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By ESPN Staff

Liverpool set to take step closer to new stadium

Liverpool expect a major step forward on Friday in their dreams to build a new stadium near to Anfield in Stanley Park.

The city council's executive board will recommend leasing a section of the park for the stadium, and if the decision is rubber-stamped, the club could start building work early next year with the first game possible at the beginning of the 2009-10 season.

The club will have to come up with their own part of the deal, a privately-funded £180million to build the stadium, and they have until the end of the month to satisfy the council that is possible.

That will trigger £240million of public funding for the regeneration of north Liverpool which would include improving the infrastructure around the new stadium site. A 999-year lease to the club for the land is being proposed.