Everton news as loan deals being finalised for Bramley Moore Dock stadium in next two weeks
Loan deals are set to be finalised over the next couple of weeks to help Everton complete the Bramley Moore Dock Stadium, according to Ian Birrell.
Reporting for the Daily Mail, the journalist shared that if those were to fall apart, the future would look very grim for the fans as the turmoil continues on Merseyside.
Talks are also said to be ongoing with a group of American minority investors, which may be a hint of the direction that Farhad Moshiri wants to take in the coming years.
Writing in the Daily Mail print edition [21 January, pg. 117], Birrell shared the latest on the club’s financial deals behind the scenes as they try to move forward.
“I gather loan deals are being finalised to ensure the stadium’s completion over the next couple of weeks – but if these fall apart, along with talks involving another group of US minority investors, the future looks grim for those of us that really care about the club,” he wrote.
Finally.
It looks as though progress is being made, after months of being force-fed the same narrative.
Moshiri came out and admitted this month that the Bramley Moore Dock stadium will actually cost £760million, much more than the £505million that was originally quoted.
So, it was no surprise to see the owner pushing so hard for outside investment, something that looks to be happening soon, although “loan deals” will most likely require repayments down the line.
Depending on interest and other things, this could be a hefty bill for Moshiri, which may bring into play the minority investors from the USA, who will no doubt be told about these potential debts.
Everton are in a mess right now, new stadium or not, and if these two developments do not go through as expected, it could get even worst, something most of us thought was not possible.
All eyes are on Goodison Park.