By Everton Football Club has secured a £350 million ($450.49 million) long-term financing deal to fund its new stadium at Bramley-Moore Dock on Liverpool’s waterfront. The financing, agreed with a consortium of blue-chip institutional lenders, will refinance the existing borrowing that supported the stadium’s construction.
Everton’s new owners, The Friedkin Group, confirmed the deal, highlighting that the financing was oversubscribed multiple times, securing favourable terms for the club.
The Friedkin Group, which also owns AS Roma, completed its 98.8% takeover of Everton in December, purchasing Farhad Moshiri’s majority stake.
The 52,888-capacity stadium hosted its first test event on February 17, with an Under-18 match between Everton and Wigan Athletic, attended by 10,000 fans. Everton’s first Premier League match at the new venue is set for August.
