I don't overly disagree with your assessment on Anfield, but they'll equally argue that they're preserving their history, not overstretching themselves financially and have still been able to compete on the pitch throughout the process.
By comparison, we're fighting our third relegation battle on the trot, not had a sniff at a trophy, watching abysmal footy and if we're not very careful, might go out of business, largely because of this......?
I'm also a bit anti the comments about Walton. I like the way our stadium grows out of its densely packed community, next to a listed Victorian park, part of one of the world's greatest stadium face-offs. Yes, it's a tired area with deprivation, but I'm not entirely sure how our move necessarily helps that. Let's face it, we're currently building next door to the city's sewage plant, surrounded by acres of semi-dereliction that isn't served by a single bus route. Without the northern line (which only serves 20% of the connurbation) it would be a transport blackhole. Of course relative proximity to the city centre is the real saving grace, but let's not kid ourselves that this is the Kings dock, nor ever will be.
They have not overstretched themselves Tom because they are one of the richest clubs in the World, with guaranteed huge commercial deals/ sponsorships and European football on tap. We will never be able to compete with any of that, but we have a chance to survive if we finish this stadium, we have no choice and it's too late to stop now.