NEW ANFIELD - £215 MILLION

Anyone got £200 million to lend Rick?

The reds have lodged plans for the new Anfield stadium with the city's council as progress slowly begins to be made on the new stadium.

The club is asking the council to grant a 999 year lease for the proposed site, and also to accept a number of grants including the EU grant needed for redevelopment of the Anfield area.

The cost of the stadium and Stanley Park regeneration has been set at £215 million - Liverpool's liability is expected to be £190 million.

The club have recently been looking at using commercial financing for the stadium through bank loans, in an attempt to hopefully entice investment once the project has got off the ground.

Although we have heard this all before - the club are hoping that the stadium could be ready for 2009/2010 season.

Today's news is seen as a major breakthrough however. The plans include the new stadium, new sporting facilities in a new sports centre after Vernon Sangster get's knocked down.

The wait goes on....

Read the full report from today's Post

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