Liverpool want new investors by end of season
Liverpool are aiming to strike a deal with investors before the end of the season so they can get plans for a new stadium back on track, the club's managing director has said.
Liverpool have put plans to move from Anfield to a 60,000-seat arena at Stanley Park on hold pending an injection of funds and the new stadium is a key part of a plan to boost revenue and help them compete with richer rivals such as Manchester City and Chelsea.
"When I arrived we agreed with the owners that we had to look for new investors," managing director Christian Purslow said in an interview with Spanish sports daily As. "There are interested parties and I would like to get it sorted out before the end of this season," he added. "Without investment there won't be a new stadium."
Purslow said that the club would try to maintain the status quo if they did not manage to reach an agreement with new investors.
"That's plan B: run the club in the most responsible way possible," he added. "We are generating a healthy profit and meeting our obligations, while remaining competitive in the transfer market and with the wages we are paying."