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Liverpool plans to stay at Anfield, expand stadium

Updated: October 15, 2012, 6:56 AM ET
Associated Press

LIVERPOOL, England -- Liverpool announced plans Monday to expand the capacity of Anfield, the club's home for 120 years, rather than building a new stadium.

The 18-time English champions started working on a new $800-million venue in nearby Stanley Park before owner John Henry's takeover two years ago, but it was abandoned due to financial problems.

Henry has decided that a new stadium still doesn't make financial sense, instead pursuing plans to expand Anfield's capacity from 45,000 ...

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