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Fenway Sports Group will have the cash to redevelop Anfield once property acquisitions, planning processes and other issues are resolved.

That’s the pledge from John Henry to anyone doubting the Reds owners will put their money where their mouth is on ambitious £150m stadium redevelopment plans.

The club has endured a decade of failed stadium plans and broken promises under previous regimes.

But if and when ‘certainty’ with partners and processes is achieved, the cash will be there to fund it says, Henry.

Liverpool FC are working with Liverpool City Council and the Your Housing Group on a major redevelopment plan for the whole Anfield area, which is already well underway in parts of the run down district.

The Reds want to massively redevelop the Main Stand and Anfield Road stands, giving the stadium a new look and feel and crucially a capacity of around 60,000 – 15,000 more seats than at present.

It is a remoulding model successfully employed by FSG at the Boston Red Sox famous Fenway Park baseball home a few years back.

Said Henry: “We are making good progress.

“There are a lot of different groups working very well together and that’s the key to a big project like this happening, when everybody is on the same page. When everybody is on the same page, we move forward.

“I think we were clear at one point that what made financial sense was going in this direction - and this is the direction that makes financial sense for the club for a long time.

“Obstacles are being overcome.”

Henry would not speculate on when a planning application might be able to be put in saying: “We have always said you have to have certainty with regard to the properties because of the height of the stand and all of the issues regarding that. So that’s been the biggest issue.

“We need certainty on that. But we are making progress.

Added Henry: “ It is actually a positive. That’s why we are doing it.

“The previous regime (Hicks and Gillett) were talking about going out and borrowing an enormous amount of money to build an enormous new facility. That’s not what we’re doing.

“One of their problems was that they weren’t able to get financing. When this happens, financing won’t be the problem.

“Again we just need certainty with regard to these properties and the number of properties that are in question keeps getting reduced.

“The City Council is doing everything they can and that’s all we can ask. Not just the city council, but Your Housing and the regeneration.

“Everyone associated with this – we are all on the same page.”