Industry News

Everton edging close to stadium deal, says developer

English Premier League football club Everton is close to agreeing a deal to begin work on a new waterfront stadium in its home city of Liverpool.

The Liverpool Echo newspaper reports that the club is in advanced talks with Peel, which owns the northern docklands area of Liverpool where the stadium could be built.

Peel is currently developing the district as part of the £5.5bn (€6.3bn/$6.7bn) Liverpool Waters initiative and Lindsey Ashworth, development director for the scheme at Peel, said the company is “optimistic” about adding the stadium to the wider project.

“We’re optimistic we will agree heads of terms to allow a state-of-the-art football stadium at the northern end of the Liverpool Waters,” Ashworth said.

“We’re in quite healthy talks with Everton at the moment, so it’s not finalised yet. But as Peel and as myself I would love to see a stadium on the waterfront.

“To have this as the anchor at one end of the waterfront, and then you go all the way down towards the ECHO arena… the waterfront would be a visual spectacle.

“So we’re pushing forward with it, the council are helping, and I think we’ll get to a conclusion – a good one – hopefully in the near future.”

Earlier this month, Everton chief executive Robert Elstone said the club is close to establishing funding plans for the new stadium project.