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Liverpool FC's Anfield Construction begins with £115m loan from Fenway Sports Group


 

The Telegraph published that the Fenway Sports Group, the proud owner of Liverpool are all set to give away a hefty loan barring interest to renovate the main stand.

 

The work has commenced and will be completed in the beginning of 2016-17.

 

This great video with excellent three dimensional image representation shows that all expertise.

 

This work will ensure the long standing demand for Merseyside club. It will increase the capacity of Anfield.

 

The cost of the construction is around £75million, it may raise further £40million.

 

It is £115million loan which have to be repaid by next 5 years.

 

After 15 years, four different planning applications by three sets of owners, an aborted scheme to leave their home and many more false dawns, the stadium saga which once threatened to bring the club to its knees is drawing to a close.

 

“The football club for many years has been looking for a solution and although it has been a long time coming, under this ownership and management group it has actually been a quick process,” Quoted Ayre in The Telegraph.

 

15 years, four dissimilar planning applications by three sets of owners, an aborted scheme to leave their home and many more false dawns, the stadium saga which once threatened to bring the club to its knees is drawing to a close.

 

“The football club for many years has been looking for a solution and although it has been a long time coming, under this ownership and management group it has actually been a quick process,” said Ayre.

 

Reference : Telegraph Media Group Limited

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