Liverpool managing director Ian Ayre believes fans will be happy with the decision to redevelop Anfield rather than move away.

While a new ground in Stanley Park would provide the required 60,000-seat capacity as well as increased hospitality opportunities and state-of-the-art facilities, its cost - estimated at over £300million - is prohibitive.

"I was the person who showed John around Anfield the first time they ever came to Liverpool," Ayre said.

"We were in the tunnel area at Anfield and I remember him saying to me, 'Why would we want to build a new stadium? This is like Fenway. This is the home of Liverpool Football Club'.

"We also had a duty and process we had to go through which was to study every opportunity, every solution. The right solution is one that is sustainable and is in the long-term interests of Liverpool Football Club.

"It's great that it is hopefully Anfield because I think that's what the majority of our fans want. There are still some steps to take, but we're confident they're the right ones.

"As you would expect from a financial point of responsibility, we've considered the variety of different solutions we could have, what they cost, whether they're economically viable and we're comforted with the fact we can deliver something on the site concerned."