"This new financing package is a strong vote of confidence in the Club's financial strength and a recognition of the exceptional opportunity represented by the construction of the Club's new state-of-the-art stadium at Stanley Park. The successful completion of this financing package is particularly significant in light of the currently challenging credit-market environment. With the refinancing process now done, Club supporters can look forward to the timely commencement of construction work on the new stadium and renew their focus on actions on the pitch," said unpopular co-chairman Tom Hicks.