New homes plan for Bellefield.
The club launched a public consultation exercise at the weekend with residents in West Derby about building 82 homes on the site.
In 2008 Liverpool council blocked the club's plans to develop the site after some 220 residents objected to the proposals.
They were mainly concerned about increased traffic, extra pressure on local schools, doctors and dentists, and the loss of open space.
The club appealed against the decision but the case was dismissed.
The inspector said there was nothing to suggest the plans would have a detrimental effect on living conditions, but also examined the principle of residential development having regard to loss of green space, housing and land supply matters.
However, the new coalition government has indicated it plans to rip up the Regional Spatial Strategy, which could give new hope to the football club.