Oliver Kay
Join us for an exclusive Mike Atherton Event

Classic Times Fantasy Football is back. We got two great games for you to play and £100K to be won
The troubled regime of Tom Hicks and George Gillett Jr at Liverpool suffered another severe blow last night when it emerged that they are preparing to postpone construction of the club's new stadium because of difficulties raising the funds in an unforgiving financial market.
Hicks and Gillett had hoped that the building of a 60,000-capacity stadium on the site at Stanley Park, barely a quarter of a mile from the club's Anfield home, would start within weeks, dispelling some of the concerns about their ability to drive Liverpool forward. But their apparent failure to do so casts further doubt about their credibility as owners, increasing the pressure on them to sell to Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai.
The American tycoons will play down the significance of this latest setback, saying that the market conditions are not favourable for such large-scale borrowing, but, 18 months after they bought the club, pledging that building would start “within weeks”, it is another embarrassment that they could do without. According to one source, they were recently told by the Royal Bank of Scotland that they could borrow the money required for the £350million project on the condition that they could put up £200million in guarantees, but they have been unable to do so.
The Hicks-Gillett regime has appeared doomed since it emerged that they had invited Dubai International Capital (DIC), the private-equity investment arm of the Dubai Government, to buy a minority stake last October. Hicks blocked DIC's bid to buy the club for £400million earlier this year, but the Dubai interest remains, albeit now presented as a consortium headed by Sheikh Mohammed, rather than under the DIC banner. The Dubai consortium still expects Hicks and Gillett, whose relationship remains tense, to sell within months, aware that their most recent refinancing package is up for renewal in January, albeit with the option of a six-month extension.
On the pitch, Liverpool's results so far this season have been positive enough - two wins out of two in the Barclays Premier League and progression to the Champions League group stage - but their performances have not. Rafael Benítez, the manager, has expressed overall disappointment and he may be particularly concerned at teething problems with the new strike partnership of Fernando Torres and Robbie Keane.
Another worry is the continuing lack of quality in wide areas, which should be resolved by the arrival of Albert Riera from Espanyol. However, that £8.5million deal had still to be finalised last night, meaning that Liverpool are likely to travel to Aston Villa without him on Sunday.
Dirk Kuyt, who secured their Champions League place on Wednesday night by scoring the only goal of the qualifying tie against Standard Liège late in extra time at Anfield, admitted that Liverpool have flattered to deceive. “We have had a lot of luck,” the forward said. “We have to improve and it has to happen quickly.”
Liverpool paid a combined £40million for Fernando Torres and Robbie Keane, who arrived from Tottenham Hotspur this summer. So far, neither have matched their form of last season.
Robbie Keane
2007-08 (Premier League, for Tottenham Hotspur):
Minutes on pitch: 2,731
Goals: 15 (1 per 182min)
Shots on target: 40 (1 per 68min)
Pass completion 81%
2008-09 (four games, all competitions)
Minutes on pitch: 318
Goals: 0
Shots on target: 0
Pass completion: 71%
Fernando Torres
2007-08 (Premier League, for Liverpool)
Minutes on pitch: 2,542
Goals: 24 (1 per 106mins)
Shots on target: 48 (1 per 53min)
Pass completion 64%
2008-09 (four games, all competitions)
Minutes on pitch: 389
Goals: 1 (1 per 389min)
Shots on target: 1 (1 per 389min)
Pass completion: 62%
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
Shortcuts to help you find sections and articles
36-month car lease
on contract hire for
£359.99 plus VAT pm
12 months for the price of 11 and a 5% discount.
Offer ends 31/11/09
Check your free Experian credit report before applying
Car Insurance
c£100,000 + car, bonus & bens
Lord Search & Selection
Midlands
Competitive salary + NHS pens
The Council for Healthcare Regulatory Excellence (CHRE)
London
£85k
CPA
£31,842 – £38,378pa
Charity Commision
London, Liverpool or Taunton
Moments from Battersea Park.
For sale with Winkworth
Find out about shared ownership.
See your free Experian credit report beforehand
Book now & save over £100pp.
11 cool resorts, lowest prices... Early Booking offers 15 Nov.
20% off selected Azores holidays taken in October with Sunvil Discovery
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
World Class Golf, Spa and preferential Beach Club. Private estate overlooking West Coast
Villas from £275 per night inclusive of Golf
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.