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Fenway Sports Group president Mike Gordon has described the new-look Anfield as a “very large step forward” - but says increased revenues won’t lead to a change in Liverpool’s transfer strategy.

The new Main Stand is expected to generate an extra £25million per year with the 8,500 extra seats increasing capacity to 54,074.

However, Gordon says it’s not about trying to match the spending power of clubs like Manchester United, Manchester City and Chelsea. He’s more interested in seeing talent develop as Jurgen Klopp looks to get the most out of what Gordon believes is a Liverpool squad packed full of talent.

Asked if the revenue from the new Main Stand would level the playing field with their rivals, Gordon said: “I don’t know if I’d say it’s a game changer. It’s a very large step forward and it will help.

“Whether it will mean that we’re going to spend along the lines of Manchester United, Manchester City, Chelsea or Arsenal, I worry more about getting the most out of the money that we spend rather than competing in the transfer market on a pound for pound basis.

“Wins and losses are made here (points to the pitch), not in the transfer market. I’m really happy with the team that we have, the one that we’ve built over the last several years.

“We’ve spent a fair amount of money, and I think we’re going to see that on display this season and in the seasons to come.”