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Ayre: Stand ‘not smart business’
- Updated: October 12, 2016
Liverpool’s chief executive Ian Ayre says £60m-£70m cost of redeveloping the Anfield Road end of the club’s stadium is difficult to justify as a business deal.
Ayre told a meeting of Liverpool Supporters’ Committee (LSC) that it could take 15 years to pay back, which he said was “not a smart investment for the business”.
Liverpool opened their redeveloped Main Stand earlier this season, raising seating capacity to more than 54,000, and have outlined planning permission to extend Anfield Road by a further 4,800.
However, at the meeting, Ayre said it was difficult to justify the latest expansion from a business perspective.
The £114m construction of the Main Stand was …
