Everton confirm plans for new stadium

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Everton have today announced plans to build a new stadium in Walton Hall Park, as it ticks all the boxes.

The Toffees plan on leaving Goodison Park - which has been their home since 1892 - to increase the capacity and play in a modern stadium that could generate more revenue for the football club.

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The proposed site of the new stadium is just a stones throw from the current stadium and Chairman Bill Kenwright feels it is the perfect place for Everton to move forward.

In a statement released on the clubs official website he said: "On my journey to our home games, as I pass Walton Hall Park, I inevitably think that I am only a minute away from our beloved Goodison...for several years now, I've also thought, if only it was available for our new stadium, it ticks all the boxes."

The council have a big role to play

Liverpool council are insistent that 1,000 jobs could be created with a comprehensive regeneration of the surrounding area and that is something Kenwright - who has been in charge since 2004 - is keen to see happen.

He said: "An opportunity to explore the possibility of securing a new home is hugely exciting to me, but to do that in a way that supports, transforms and sustains our local communities, in our Everton heartland, is such a wonderful, added bonus."

The Liverpool Echo understands the reason for the news coming out today is because the council has to draw up its planning blueprint for the city, showing what type of areas are available for what type of development.

It is believed the council will aid Everton by financing what remains of the park once the stadium is built. At this moment the cost of the project is unknown as it is still early days, but this is the biggest step forward for Everton since their plan for 55,000 seater stadium was rejected in 2009.

The council has already helped Everton by buying their Finch Farm training complex and renting it back to the football club.

Finances are Everton's Achilles heel

As a fan of the club, the chairman has the best interest of Everton at heart. With this plan for a new stadium it could take Everton on to a new level and allow them to challenge more on a financial front.

The £28 million signing of Romelu Lukaku was only available after Marouane Fellaini left the club for Manchester United last summer in a £27.5 million deal.

During David Moyes's time at Goodison he was working on a shoe string budget and did a fantastic job - steering them clear of relegation, then taking the club in to the top four and an FA Cup Final.

Since Roberto Martinez has arrived he has taken the club on to a new level with his style of football and will require the finances to push on and make Everton a real forced to be reckoned with in the Premier League and Europe.

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