park in 2010.

But the reported £490million project has been put on hold by Liverpool owners George Gillett and Tom Hicks.

Reds managing director Christian Purslow admits the club will not venture into the major credit investment until the conclusion of the current recession.

"Construction will begin when the global financial markets re-establish their equilibrium," he said in The Sun.

Source: SKY_Sports