Kieran Maguire: FSG won't be happy after 'massive' update on £80m Liverpool plan
Liverpool may have come close to pulling the plug on the Anfield Road stand development after costs skyrocketed.
That is the view of finance expert Kieran Maguire, speaking exclusively to Football Insider about spiralling costs at the Merseysiders’ stadium.
Liverpool are in the process of expanding capacity at Anfield to beyond 60,000 with the redevelopment of the Anfield Road stand.
The Athletic reported on 2 October that development costs have risen by £20m to £80m following late changes to the design.
And Maguire claims that the new estimated cost will have made the decision to press on with the expansion a “marginal” one.
“These additional costs won’t be welcomed by FSG or Liverpool,” he told Football Insider correspondent Adam Williams.
Subscribe to Football Insider TV now
“I think the club will also be expected to self-fund this expansion. That’s no mean feat as it’s a massive project.
“It’s therefore a case of having to rob Peter to pay Paul in terms of the club’s ability to compete in the transfer market.
“Because the Anfield Road end is behind one of the goals, those are not premium seats. The premium seats are around the halfway line.
“The Anfield Road prices will probably be slightly cheaper than the Kop, but I think it will be the next cheapest area.
“There are also away fans in that area, and they are capped at £30. So they aren’t going to be a massive earner.
“Increasing the capacity is great, but you won’t be able to sell more merchandise because the megastore is already at full capacity.
“There are queues to get in already. From a financial perspective, it’s probably a marginal decision for the plans to go ahead.”