Finance Expert reacts as Everton bill could hit hundreds of millions for Farhad Moshiri
We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive columnist. Each week he’ll be giving his views on the biggest talking points at Everton...
Dan Plumley has insisted that something would have to go “majorly wrong” for Everton to be hut by a bill worth hundreds of millions over the Bramley-Moore Dock Stadium.
It comes after the Guardian reported that if the new stadium is not built, the site would have to be returned to its original state and money would be owed by Farhad Moshiri.
Plumley admitted that although there have been funding issues, he can not see the stadium not being completed at this stage after so much work has gone through.
“I still think it is highly unlikely at this stage,” he exclusively told Goodison News.
“It’s in there as a worst-case insurance policy and may that has only come to light in the most recent set of accounts, maybe that’s been added in over time given the back story to this, we don’t know.
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“It’s in there, for whatever reason. I think the logistics of the stadium build have been tricky as well because few football grounds are ever built over water so that’s a factor to bear in mind as well as funding.
“So, the clause is there, I just can’t see a situation where by at the minute, I know there has been issues with funding, but I can’t see that stadium not being completed, it’s going to happen.
“Something would have to go majorly wrong for it not to go through to completion.”
With more funding still technically needing to be found by Moshiri, this cannot be 100% ruled out as things stand, although it would be catastrophic.
Given that the work is continuing at full steam ahead, there is no indications that money will not be found though, and we can all still look forward to a brand new world-class Everton stadium.