European grant to develop Stanley Park may have to be repaid following Liverpool's decision to remain at Anfield
Thursday 18 October 2012
Mayor Joe Anderson is confident the city council will not have to repay an £8.2million European grant in the wake of Liverpool's decision to abandon plans for a new stadium.
On Monday the club confirmed they were to push ahead with a redevelopment of Anfield on the back of a regeneration plan for the wider area.
Now proposals for a new ground in nearby Stanley Park have been shelved, providing Liverpool can secure the necessary planning permissions and agreements to expand their current home, it raises a question over what happens to the money from the European Regional Development Fund earmarked for improving and preparing the park in advance of any construction work being done.
"We are looking at the option of using the money in the wider regeneration sense, and I don't believe we will have to pay it back," Anderson told the Liverpool Echo.
"If we don't use it for regeneration or development and leave things as they are, then it would have to be paid, but we don't think that's how we are going to approach this."
According to the Echo, in 2010 the Audit Commission reported the risk of having to pay back the money if such an outcome occurred was a "serious concern".
The report stated: "The grant offer was made on the condition that the new Liverpool Football Club stadium will be built in Stanley Park.
"In the event that this does not occur, then the European Regional Development Fund grant of £8.2m will be repayable."
Latest in Sport
Preston fan who appeared to snatch Jermaine Beckford's shirt from eight-year-old boy identified and says: 'the truth will come out'
England 'favourites' to host 2018 World Cup following Fifa arrests
Premier League 2015/16 kits: Confirmed and rumoured strips from Arsenal, Manchester United, Liverpool, Chelsea and others
Manchester United season player ratings: Grading Louis van Gaal's entire squad
Psychic penguins have made their pick for Arsenal vs Aston Villa in the FA Cup final...
- 1 UK's biggest male rape charity Survivors UK has state funding slashed to zero despite 120% rise in men reporting sexual violence and seeking help
- 2 'Don't blame all men for rape' campaign backfires spectacularly
- 3 Isis burns woman alive for refusing to engage in 'extreme' sex act, UN says
- 4 Puerto Rico, island of lost dreams: People are leaving the debt-hit territory in droves as near neighbour Cuba's star rises
- 5 Charlie Charlie Challenge explained: not a Mexican demon being summoned — it's gravity
EU referendum: David Cameron's rules are a 'democratic disgrace', says French-born Scottish politician set to be denied a vote
The day that Britain resigned as a global power
SNP fury as HS2 finds 'no business case' for taking fast train service to Scotland
Australian man punched in the face for defending Muslim women from abuse on train
A nation of inequality: How the UK is failing to feed its most vulnerable people
EU referendum: David Cameron to deny EU migrants and under-18s the chance to vote