2 Feb 2010Liverpool 'targeting new investors for stadium'

Football Finance News | Football Technology and Stadia

Liverpool's managing director Christian Purslow has said that the club are seeking fresh investment to safeguard plans for a new ground.

In an interview with the Spanish sports newspaper AS, Mr Purslow revealed that the Merseyside outfit hope to secure an injection of funds before the end of the season.

"Without investment there won't be a new stadium", he said, adding that several "interested parties" have already been identified by the club.

Mr Purslow added that those behind the scenes at Liverpool will continue to run the club "in the most responsible way possible" if new investors cannot be found during the next few months.

Work on the new stadium site in Stanley Park was put on hold in August 2008 due to the financial climate.

However, Liverpool co-owner Tom Hicks insisted that the construction of the 60,000-capacity arena would resume once economic conditions improved.

In December, Liverpool City Council leader Warren Bradley told the BBC that work on the stadium could begin again in April if the finances are secured.

Written by Paul Roberts

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