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Co-owner Gillett claims Liverpool's finances healthy

George Gillett, the Liverpool co-owner, has claimed that the economic situation at the club has "never been stronger" despite the limited transfer funds given to boss Rafael Benitez this summer and by the lack of progress on building a new stadium. "The club is in outstanding shape," Gillett told The Times.

"Economically, it's never been stronger. We just paid down our debt very substantially. We have less debt per dollar than any club in the league."

Gillett added that he was "probably" at Liverpool for the long term, but "if someone gets beamed in who's got bags of money, things may change".

As for a new stadium, Gillett said that the plans would be revived "as the world economy gets better - if and when it gets better".

"We were going to build an iconic stadium previously," he said.

"The world economy has certainly suggested that that would be a good suggestion. But in the normal world, building a stadium in the 65,000 to 75,000 seat range - we would look forward to that."

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