'The right people' - Everton £350m deal draws line under years of drama that could have ended very differently - Liverpool Echo

'The right people' - Everton £350m deal draws line under years of drama that could have ended very differently - Liverpool Echo

Everton have restructured the existing debt on the club's new stadium at Bramley-Moore Dock

Everton have just handed a £50m-a-year transfer boost to David Moyes

Everton insiders say the club has gone from “payday loans” to a “sensible long-term mortgage” in a £350m stadium financing deal that will have a direct impact on the size of David Moyes’ summer transfer war chest.The new arrangement – with a consortium of blue-chip lenders that includes JP Morgan – is “decades-long” and at a low enough rate of interest to save the club as much as £50m a year in interest payments on the debt accrued building thei…

Everton receive huge financial boost over new stadium

The 52,888-seater stadium at Bramley-Moore Dock cost £800m to build but new owners The Friedkin Group have arranged a refinancing deal

Everton secure £350 million stadium financing deal

Everton have agreed a long-term financing deal for their new stadium on Liverpool's waterfront, securing a long-term funding deal to refinance the borrowing already in place on the venue.

Premier League 2024-25: What is Everton’s 350 million pound stadium financing deal?

Everton has agreed a long-term financing deal for the Premier League club’s new stadium on Liverpool’s waterfront, securing a long-term, 350 million pounds (USD 450.49 million) funding deal to refinance the borrowing already in place on the venue.

As the Times points out, the Everton closed an agreement to refinance the debt related to the construction of the Bramley-Moore Stadium, which will be fully enabled by the authorities at the beginning of the next season.