Former club owner Simon Jordan has made some exciting claims on the financial future of Everton.
The former Crystal Palace owner has predicted that the club could earn as much as an extra £16 million in revenue per season as a result of the club’s new stadium development.
The club recently confirmed that the first phase of construction on Everton’s new 52,888-seater stadium is due to begin at the end of this month in a historic first step for the club’s ambitious project.
Expected to come at a cost of £500 million, the state-of-the-art facility will see Everton moving out of their ancestral home of Goodison Park, where the Toffees have been settled since the 19th century.
Jordan was keen to talk up the scale of the benefits of the new Bramley-Moore Dock stadium situation on Merseyside’s waterfront.
“Everton moving into a new stadium will give them 14,000 more fans per game which probably gives £10-16million in extra revenue per season,” said Jordan on talkSPORT on Tuesday [6/7/2021, 12:51pm].
“It puts them in a place where they’ve got a purpose-built stadium for the 21st century.
“Despite Goodison Park being a wonderful stadium that I’ve been to on many occasions, like most of these stadiums they were built at a certain time, the world has moved on and the expectation of how you watch football.”
Read Everton Verdict
Everton’s decision to invest in the new stadium is a statement of intent from Farhad Moshiri.
It re-asserts the tycoon’s investment in not merely a literal sense but as an owner deeply imbued with wanting success for the club.
Away from the field and over to the club’s balance sheet, expanding the stadium yields multi-faceted benefits.
Be it the increased capacity for fans, improved corporate and hospitality-based functionality and a wider multiplier effect for Liverpool, Jordan is right to excite fans over the potential financial benefits the development will bring.
