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Parry: We are committed to the newanfield Stadium
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Press Stories Untrue14:30GMT Dec 16th 2007 by Ste Leftley, Newanfield.co.uk
Chief Executive Rick Parry told liverpoolfc.tv: "We remain absolutely committed to the building of a new stadium which will improve on the original design inherited by Tom Hicks and George Gillett when they came into the club.
"It will have a capacity of around 70,000, be higher quality and have a substantially increased Kop which will form the centrepiece of the new plans.
"Ever since the original designs were unveiled, we have been continuously revising and refining with the intention of delivering the best possible solution to our future needs.
"The situation in the credit markets has not affected our design, programme, or implementation of building our new stadium. The priority has always been to build a winning team on the pitch and everything else we do is geared towards that."
Earlier reports on Saturday had been:
Liverpool are set to scrap plans for a new £700m stadium because funding for it has been hit by the volatile financial credit markets. (Mirror) The star and the times all went with the story which appeared to suggest that Liverpool's owners could not get a loan for the cost due to the credit crunch.
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