The Merseyside club have taken a big step towards competing with the football powerhouses today by starting plans to build a brand new stadium at Bramley Moore dock which is expected to be complete by 2022.
The cost of this project will reach a massive 500 million pounds according to Bill Kenwright, the chairman of the club which a football correspondent of the times, Paul Joyce stated in his tweet recently.
Bill Kenwright, Everton chairman, confirms stadium project will cost £500m
— paul joyce (@_pauljoyce) January 9, 2018
In Everton’s Annual General Meeting held on Tuesday, chief executive Robert Elstone made a claim that the city council will provide most of the funds for the project.
He also went on to state that even though a lot of effort has been put into the advancement of the stadium over the past year, more has to be done.
Elstone said: “Much work, time and resources have gone into advancing the stadium project over the past 12 months but there is much still to do and if there was one enduring message to take away from tonight it is that whilst we are fully committed and optimistic, there are still hurdles to overcome”.
Farhad Moshori, the majority shareholder of the club said: “We have to have a stadium and we will have a stadium. When the building work starts will be the proof of the pudding and we want to get to that stage. This is something Everton need, we need to have a better stadium.”
The architect of this historic building is Dan Meis according to Liverpool Echo and this will be a step in the right direction for Everton football club.