Premier League: Everton agree $39 million naming rights deal with Alisher Usmanov for proposed stadium

The Russian tycoon’s holding company USM, which has sponsored the Everton Finch Farm training ground since 2017, has secured an option on the naming rights for the club’s proposed new home

Reuters January 15, 2020 09:40:58 IST
Premier League: Everton agree $39 million naming rights deal with Alisher Usmanov for proposed stadium
  • Everton have agreed a 30-million pounds naming rights deal with Russian billionaire Alisher Usmanov for their proposed new Bramley-Moore Dock stadium, the club’s chief executive said on Tuesday

  • The Russian tycoon’s holding company USM, which has sponsored Everton’s Finch Farm training ground since 2017, has secured an option on the naming rights for the club’s proposed new home

  • The club are still awaiting planning permission from the City of Liverpool for the stadium but Barrett-Baxendale said the construction project could add a billion pounds to the local economy and create 15,000 jobs

Everton have agreed a 30-million pounds naming rights deal with Russian billionaire Alisher Usmanov for their proposed new Bramley-Moore Dock stadium, the club’s chief executive said on Tuesday.

Premier League Everton agree 39 million naming rights deal with Alisher Usmanov for proposed stadium

Representational image. AFP

The Russian tycoon’s holding company USM, which has sponsored Everton’s Finch Farm training ground since 2017, has secured an option on the naming rights for the club’s proposed new home, Chief Executive Officer Denise Barrett-Baxendale told the club’s general meeting.

Usmanov said last week that he was eager to invest in the Premier League side, joining his friend and business partner Farhad Moshiri who is the club’s majority shareholder.

Usmanov previously had a 30% stake in Arsenal but sold it to American Stan Kroenke in August 2018.

The club are still awaiting planning permission from the City of Liverpool for the stadium but Barrett-Baxendale said the construction project could add a billion pounds to the local economy and create 15,000 jobs.

“We have met a number of critical milestones and our project continues to gather substantial momentum as we move into 2020,” she told the meeting.

Everton, who appointed Carlo Ancelotti as manager last month, are 11th in the league with 28 points from 22 games.

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Premier League: Chelsea boss Frank Lampard not listening to talk about future amidst poor run of form
Sports

Premier League: Chelsea boss Frank Lampard not listening to talk about future amidst poor run of form

A limp 2-0 defeat to Leicester on Tuesday capped a run of two wins in eight games and leaves them 11 points adrift of leaders Manchester United.

Premier League: Arsenal to cancel final 6 months of defender Sokratis Papastathopoulos' contract
Sports

Premier League: Arsenal to cancel final 6 months of defender Sokratis Papastathopoulos' contract

Sokratis, 32, last played for the Gunners in March and had not been included in Mikel Arteta's Premier League squad this season.

Premier League: Under-pressure Frank Lampard unsure if he'll keep his Chelsea job
Sports

Premier League: Under-pressure Frank Lampard unsure if he'll keep his Chelsea job

Chelsea, who spent nearly $300 million on new players ahead of this season, dropped to eighth place and Lampard acknowledged he is under pressure to keep his job.