Liverpool's chief executive, Rick Parry, has said his club must move to their proposed new stadium as soon as possible to keep financial pace with their Premier League rivals.
Figures released on Monday showed Arsenal's move to the Emirates Stadium has driven a near 50% increase in turnover with operating profits for the year ending May 31 up 274%.
Liverpool's plans for a new stadium in Stanley Park are still on the drawing board but they aim at an opening in 2010.
The only reason we want the new stadium is to generate extra revenue. It's not about building monuments or vanity, it's about hard-headed common sense to generate more revenue to enable us to be competitive."