Everton secures £350m financing for Bramley-Moore Dock stadium

Everton Football Club has secured a long-term financing deal of £350 million for its new stadium at Bramley-Moore Dock, with funding provided by a consortium of blue-chip institutional lenders. This refinancing is part of the strategy by new owners The Friedkin Group to stabilize the club's finances after years of overspending under previous owner Farhad Moshiri. The financing deal was oversubscribed, allowing Everton to benefit from competitive terms and lower interest rates, which could save the club significant amounts annually. The new stadium, which has a capacity of 52,888, is anticipated to generate an additional £1.3 billion for the local economy and has been selected as a venue for the UEFA European Championship in 2028. Following the recent takeover, three test events have already taken place, with the first team set to begin its new season at the stadium in August 2025. The project has an estimated total cost of £750 million, with the Friedkin Group's financial support enabling a more manageable debt structure for the club.