Liverpool's principal owner John W Henry has revealed plans to begin a reported £150m redevelopment of Anfield.

Henry's Fenway Sports Group have been exploring avenues to improve and expand the stadium for some time, and the American said that plans were afoot to begin an ambitious expansion of around 15,000 seats, which would boost capacity to 60,000.

"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," Henry is quoted as saying in the Liverpool Echo.

"The previous regime (Tom Hicks and George 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.

"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."

FSG took over Liverpool in October 2010 when they were known as New England Sports Venutres (NESV).