English Premiership

New owner set to invest heavily in Everton

2017-01-05 17:46
Gareth Barry.(Getty Images)

London - Everton are determined to reestablish themselves as one of English football's top clubs with plans of major investment and a new stadium.

Speaking at a general meeting after acquiring a 49.9% stake in the club, Farhad Moshiri said that he will do everything in his power to make the Toffees more competitive in the Premier League.

He told the audience at Liverpool's Philharmonic Hall: "The gold standard is Premier League position.

"That's where Everton's competitive edge will be measured. We have a window to establish ourselves and we will do everything we can.

"Bill (Kenwright) and the past managers kept the club close to the elite.

"Now we need to look at sustainability. We need a sustainable base to be among the elite. It takes time but we are committed, that's why we are here."

While club Chief executive Robert Elstone spoke positively of the club's plans for a new stadium, it was the Mayor of Liverpool, Joe Anderson, who hinted that one possible site for the new stadium could be the waterfront at Bramley Moore Dock.

He said: "On Friday we announced £20m being spent on a road connecting into the dock site."

Elstone added: "Around about the end of April we will be announcing £6m investment that goes directly into the site we are looking at.

"Before we can move forward we need to find the answers to the uncertainties, work through the unknowns and, ultimately, present the answers that will allow the board to make the right decisions for the club.

"The next few months will be critical.....it's an exciting project that could cement the club's future and make a significant contribution to the City."

Everton next welcome Leicester City in a 3rd-round FA Cup tie to a Goodison Park Stadium that stands as one of the most traditional venues in the English Premiership and is bedded within Merseyside.

Kick off is at 17:00.


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