New delay for Liverpool stadium

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The announcement, which came in a club statement on Friday, is not unexpected as it has been feared for some time that American owners Tom Hicks and George Gillett were having trouble raising the funds for the £400million new ground, which will be built adjacent to the current Anfield site.

The current credit crunch is being blamed for the latest delay, even though enabling work has already started in and around Stanley Park.

The club statement said: "Our commitment to building a new world-class LFC stadium is undiminished. Like many other major development projects in the UK and overseas we are affected by global market conditions and as such work on the project will be delayed in the short term.

"We will use this period productively and revisit the plans for the stadium to increase its capacity to 73,000 seats."