Threat to LFC stadium project
Jul 28 2006
By Sam Lister Daily Post Staff



LIVERPOOL FC'S plans to build a new stadium were dealt a massive blow last night after officials told them they were no longer front-runners for a £9m grant.

The club failed to come up with a "cast-iron" assurance that they had private financial backing, despite being given 18 months to secure a deal.

Committee members in charge of handing out the European cash fear the scheme has now become so risky they stripped the club of preferred bidder status.

It means the grant is no longer ring-fenced for the ambitious Stanley Park plans, and LFC will now have to compete with dozens of other Merseyside regeneration schemes for the money.

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