Everton are set to build a statue of the club's 'Holy Trinity' as a permanent tribute to the Blues legends.
Liverpool council have granted permission for a sculpture of former Toffees trio Howard Kendall, Alan Ball and Colin Harvey near the Goodison Road side of the club's ground.
The plans will see City Road pedestrianised outside St Luke's Church, with three bronze figures of the footballers mounted on a plinth.
A statement submitted by Everton says they have 'for a long time wanted to honour three of the club's greatest footballing legends'.
Everton handed potential Yerry Mina boost as Barcelona announce new signing © Provided by Trinity Mirror Shared Services Limited
It says: "Although past tributes to the players like the huge mural on the Goodison Park Main Stand gable have been well received, the club wanted a more permanent reminder of the trio and their contribution to the club."
The plans will see part of City Road pedestrianised outside St Luke's Church to provide space for the statue and people wanting to view it.
Original proposals would have seen the statue placed on the existing traffic island between Goodison Road and City Road but concerns over safety given the roads running through the area led to the current plans.
The sculpture will see bronze sculptures of the three club legends back to back on a triangular plinth.
The midfield trio played for the Blues in the late 1960s and early 1970s, forming part of the squad which won the First Division title in the 1969-70 season.
Tom Murphy, the sculptor responsible for the club's tribute to Dixie Dean at the Park End Corner, has also been commissioned to model the Holy Trinity sculpture.
Everton look set to move from Goodison Park should a proposed stadium at Bramley Moore Dock get off the ground but Liverpool mayor Joe Anderson said last month he was confident the club will remain committed to the area around the current stadium.
Mayor Anderson told a council meeting in June: "Everton Football Club are committed to remaining in L4, within the community, and have committed to develop around the stadium.
"They have made that commitment already and have engaged with the community.
"They want to retain a staff and presence there."