A REPORT on the impact a Football Quarter would have in Walton was produced by Dr Alan Southern, senior lecturer in management at Liverpool University.
He told the ECHO: “There would be clear economic, social and cultural impacts.
“One of the key issues is the level of leadership required to deliver this. There are small group who are crucial.
“The city council, the two football clubs who are private investors and the community, with other stakeholders including schools, business and the NHS.
“These people have to drive a shared vision.
“Of importance for the clubs is to be sustainable in the Premier League – and both have had their financial problems.
“There are undoubted benefits of a Football Quarter. The fans would accept it and spend money there.
“If you go to Arsenal and walk down Islington High Street, it shows a real gentrification of that area.
“The challenge for Liverpool is to convince the private sector to invest in this area.”
Keioc’s Colin Fitzpatrick said: “The clubs were one entity who split many years ago and became a famous duopoly. This will take time and we need support.”
Dr Paul Gardner, from SOS, said: “We want supporters and both clubs to work together to find a solution for the betterment of all.”