Buckingham Group, which was overseeing the build of the Anfield Road end, announced last week that it could no longer continue trading
Until last week, it was considered to be one of the leading building contractors in the UK, employing more than 500 people and posting an annual turnover of £665million in their most recent accounts. A big hitter.
Buckingham began the work at Anfield in September 2021, with Jurgen Klopp planting the ceremonial first spade on a project that would build a new upper tier and increase capacity by 7,000. “If Buckingham does enter into administration, then we’ll need to address any delays that may arise from completing the new stand as a result of that.”Liverpool’s need to complete the work on the Anfield Road end is pressing, with the increase in capacity bringing with it a sizeable boost to matchday income.
“If you had a sniff that your contractor had problems, then you might have started to look around for alternatives. They might have seen this coming a month or two ago.” “There’s that financial option to help the contractor out, but it’ll cost more. On the assumption they can’t solve it that way, which is likely given the point we’re at, the client has three options in reality.
The Buckingham Group was given the contract to demolish and rebuild the Riverside Stand at Craven Cottage in 2019 and, four and a half years later, it remains incomplete.and, although not by name, was cited as the reason for a £14.1m deficit being carried in the Buckingham Group’s last set of accounts. The rebuild had been “priced and planned pre-pandemic” and also suffered badly from the collapse of a major subcontractor in February 2022.
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