The football club has completed the sale of its Melwood training ground, which has planning permission for up to 160 homes, to housing provider Torus.
The training ground will become vacant when the club moves to new facilities in Kirkby next year; the 12-acre site off Melwood Drive between Croxteth Park and West Derby Golf Club secured planning permission in December 2017.
Torus’ plans are still at an early stage with a public consultation due to be held in the coming months. Torus currently manages around 40,000 homes across the North West including 1,600 in the West Derby area.
Andy Hughes, executive vice president, operations and finance at Liverpool FC, said: “Today marks another significant milestone in this hugely important and ambitious project.
“It is with a heavy heart that we announce the sale of the Melwood site having played such a significant role in the club’s history. But the site is limited in terms of space and is unable to accommodate the club’s ambitions for a new first-class combined training facility.
“It’s over two years since we started this journey and we’d like to thank everyone who has been involved, particularly local residents in West Derby for their feedback and patience during this tender process.
“All funds from the sale of the Melwood site will be reinvested back into the first-team squad and the state-of-the-art training centre at the new Kirkby site.”