Following reports in the media today, we wish to reaffirm our commitment to working with Everton FC in relation to their new stadium proposals.
As with all large scale regeneration projects with the potential to create jobs and investment in Liverpool, the city council will look at ways it can support the wider regeneration scheme but no firm options have been developed in terms of how or where this will take shape.
This work is ongoing and we will announce the details of the location and support we will be offering once this has been further developed. However, we must stress that the city council is clearly not in a position to fund the costs of a new stadium.
Any investment the council makes would be in a wider regeneration scheme, subject to a sound financial and economic rationale for doing so.