The Everton crisis explained: how did it get to this point?

30/04/2024 19:16

Owner Farhad Moshiri once said the club was 'robust' enough to fund stadium but now it needs working capital injections

At Everton's annual general meeting in January 2019, the owner, Farhad Moshiri, made a dramatic promise.

Speaking about the club's ambition to build a 52,888-seat stadium at Bramley-Moore Dock, the club's majority shareholder pledged: "I'll throw as much money as needed. Private markets will provide £350m, naming rights will give us some more and we will maybe have an equity gap of £100m."