Following the contractor’s bankruptcy, Liverpool assumes management of the £80 million Anfield Road project.
Following the demise of the Buckingham Group, Liverpool has acquired control of the construction site.
After Buckingham Group entered insolvency, Liverpool took over management of the Anfield Road building site.
The contractors for the Reds’ £80 million redevelopment of the Anfield Road End, Buckingham Group, who are also working on stadium projects for teams like Birmingham City and Fulham, ceased operations and submitted a notice to appoint administrators on August 17.
With the appointment of administrators Grant Thornton, that procedure has now been completed. 446 jobs were lost as a result of the inability to find a buyer for the building, civil engineering, demolition, major projects, sport, and leisure activities, but the rail division was saved and sold to the Kier Group for £9.6 million.
Liverpool revised their hopes for a full opening of the stand, which will hold an additional 7,000 seats to take the Anfield capacity up to 61,000, for October, although that date depends on a number of circumstances. Liverpool had to play their first two home Premier League games at a reduced capacity against Bournemouth and Aston Villa.
Following the Buckingham Group’s entry into administration, the club assumed control of the construction site. As a result, work can theoretically resume right away if new contractors are found to take over the project.
