Liverpool Owner Queries Stadium Move

Liverpool Owner, John Henry,  has questioned the wisdom of moving to a new stadium claiming it’s a myth that clubs are guaranteed to generate more income.

Liverpool’s principal owner has suggested a new-build in Stanley Park would most likely lead to increased ticket prices, quoting recent examples taken from the United States.

The lead figure in Fenway Sports Group believes the best way of improving the Reds’ ability to compete financially is through worldwide commercial revenue streams and their long-term future is not dependent on the stadium issue, which casts doubt over whether the long-mooted Stanley Park project will ever come to fruition.

“A long-term myth has existed about the financial impact of a new stadium for Liverpool,” the American wrote in an email to The Anfield Wrap website.

“A belief has grown that Liverpool FC must have a new stadium to compete with (Manchester) United, Arsenal and others. No-one has ever addressed whether or not a new stadium is rational.

“New stadiums that are publicly-financed make sense for clubs – I’ve never heard of a club turning down a publicly-financed stadium.”