'The club can really start to move forward'published at 08:00 GMT 19 February
Image source, PA MediaFormer Everton centre-back Alan Stubbs and BBC Radio Merseyside reporter Giulia Bould spoke to The Football News Show about the club's new stadium and the Toffees' move there from Goodison Park in the summer.
Stubbs said: "This summer is very important for the club. I do think they will reinforce and they will be able to spend some money. I do think Everton's financial situation should really stabilise and the club can really start to move forward.
"The club will get the benefit of the new revenue that the stadium will bring in 12 months later on. It should help with PSR and buying capability.
"The future is very bright for Everton but the club have to learn from mistakes made in the past."
Bould added: "The new stadium is key to the club. The new owners, The Friedkin Group, are currently in negotiations for a sponsorship deal and naming rights for the stadium which will finally see Everton's finances boosted.
"Of course we all know the situation in recent seasons with profit and sustainability rule breaches, points deductions and having to sell off some of the best players in the squad.
"Once Everton move in, more season tickets will be able to be sold, plus it will be a seven-day-a-week venue. There will be restaurants open throughout the week plus they are looking into it becoming a concert venue, which will be really lucrative for the club."
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