Former Everton manager Keith Wyness thinks new owner Dan Friedkin will give the team more money to finish building the new stadium.
The 66-year-old, who ran a football consultancy advising elite teams after serving as CEO at Goodison Park from 2004 to 2009, said the stadium project is going well in an interview with Football Insider’s Inside Track podcast. He visited the site recently.
Everton began construction on the project in 2021, and it is anticipated that the team would relocate from Goodison Park in time for the 2025–2026 campaign.
Even though the new stadium was initially estimated to cost about £500 million, the Merseysiders now anticipate spending almost £800 million on it.
Speaking to Sky Sports on August 14, CEO Colin Chong acknowledged that the club should now be able to “self-fund” the remaining portion of the project, since the earlier uncertainty surrounding the takeover hasn’t affected the stadium development.
However, on October 1st, The Liverpool Echo stated that potential owners The Friedkin Group will intervene to provide Everton the money it needs to finish the development.
Dan Friedkin moving money around after Everton stadium reveal
Wyness has insisted that will just be Friedkin moving money from one pot to another. He told Football Insider‘s Inside Track podcast: “I think I understand that both Colin Chong and Everton were saying that there was enough money in place to finish the stadium.
“I think all that Friedkin’s doing is moving money from one pot to another pot and saying ‘There’s now more money going in longer term’, but I don’t think there are any issues. “I think the stadium’s definitely in great shape. “I went and saw it myself at the weekend for about the fourth time, it’s looking fantastic. “I think the club is in good shape.
“The sooner we get this done and on to business the better, but still it’s going to take until at least the very earliest mid-November possibly into December. “I think things are going well and I’ve got no concerns at the moment about this particular transaction.”
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