According to Alan Myers, Everton may actually be ‘in credit’ for £100 million.

The Sky Sports writer debunked rumors about the club’s financial situation on Twitter by arguing that they had instead overpaid for the new stadium thus far.

The 2024–25 season will be the first to be played in Everton’s new Bramley–Moore Dock stadium; the Toffees are presently playing their final season at Goodison Park.

After 131 years at Goodison Road, there is a lot of excitement about the new stadium, but there has also been a lot of concern about the expense.

Farhad Moshiri has found it difficult to finance the club’s operation and the construction of the new stadium on his own, and he has thus far had to take out loans. He is now looking to transfer the obligation to 777 Partners.

There are, however, serious concerns about the Miami-based investment company’s ability to pay for the additional funds necessary for the stadium to complete the takeover, as well as all of Everton’s obligations.

Has Everton’s Bramley-Moore Dock stadium caused them any problems?
According to Myers, the Toffees are actually £100 million in credit, contrary to recent rumors that said they had completely ran out of money and could have to file for bankruptcy.

Myers wrote on his Twitter account: “I think the stadium project is about £100 million in the black.

It’s what I’ve been informed by someone who should know, which is completely false to rumors that the club lacks funding.

Everton’s financial status is somewhat hazy, but it is obvious that they are having trouble given the absence of financial support during the summer transfer window.

The stadium is a major factor in the club’s difficulties, but once more than 50,000 spectators can enter it each week, it might become a significant asset. To fully benefit from the situation, Everton must avoid being relegated, though.