"Ground share is not being considered. With the financial markets in the turmoil as they are, any major construction project at this time is difficult, it is risky," the Reds' Chief Executive told BBC Radio Five Live.
"It is a case of a delay while things settle down, it is still a very, very good long term project. The economics of it still make underlying sense.
"I do not see any change in direction or any change in plans, and ground share is not back on the agenda.
"The point is, at this moment it is not the most sensible time to be borrowing huge amounts of money with the markets in turmoil. That will settle down and availability of money will increase.
"The project makes long term sense, it is the supply of money that is an issue, that will correct itself in time."