As the government inspection of its new stadium plans begins, Everton’s acting chief executive Robert Elstone has stated that leaving Goodison Park for a new home is the only way the Premier League club will be able to match England’s top teams.
In the coming weeks, Everton, backed by partner Tesco, will aim to convince a government inspector (who will report directly to the secretary of state for Communities and Local Government) to give the go-ahead for beginning construction of a new stadium in Kirkby.
The £400m decision to relocate Everton to a new home has stimulated controversy among fans as the plans involve building the stadium six miles outside Liverpool city limits and abandoning Goodison Park, which has been the club’s home for over a century.
But Elstone pointed out that Goodison’s facilities are poor compared to other top clubs, claiming it is affecting Everton’s financial gains. Arsenal, for example, brings in £3m a home game, while Everton earns £800,000.
A new stadium also seems to be essential for Everton to fulfill its quest for a buyer. Keith Harris, chairman of Seymour Pierce, the investment bank in charge of selling the club, stated that the team has been difficult to pitch to possible buyers because of Goodison Park’s condition and the fact that it is part of a two-team city.
It is believed a new stadium outside Liverpool boundaries would boost Everton’s worth in the eyes of investors.