The Anfield club have come under increasing pressure to consider building a new stadium with the Blues from both the local media and Liverpool City Council but Parry maintains that Liverpool will be best served by continuing their plans for a 60,000-seater venue in Stanley Park.
Parry said: This is more than just a new stadium in Stanley Park, it's about the regeneration of north Liverpool itself.
"The club have been working closely with the Anfield Breckfield Steering Group and City Council for the past three years to put together a comprehensive regeneration package which addresses the needs of the wider community.
"These proposals were put to the public in an extensive consultative exercise involving 19,500 households, which resulted in a strong vote in favour of the plans.
"This is no false dawn. We are working round the clock to put the funding packages in place. We've spent millions so far in putting together a robust and deliverable project, but the timescales are now absolutely critical.
"It's vital for the City of Culture programme that the stadium is open for the start of the 2006/7 season so work can be completed on the Anfield Plaza and associated projects. We need to start building in 2004.
"That is why the planning application for the new stadium will be going to the City Council within the next two weeks, because any delays are going to make the project untenable.
"Working alongside the community, we have invested a huge amount of money and effort in putting this together and are determined to press ahead with our plans."
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