Monday, November 14, 2005

Kraft considers investing in the Reds

Robert Kraft has hinted that he is considering the possibility of investing in Liverpool.
Kraft told BBC Radio Five Live: "Liverpool is a great brand and it's something our family respects a lot.
"We're always interested in opportunities and growing, so you never know what can happen."

Kraft is a billionaire and his family own a couple of major sporting teams in America.

Rick Parry, who met with the Kraft family last week, said the trip was a way for him to learn more about funding a stadium:

"I've known them since 2001 and had an invitation to visit the Gillette stadium, one of the USA's few privately-funded stadia," said Parry.
Parry added: "It gave us a chance to discuss the way they funded the ground's construction.
"Being an international break, it was a convenient time to accept the invitation and it proved an interesting trip.
"It was hardly a secret mission. I attended an NFL match with 80,000 spectators."

With the price of a new stadium rising every day it looks like a large injection of cash will be the only way to secure the move that we need to progress.

Please post your views.

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