New Everton stadium deal defended by Mayor Anderson

Thursday, 29 March, 2018 0comments  |  Jump to last

Mayor Joe Anderson has launched an impassioned defence of the proposed financal deal that will see Liverpool City Council lend Everton money for their new stadium.

The £280m agreement is in place between the local authority and the Blues but is still awaiting full council ratification.

Anderson, who was speaking to Episode 23 of the Everton Business Matters podcast, explained the deal would earn the city £8.4m a year over a 25-year period whilst not costing the council anything.

The Mayor discussed a wide range of issues associated with Everton's move to Bramley-Moore Dock, which will cost in the region of £500m, and revealed he is in favour of the club building a new ground with a capacity close to 60,000.

» Read the full article at The Blue Room