Liverpool have reported a loss of just about £50 million for the last money year together with £35 million spent on their failed project to create a brand new stadium.
Despite house owners Fenway Sports cluster wiping out debts of £200m with their October 2010
purchase of the club, they'd to write down off an additional £35m related to the doomed HKS-designed Stanley Park project of predecessors Tom Hicks and George Gillett.
HKS may be a Dallas-based firm of architects that won the battle to create the new stadium at Stanley Park, just for the project to be shelved once projected prices spiralled to £400m and also the club became mired in interest repayments as a results of the loans taken out by their yankee former house owners.
In January 2012, Liverpool determined to revert to previous plans necessitated by Manchester-based architects AFL.
And Roy Hodgson's exit in January 2011, once simply 191 days answerable, and also the departure of former managing director Christian Purslow, contributed to an additional £8.4m about contract terminations, accounts filed to firms House show.
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