Mayor Joe Anderson is confident the city council will not have to repay an £8.2million European grant in the wake of Liverpool's decision to abandon plans for a new stadium.
On Monday the club confirmed they were to push ahead with a redevelopment of Anfield on the back of a regeneration plan for the wider area.
"We are looking at the option of using the money in the wider regeneration sense, and I don't believe we will have to pay it back," Anderson told the Liverpool Echo.
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