Everton sign deal to lease old dock as site for new stadium

London

EVERTON'S move to a new football stadium edged a little closer when the English Premier League (EPL) club formally signed an agreement on Thursday to lease land at the proposed Bramley Moore Dock site.

The 200-year lease, for a "peppercorn rent", is still conditional upon the club gaining consent and securing a funding package. But it means the club now effectively owns the land on which the stadium is to be built.