Everton have just agreed 'excellent' stadium deal - Keith Wyness

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Everton have made moves to improve their financial position since the arrival of The Friedkin Group (TFG) as their new owners.

The Merseysiders have reshuffled their boardroom, with Angus Kinnear set to arrive as the new permanent CEO and long-serving chief commercial officer Richard Kenyon departing.

Meanwhile, Everton's owners want to take a US-style approach towards matchdays at the club’s new stadium as they aim to boost their revenue.

Deloitte's 2025 Money League revealed the club's turnover rose from £172million in 2022-23 to £183million last season.

Everton’s former chief Keith Wyness – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – insisted TFG’s latest move is “excellent news”.

TFG secure long-term, low-interest JPMorgan loan for Everton

The Athletic reported on 6 March Everton have now agreed a £350million refinancing package for their new stadium with financial giants JPMorgan.

Speaking on the new edition of Football Insider's Inside Track podcast, Wyness insisted the debt from the stadium’s construction has been pushed out to “a more manageable period of time and a better interest rate”.

RankingStadiumCapacity
1Old Trafford (Man United)74,197
2Tottenham Hotspur Stadium (Tottenham)62,850
3London Stadium (West Ham)62,500
4Anfield (Liverpool)61,276
5Emirates Stadium (Arsenal)60,704
6Etihad Stadium (Man City)52,900
7Everton Stadium – when open (Everton)52,888
Everton will have the seventh-largest club ground in England when their new stadium opens.

The Bramley-Moore Dock stadium is widely reported to have cost Everton around £750million.

Wyness told Football Insider's Inside Track podcast: "This is prudent, good housekeeping from The Friedkin Group.

"They've taken the debt from the stadium and pushed it out to a more manageable period of time and a better interest rate.

"I'm guessing it's gone from 10-12% down to around 7% – possibly lower if they've got it right.

"JPMorgan did the deal for them.

"It's excellent news and it makes sure the club is on a stable footing.

"The stadium is looking like the asset it should be and any interest payments won't be too burdensome.

"It's very good news overall."

Doucoure is currently in the final year of his Everton contract. (Credit: Imago)

Everton to negotiate Doucoure deal

Meanwhile, Football Insider revealed on Monday (10 March) that Everton are set to renegotiate terms with Abdoulaye Doucoure after declining to activate his one-year extension clause.

It is believed the Merseyside club will seek to reduce Doucoure's wages in a renewed contract.

His current deal is set to expire, like Calvert-Lewin's, in June.

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The post Everton have just agreed 'excellent' stadium deal - Keith Wyness appeared first on Football Insider.

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