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Everton training ground sold

Everton's Finch Farm training ground has been bought by Liverpool City Council in a £13million deal.

Last Updated: 11/06/13 at 17:04 Post Comment

Everton: Training ground bought by Liverpool City Council

Everton: Training ground bought by Liverpool City Council

Everton's Finch Farm training ground has been bought by Liverpool City Council in a £13million deal which will see the club pay rent for the next 40 years.

The Toffees retain a long-term lease on the facility but will now pay reduced annual costs to the council instead of a private company.

That may ease some of the pressure on the club's tight finances but the arrangement is expected to be a money-spinner for the local authority.

Due to favourable borrowing terms Press Association Sport understands the loan for the purchase will be paid off in 25 years, leaving a further 15 years in which the authority expects to make "millions" which will be used to fund other local services.

The deal has been independently valued and verified but it is likely to attract more anger from fans whose public dissent over the club's new badge forced Everton into a u-turn last week.

After a fervent social media campaign the club backtracked and issued an apology for not consulting supporters widely enough, pledging to withdraw the new crest after just one year and undergo a more extensive process next season.

"We continue to work with the council on many fronts and the club is especially pleased to have delivered an innovative scheme, on our superb Finch Farm facility, that works for both parties," said Everton chief executive Robert Elstone.

Mayor of Liverpool Joe Anderson added: "It's a very good deal for us and for Everton.

"Over the lifetime of this arrangement we will get much-needed revenue, which we can re-invest in essential services for the people of Liverpool.

"Together with the new Exhibition Centre, the council regard such investments as innovative but vital in enabling it to meet its on-going budget challenges."


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terling needs to be told though that upon entering the Arsenal squad he will re-enact the final scene from Highlander where he will be thrown around a warehouse by cartoon dragons and then be a mere mortal that will only ever spend three to four weeks a season playing football and the rest on the physio's bed. There can be only one.....player available at The Emirates.

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he game changed in our favour when Carrick came on. We were able to play further up the pitch due to having a player who can give and go with the ball and keep possession. Yet barkley made some runs and Townsend scored a good goal but carrick's inclusion and chiellini's withdrawal made the biggest difference to the flow of the game

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