Liverpool chief executive Rick Parry says spiralling costs have forced the club to ,scale back plans for a futuristic new stadium.

The Reds are still committed to building a new 70,000-capacity ground.

But Parry said the design would be "slightly downgraded" from plans released earlier this year.

"It will be a massive improvement on where we were 12 months ago, if not quite as dramatic as the plans unveiled in the summer," said Parry.

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