Everton laugh off new stadium development as 'financial fall-out' emerges
Everton have “laughed off” claims that the club could face a Premier League investigation into their new stadium amid a “financial fall-out” at Goodison Park, according to the Daily Mirror.
The Toffees are currently building their new stadium at Bramley Moore Dock along the river Mersey in Liverpool.
Due to open for the 2024-25 season, there are seemingly complications surrounding its development, with The i (27 March) reporting that the FFP charge from the Premier League is now the latest issue complicating the long-awaited investment in Everton and the new stadium.
“Everton have laughed off claims that the opening of their new stadium may be hit by a Premier League investigation into club finances,” according to the Daily Mirror (29 March, page 57).
“Reports suggested over the weekend that the stadium they are building on the banks of the Mersey could be hit because of the financial fall-out from the recent charges over Profit and Sustainability rules.
“But the Blues have pointed to the fact that infrastructure costs are not included in the regulations covering financial sustainability, and the funding for the new ground at Bramley Moore Dock, which is due to open for the 2024-25 season, has been funded independently.”
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Everton have had enough issues this season, both on and off the pitch, with the latest saga proving to be an unwanted distraction as club football returns following the international break.
There could, of course, be further complications with finances should the Toffees suffer relegation from the Premier League, with all clubs in the division rewarded generously for their participation.
It would be a major shock to all associated with Everton should they drop down a division, but it is definitely a possibility, particularly given how the club have flirted with relegation in recent times.
New manager Sean Dyche has, however, steadied the ship somewhat at Goodison Park, and the boss will be keen to be playing top flight football in the new stadium, if and when the opportunity arises.
Everton were “shocked” by the FFP charge, but certainly have a different attitude to this latest development, whereby they have laughed it off.