Dan Friedkin could revive a £423m allocation once his long-awaited Everton takeover is sealed.
The American billionaire is lately in exclusive talks with Farhad Moshiri, who has been selling the club for more than a year.
As an indication that a deal will be reached, Friedkin has acquired a £158 million loan from MSP Sports Capital, wannabe previous acquisitions.
Everton enthusiasts are hoping that the media and sports investors can turn them around after several seasons of PSR drama and backstage turbulence.
However, there may be an upper limit in terms of Friedkin’s ambitions due to his ownership of Serie A giants AS Roma, especially as the Italian club is believed to take priority.
Although this scenario is obviously a long way off for Everton, the two clubs would not compete in the same European competition, as UEFA is cracking down on the ownership of several clubs.
What’s more, Friedkin’s time will be split between the two clubs, especially as Roma are exploring what could be one of the most significant developments in their history lately.
Roma have long been looking to move to a new stadium, away from the Stadio Olimpico they share with rival Lazio.
Dan Meis, who happens to be the lead architect of Everton’s new stadium at Bramley Moore Dock and still plays a consulting role, was hired to oversee the task several years ago.
However, a series of bureaucratic setbacks have delayed development. And events have slowed down even more since Friedkin bought Rome in 2020.
Industry publication Stadium DB reported this week that the structure had been halted due to considerations about the former importance of the Pietralata Stadium site.
But if Friedkin takes over Everton, he could open a channel with Meis to explore options of choice.
Just as he managed to complete the Bramley Moore Pier project over UNESCO’s objections to the site’s cultural significance, Meis could do the same in Rome.
When it opens in time for the 2025-26 campaign, Bramley Moore Dock will welcome around 53,000 spectators.
In addition to increasing fitness revenue, the new stadium will also be incredibly lucrative for advertising purposes.
The club intends to rival Liverpool’s Anfield in the stadium to go to for the city’s concerts, which can generate millions each summer.
Everton lately earn around £17m a season at the Goodison Park turnstiles. With adequate profits and advertising profits, this figure will at least double until 2025-2026.
This is a good thing, given that the cost of the stadium has risen from around £500 million to around £750 million.