Liverpool owner gives Positive update on Anfield Expansion Plans
These are exciting times to be a Liverpool fan. The Reds are roaring on pitch, sitting on top of the League table, while off the pitch are making great strides as well.
Liverpool’s principal owner John W Henry has insisted today that the club has amassed sufficient funds required to go ahead with their plans of redevelopment of Anfield.
The Fenway Sports Group are waiting for the green signal from the planning authorities to start working on their project of increasing the stadium’s capacity, which is believed to costing around £154m.
“We are making good progress,” Henry told the Liverpool Echo. “There are a lot of different groups working very well together and that’s the key to a big project like this happening, when everybody is on the same page. When everybody is on the same page, we move forward.
“I think we were clear at one point that what made financial sense was going in this direction – and this is the direction that makes financial sense for the club for a long time.
“Obstacles are being overcome. We have always said you have to have certainty with regard to the properties because of the height of the stand and all of the issues regarding that. So that’s been the biggest issue.”
Henry says that Liverpool City council have made good progresses in buying up the privately owned properties which will allow the Main Stand at Anfiled to be expanded in due course of time.
The American owners further spoke about their difference with approach with the previous regime (Tom Hicks and George Gillett Jr) saying they’re not looking to build an enormous new facility unlike them and reassured everyone that financing is not a problem for them.