Not sure what the issue is but surely it is a no brainer really to renovate Anfield. It isn't just about the cost, which just so happens to be over half the price of a new build.
It's common sense. If you already have a unique asset (history, atmosphere, teams familiar surroundings etc) you can redevelop to modern standards then you would be a fool to want to demolish it and spend another £500M to build a brand new one.
It's also prudence that we are doing so in phases. Enabling a deeper look each time we do redevelop, but also pay back on investment is smoother and the net effect on the team isn't nowhere near as great.
With the Arsenal talk we are going off tangent but surely anyone anywhere can see that they had to sell off their best players (RVP, Adebayor, Henry, Fabregas, Ashley Cole etc) to balance the books.
I'm more interested in the speed in which they (FSG) do the redevelopment. Currently a little slow but if they have a master plan for the whole stadium which it looks like they do then it is a win win situation. The slow wrap around of that reddish brick is working it's way round. A little more rustic and darker would look better.
The Kop development is where it is at. Will FSG have the courage, ambition and long term interest to develop that. If they do, and it gets done with a realignment of WBR and traffic solutions then really it has been a great achievement.