• Loading stock data...
Wednesday, July 9, 2025

Everton Breaks Ground On $694M Stadium

  • Premier League club Everton broke ground on a new stadium in Liverpool’s Bramley-Moore Dock area.
  • It will open in the 2024-2025 season.
Everton FC/Design: Alex Brooks

Premier League club Everton began construction on its new stadium, which is slated to begin hosting games in the 2024-2025 season.

The new digs will be located in the Bramley-Moore Dock area of Liverpool and eventually replace its current home, Goodison Park.

  • The project is expected to cost around $693.7 million and take around three years.
  • The new stadium will have a capacity of 52,888.
  • It’s anticipated to bring $1.8 billion to the local economy and provide 15,000 jobs.

To finance the project, the club is leaning on majority shareholder Farhard Moshiri, plus private loans, grants, and a stadium naming rights deal with Russian holding company USM.

Last year, USM agreed to pay the club $41.6 million to be first in line for the new stadium’s naming rights. The two sides later agreed to a 10-year, $277.5 million deal.

Everton lost $194.1 million in the 2019-2020 season, per Deloitte. That was the worst hit among all Premier League clubs, which collectively lost around $1.4 billion that season.

The consulting firm said that the new stadium could be “transformational” for the club.

Everton recently linked up with Miami-based Pulse Sports and Entertainment to expand its North American presence.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

exclusive

Bipartisan Effort Mounts to Repeal Gambling Tax Hike in Trump Bill

The president signed the bill into law last week.

Chiefs Delay Stadium Decision As Kansas Dangles Dome Dreams

Kansas legislators extend bonds for potential Chiefs and Royals facilities.

Liverpool to Pay Diogo Jota’s $20M Contract to His Widow

Jota had two years remaining on his contract.
Bill Ackman
exclusive

Billionaire Bill Ackman Prepares for ‘Once in a Lifetime’ Tennis Match in..

Ackman says he’s “peaking next week” at the Hall of Fame Open.

Featured Today

Jun 28, 2025; Arlington, Texas, USA; Seattle Mariners catcher Cal Raleigh (29) bats during the game between the Texas Rangers and the Seattle Mariners at Globe Life Field.

The Torpedo Bat Business Is Still Going Strong: ‘Here to Stay’

Demand for the oddly shaped bats has stayed strong across the sport.
July 6, 2025

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
July 5, 2025

Baseball’s Celebrity Row: Behind MLB’s First-Pitch Ritual

Often planned, sometimes spontaneous, the ritual throw is baseball’s celebrity row.
July 4, 2025

3,000 Hot Dogs, $20K in Prizes: Behind the Nathan’s Eating Contest

Nathan’s serves up thousands of hot dogs and $20,000 in prize money.

Browns $600M Stadium Deal Hit With Suit Over ‘Unclaimed’ Money

Ohio’s use of unclaimed funds for a new stadium is challenged legally.
July 2, 2025

Commanders’ $3.8B Stadium Deal in Jeopardy? Mayor Sounds the Alarm

Political tensions rise about delays in stadium funding approval.
Jul 3, 2022; London, United Kingdom; Jannik Sinner (ITA) returns a shot during his match against Carlos Alcaraz (ESP) on day seven at All England Lawn Tennis and Croquet Club.
July 7, 2025

Wimbledon’s Expansion Battle Looms Over Star-Studded Quarterfinals

The expansion’s loudest opposition is Save Wimbledon Park.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
July 1, 2025

$600M for Browns Stadium Sparks Cleveland Backlash, Possible Lawsuit

The awarding of public funds draws criticism and could bring a lawsuit.
June 29, 2025

The Battle Over Wimbledon’s Ambitious Expansion Plan

A classic NIMBY standoff on one of the most hallowed grounds in sports.
June 26, 2025

Bengals Strike 10-Year, $470M Stadium Deal to Stay in Cincinnati

The NFL franchise and Hamilton County have agreed to a new lease.
June 26, 2025

Browns $2.4B Stadium Plan Now Relies on Ohioans’ Forgotten Money

Ohio’s Modell Law is revised, while stadium funding faces new challenges.