The projected cost of building Liverpool Football Club's new stadium has rocketed to "at least £400m".
The news of the £150m hike comes from the club's co-owner Tom Hicks, who together with fellow American George Gillett took over the club in March.
The Stanley Park stadium will have a capacity of 60,000 - 15,000 more than Anfield - when it opens, but that could increase to 75,000 in the future.
Plans go before planners at the city council on 5 November.
Mr Hicks said he was not worried about the radically revised figures: "I'm so excited about the new stadium because we'll be able to go do things for the fans we've never been able to do for them.
"Our fans are wonderful and over time we'll be able to give them the amenities, comfort and ease of getting tickets they have never had before."
798
wonder if this new stadium will be rename or not?
Poolman
Originally posted by 798:
wonder if this new stadium will be rename or not?
Unless a new sponsor come in with a good commercial offer in naming after them .... if nt , name will be Stanley Park ? Think so .
If the cost is 400 million pounds , then the sponsor must really come out with at least 200 million for the stadium's commercial rights !
Think Hicks and Gillett don't need those money .....