Everton Secures £350m Refinancing Deal for New Stadium
The Friedkin Group's agreement with institutional lenders significantly reduces debt costs and strengthens the club's financial stability.
- Everton's new £350m refinancing package replaces high-interest loans used to fund the construction of the Bramley-Moore Dock stadium.
- The deal, arranged by The Friedkin Group with blue-chip lenders like JP Morgan, will save the club over £50m annually in debt repayments.
- The 52,888-capacity stadium, set to open next season, has already hosted its first test event with 10,000 fans attending an under-18s match.
- The Friedkin Group, which acquired Everton in December, aims to stabilize the club's finances and support future investments in the first-team squad.
- The stadium is expected to generate £1.3bn in economic value for Liverpool and will host matches during the UEFA European Championship in 2028.