LORD’S will undergo a £61.8million revamp after redevelopment plans were approved.

The home of English cricket will see its capacity increased by 1,100 to 32,100 seats thanks to work on two stands.

Construction is due to begin at the end of the current season in September and be completed in 2027.

The Allen Stand will be demolished and rebuilt with an extra tier.

And a fourth level will be added to the Tavern Stand.

Marylebone Cricket Club (MCC) members voted through the plans last week.

The MCC says work will also improve catering, hospitality and accessibility at the iconic ground, which opened in 1814.

In 2021, a £53m project improved the Compton and Edrich stands

Middlesex County Cricket Club, who are a tenant at the MCC-owned venue, said that they could leave after 160 years earlier this year.

Chief executive Andrew Cornish told The Times: “We have had – and continue to have – conversations with several groups of potential investors.

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“London also actually needs another elite cricket facility.

“If you look at the Harlequins model, they play most of their games at the Stoop, but for big games go to Twickenham.

“When Arsenal women go to the Emirates they fill it out, but most of the time they’re not playing there. There’s definitely a model there to be considered.

“Things do become available and there are a couple of potential opportunities now.

“There are a lot of people looking at cricket as an investment opportunity right now. Our global reach is enormous.”