Liverpool chief executive Rick Parry has revealed that the club have been forced to scrap the futuristic design for their new stadium.

Parry insists this was because of spiralling costs, not due to the 'credit crunch' in America and he sought to reassure fans the club remain confident a new stadium will be delivered on time.

Parry said: "We are now considering two schemes but the stadium will be a 70,000-seater.

"The new stadium will be a significant improvement on the original plans and a slightly downgraded version of the new ones.

"And 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.

"The single tier Kop remains fundamental to the design and we are not expecting any delays - it should be on schedule for 2011."

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