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 Liverpool ready to submit new stadium plans
 17/07/2007
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Liverpool will submit the revised plans for their proposed new stadium to the city council before the end of the month, according to the club's chief executive Rick Parry.

The English Premier League side want to build a 60,000-seat ground that could be extended to a capacity of 80,000 and the stadium is expected to cost 280 million pounds to complete.

If Liverpool gain planning permission, building work on the site next to the side's current ground Anfield could commence before the end of the year.

"We know pretty much know what the final plans are. They will be unveiled in the coming weeks," Parry told reporters on Monday.

"I know people will be very excited with what they are, I have certainly been excited by them.

"Whether we build an extension is partly a business decision depending on what the demand will be.

"It is also driven by planning constraints with what we can achieve at the outset.

"Suffice to say, the whole idea is building a stadium that has expansion capacity and more room than the previous one."

Liverpool decided to submit a new stadium proposal when American owners George Gillett and Tom Hicks bought the club in March.

"The owners were concerned that if we were really going to be challenging long term, just in excess of 60,000 was too small," Parry added.

"They have never made any secret that their plan was to get something significantly bigger."

Parry also confirmed that the cost of the stadium would not become a debt burden on the club.

"At the end of the day, it's not about building monuments, it's about making an investment that will generate a return that will allow us to invest in the team," he said.

(Source: Reuters)
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