New owner of Everton Football Club agrees £350m long-term financing deal for its new £750m stadium on Liverpool waterfront. Tony McDonough reports
New owner of Everton FC, The Friedkin Group, says it has agreed a long-term financing deal for its new £750m stadium at Bramley-Moore Dock.
Totalling £350m, the funding is from a consortium of blue-chip institutional lenders, refinancing borrowing that supported the completion of the 52,888-capacity arena in Liverpool Waters.
Everton says the offering was oversubscribed multiple times, ensuring competitive terms beneficial to the club. Previous owner Farhad Moshiri had already provided hundreds of millions of pounds towards the project which began in summer 2021.
In September 2024 the US-based Friedkin Group announced it had agreed a deal with Mr Moshiri to acquire his 98.8% stake in the club. The takeover was confirmed in December and days later Everton received the keys for its new home.
The Friedkin Group is a privately held consortium of businesses and investments representing billionaire chairman and chief executive Dan Friedkin and his family. The business is based in the US and also owns Serie A side Roma.
A test event has already been held at the new stadium with 10,000 fans watching an under-18s friendly. A second event for 25,000 fans will be held on March 23 with the first team due to kick off the 2025/26 Premier League season at its new home in August.
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On Thursday Everton said: “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 £1.3bn 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.”