English Premier League club Everton F.C. have agreed a long-term £350 million financing deal for their new stadium at Bramley-Moore Dock on Liverpool’s waterfront.
ESPN said Everton’s new owners, The Friedkin Group, agreed the funding with a consortium of blue-chip institutional lenders and it will see the refinancing of debt that supported the completion of the 52,888-capacity Everton Stadium.
Everton said the offering was oversubscribed multiple times, ensuring competitive terms beneficial to the club.
The 52,888-capacity Everton Stadium is a football stadium at Bramley-Moore Dock in Vauxhall, Liverpool, England, United Kingdom that will become the home ground for Everton F.C. ahead of the 2025-2026 season, replacing Goodison Park.
The financing is part of The Friedkin Group’s commitment to strengthen and stabilise the Club to provide the foundations for on-pitch success. The Friedkin Group also owns Serie A club AS Roma.
The Texas-based Friedkin Group announced in September that they had reached an agreement to buy Everton, with the 98.8% takeover completed with Farhad Moshiri’s Blue Heaven Holdings selling its majority stake in December.
The new stadium hosted the first of three test events on February 17 with an Under 18’s match between Everton and Wigan Athletic in front of 10,000 fans.
The Toffees will host their first competitive Premier League game at the venue in August.
As well as providing a new footballing home for Everton, the stadium will be a multi-purpose venue and cultural asset for the city of Liverpool, which is estimated to generate an additional £1.3billion of value for the local economy.
The stadium has already been selected as a host venue for the UEFA European Championship in 2028, with a strong pipeline of additional revenue-generating non-football events in the works.
Everton received the keys for its new home in December, just days after the completion of a takeover by The Friedkin Group.
The fit-out of premium lounges and bars is now taking place, in advance of a formal opening for the start of the 2025/26 season.
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