Tuesday, April 11, 2006

Liverpool FC loses EU Stadium funding

Liverpool Football Club has lost out on an £11m European Union grant to assist in the construction of the new stadium.

On 29 March Liverpool was forced to announce that it was in talks with a number of parties "regarding a potential investment of new funds into the club".

Putera Sampoerna, the Indonesian billionaire, and Mansion, the gambling company seen as possible buyers of the club.

Other parties that have expressed an interest in investing in Liverpool in the past include the billionaire Kraft family of the US and Steve Morgan, the Merseyside housing tycoon.

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