Liverpool have been given the go-ahead from the city council to build a new 60,000 all-seater stadium.
Leaders from Liverpool city council have approved a 999-year lease for a strip of land in the city’s Stanley Park, just 300 yards away from their current Anfield home.
“It’s all systems go. All we need now is the club to confirm the funding,” said council leader Warren Bradley.
Liverpool have been given until the end of September to convince the council it can come up with £180m for the project.
If financing is approved, building work could begin early next year with the stadium set to open in time for the 2008-09 season.
Bradley added: “If Liverpool have the funding in place, they can start on the site from January.”
Costs for the project have soared since a new stadium was first mooted several years ago. There had been suggestions that Liverpool should share the costs of a new ground with city rivals Everton, and indeed the council originally wanted both clubs to be involved in the scheme. However, with Everton unable to raise funds for the project, the Anfield outfit will now go it alone