Steven Gerrard says it is 'fantastic' news that the Reds have announced their preference to redevelop Anfield rather than move to a new stadium.

The club, alongside Liverpool City Council and Your Housing, revealed their hope that regeneration of the Anfield area could be achieved and discussed their plans for moving forward.

Gerrard was as keen as anybody to hear the news, and explained his delight at the decision. "I'm really pleased. I've had some special occasions at Anfield and so have the club," said the skipper.

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"If they are going to spend all that money on Anfield and improve it, then fantastic. I'm very happy at that news."

The Reds' No.8, currently away on international duty with England, cited the history surrounding the stadium as an important reason for Liverpool to remain at Anfield.

"It is major news for the club. It has been on everyone's lips for a number of years now, would we move away from Anfield or reinvent Anfield?" Gerrard added.

"I've been like everyone, waiting for the verdict on that, and it looks like it is going to be Anfield, which is great.

"A lot of history and important things have happened at Anfield and I think it is fantastic Liverpool are staying there."

(CD/GK)