Rick Parry insists the re-design will not delay the build, but a council spokesperson insists that any new design must go through the same application process.
Walton MP Peter Kilfoyle expressed his concerns about the announcement and raised questions about the new owners.
"I am very concerned about this," he said. "There are a lot of people in Liverpool who had put their faith in the Liverpool plans.
"I have also got concerns about how committed they are to this. For them it is business, but it's more than business for the people living in the shadows of Anfield.
"I just wish that the original plans had gone ahead, because it seems that we have gone circle.
"Great expectations have been raised and now they are reeling back in the face of economic reality."
