Sunday, April 18, 2010

Broughton - Stadium Vital


New Liverpool chairman Martin Broughton has revealed that any potential buyer for the club will have to commit to building a new stadium.

Reds co-owners George Gillett and Tom Hicks confirmed their intention to sell Liverpool on Friday after a controversial spell at the club.

Broughton has been appointed chairman and has the task of finding a buyer for the Anfield outfit, who are £237million in debt.

The 63-year-old Chelsea fan hopes to oversee a quick sale process but insists a new ground is of utmost importance.

"We want to do the right thing for Liverpool and a new stadium is doing the right thing," he told The Times.

"It will add long-term value to the club and if we are looking for a new owner, which is something they will have to accept."

Barclays Capital is to advise Liverpool on the sale of the club while the Royal Bank of Scotland has agreed to continue with its present loans.

Broughton, the current British Airways chairman, has moved to calm fans' fears that American owners Gillett and Hicks are not sincere in their intent to sell.

"They are committed to a sale at a reasonable price, although I am not going to define what a reasonable price is," he added. "I would not have come in if they weren't serious.

"Everybody wants to know straightaway who the buyer is, but I am asking for a bit of patience on the part of the fans - give us a few months to get the process under way.

"Liverpool is one of those great institutions. Not only do they make football great, but they also make the Premier League great.

"I am excited and honoured to be taking up this position.

"I think the fans will be big enough to know that I've come here to do the right thing for Liverpool FC.

"They will also be big enough to respect the fact that I am a Chelsea fan.

"But this (the decision to find a new owner) is good news for the manager, it's good news for the players and it's good news for the fans.

"There is no need for a fire sale (of players), there is no need to do anything hasty."

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