• Premier League

Hodgson promised spending money by new owners

ESPNsoccernet staff
October 6, 2010
Martin Broughton has said Roy Hodgson will receive financial backing from the new owners © Getty Images
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Liverpool chairman Martin Broughton has said the club's new owners will provide cash for new players in January and are committed to building a new stadium.

New England Sports Ventures (NESV) is expected to complete a takeover of Liverpool within a week, with Broughton - as well as fellow board members Christian Purslow and Ian Ayre - set to take pre-emptive legal action against current co-owners Tom Hicks and George Gillett.

Broughton is convinced the prospective new owners will be able to take the club forward, starting with making money available for both short-term and long-term success.

"They don't want any hostages to fortune, very sensibly, so they're not going to make any comments about how much or anything like that," Broughton said. "But this goes back to the winning mentality.

"I think the demonstration is: let's look at what they have done at Boston, what they said in Boston, what they have done in terms of investing in players - and I think you get a high degree of confidence of their willingness to do that."

On the issue of a new stadium, Broughton said: "There's definitely a commitment to invest in a stadium. Where they haven't finalised their view is whether that should be the new stadium or whether there are still opportunities to build at Anfield itself. They have done both.

"The people involved have built the new stadium at Baltimore Orioles, for example, and at Fenway Park they looked at the two options and decided that actually redevelopment with all of the tradition was better than a new stadium."

© ESPN Sports Media Ltd.
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