Everton have agreed a deal with Liverpool City Council for a £300m new stadium. Liverpool City Council said it would act as a guarantor to help Everton secure funding for the project.
Liverpool City Council who will 'securitize' any funding are believed to net £4.4m every year from the stadium. It will not cost tax payers any money to do this.
"To get that certainty, and ensure the stadium is affordable, we need to confirm stadium design, capacity and configuration."
Prior to their move to Goodison in 1892 Everton Football team played at Anfield.
Everton Football Club and landowners Peel Holdings have reached agreement on the Bramley Moore Dock site near the River Mersey.
Liverpool Mayor Mr Anderson stated "It is also a fantastic deal for the city because it helps us revitalise north Liverpool," he said, adding: "It will be a catalyst for that particular area."
There are a few names floating around twitter for the new stadium name with the favourites being the Scallianz arena, San Giro, Skemirates, and the Ketihad.
Whatever it is named I'm sure it's the way forward for the club as Koeman strengthens the squad with targets of regular European football.
In that the owner Moshiri will want a return on his investment and the only limiting factor will be corporate sales and the current 39,572 capacity.