The club aims to start building the stadium later this year

The Premiership club wants to build a 60,000 seater stadium in Stanley Park - next to its current Anfield ground.

The �140m project includes demolishing rundown terraced houses and replacing them with new homes while �11m will be spent on revamping the park.

This includes improvements to the park, monkey houses and the boating lake.

Some residents are angry that part of Stanley Park will be lost

The plan has attracted opposition from some residents who are angry that part of the park will be lost.

But Anfield councillor Robbie Quinn said the project would benefit the whole community, not just Liverpool FC.

He said: "You have to look at the overall benefits which this community can gain from a total package of regeneration and not just look at a club issue versus a park issue.

"It's a community issue and the community are set to gain by the proposals as a whole."

The city council approved the plan for the stadium in July 2004 and was later approved by Deputy Prime Minister John Prescott.

The club says it hopes to start building the new stadium in the spring, with the ground opening its doors in 2007.