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£200m Bramley Moore Dock stadium naming rights update as Everton partners strike major deal

It will probably take some time before Bramley Moore Dock feels like Everton’s spiritual home, but the new stadium will be hugely more lucrative at a time when the club badly needs it.

Dan Friedkin’s imminent takeover of Everton will resolve their immediate cash flow 💃issues and arrest the nagging anxieties over the club’s complex debt si༺tuation.

Photo by Fabrizio Corradetti/LiveMedia/NurPhoto via Getty Images
Photo by Fabrizio Corradetti/LiveMedia/NurPhoto via Getty Images

Friedkin is in talks with JP Morgan with a view to restructuring and simplifying the various loans and credit facilities that the previous regime led by Farhad Moshiri took on.

Much of that debt was taken on the cover the construction of the new stadium on Bramley Moore Dock. Looking back in years to come, that will be Moshiri’s legacy at Everton.

In the short term, however, the British-Iranian billionaire has left them with a Profit and Sustainability Rules (PSR) hol♌e to fill, with the club having already been sanctioned and do🦄cked points for two breaches.

Profit and Sustainability Rules explained. PSR used to be known as FFP, or financial fair play.

A third PSR hearing awaits Everton regarding their capitalisatio🌜n of interest payments on loans for the Bramley Moore project, which could – in theory – lead to more sporting sanctions.

And with Everton having lost £89m in the last recorded financial year and, according to football finance expert Swiss Ramble, projected to🧸 have lost around £61m i🅷n 2023-24, the problems aren’t over just yet.

Sean Dyche’s side won 4-0 last time out against Wolves but are sꦏtill flirting with t𒅌he bottom three, and relegation would be cataclysmic for the club.

Position Team Played MP Won W Drawn D Lost L For GF Against GA Diff GD Points Pts
10 FulhamFulham15 6 5 4 22 20 2 23
11 TottenhamTottenham15 6 2 7 31 19 12 20
12 NewcastleNewcastle15 5 5 5 19 21 -2 20
13 Man UtdManchester United15 5 4 6 19 18 1 19
14 West HamWest Ham15 5 3 7 20 28 -8 18
15 EvertonEverton14 3 5 6 14 21 -7 14
16 LeicesterLeicester15 3 5 7 21 30 -9 14
17 Crystal PalaceCrystal Palace15 2 7 6 14 20 -6 13
18 IpswichIpswich15 1 6 8 14 27 -13 9
19 WolvesWolves15 2 3 10 23 38 -15 9
20 SouthamptonSouthampton15 1 2 12 11 31 -20 5

Ho𒅌wever,🌳 the move to the new stadium will, if managed correctly, be the Toffees’ salvation.

Goodison Park’s value 💯to supporters is worth far more than its financial utility alone and it will be the most emotional of goodbyes at the end of the season, of course.

But as a business asset, it is one of the worst revenue generating stadiums in the Premier League, with the club earning less than £1m per matchday at the 39,572-c♚apacity ground.

It isn’t just ticket🅷ing revenue where the difference will be made – commercial income is huge too.

Naming rig꧟hts is a big potential earner, and there have been fresh developments on that fro♒nt this week.

Everton naming rights agency gets fresh investment

As TBR Football has previously reported, Everton are working with the Elevate sports agency to find an appropriate ওnaming rights partner for Bramley Moore Dock.

Infographic explaining the value of naming rights in football, for stadiums, training grounds and more

The value of the stadium to sponsors has been widely debated, but Liverpool University football finance lecturer Kieran Maguire has told this site that Everton’🥃s naming rigꦅhts could be worth £20m per year.

With CEO Colin Chong having said that the club are looking for a minimum 10-year deal, that would be £200m worth of guaranteed revenue for Evert🍸on.🎃

Incidentally, Chong has revealed that the club’s commercial 🗹department have fielded several offers for 🧸the rights to have their brand associated wit the new arena.

Photo by PAUL ELLIS/AFP via Getty Images
Photo by PAUL ELLIS/AFP via Getty Images

And Elevate may now have more resources to💯 throw at securing top dollar for a naming rights deal after they fresh investment from hospitality🐈 titans Levy.

In a situation emℱblematic of how small the world of football business is, other Elevate shareholders include Arctos (investors in Liverpool owners FSG), 49er Enterprises (owners of Leed🧜s United), and Harris-Blitzer (co-owners of Crystal Palace).

How much will Everton earn at Bramley Moore Dock?

Wiꦬth Everton ready to receive the keys to Bramley Moore Dock, just how lucrative will tꦡhe new stadium be?

By capacity, it will be the seventh largest stadium in the Premier League, behind Old Trafford, the Emirates Stadium, the To🐷ttenham Hotspur Stadium, Anfield, the London Stadium and the Etihad Stadium.

Infographic sowing the matchday incomes plus stadium capacities and planned upgrades in the Premier League, featuring Newcastle United, Chelsea, Liverpool, Manchester City, Aston Villa, Leeds United, Tottenham, Arsenal and Everton

A crude pro-rata calculation based on their current matchday income and the capacity of Goodison Park would suggest𝔉 that Everton’s matchday takings will increase from £17m to £23m.

However, that does not take into account t𒐪icket price🐼 rises and the increased hospitality focus, as well as other commercial elements of the stadium.

Photo by Alex Livesey/Getty Images
Photo by Alex Livesey/Getty Images

In rea𒆙lity, matchday income will probably be closet to £50m, making them the biggest earners 🐼outside the so-called Big Six.

And that is before a 🧸naming rights deal is taken into account, not to mention💟 less quantifiable benefits but equally valuable benefits such as increased leverage with sponsors.