The new Everton stadium plans would have been made redundant if the European Super League had come to fruition.
That is according to finance guru and Football Insider columnist Kieran Maguire, speaking exclusively after the controversial ESL’s collapse.
Six Premier League teams attempted to form the breakaway league but backed down in the face of unprecedented fan-led protests.
The authorities gave Everton the green light in February to begin planning a new 52,000-seater stadium on the site of the Bramley Moore Dock.
Maguire suggests that owner Farhad Moshiri may have had second thoughts over the £500million construction project had the ESL gone ahead.
He told Football Insider correspondent Adam Williams: “If I was Farhad Moshiri at Everton, I’d be looking at those plans for a new £500m stadium and be thinking, why on earth am I going ahead with this?
“The purpose of the new stadium was to give Everton a vehicle through which they could compete to a greater degree and challenge for Champions League places.
“They are ambitious. It’s similar to what we’ve seen at Aston Villa. You could even argue that it’s similar to Alan Pace at Burnley.
“All of these people bought into the Premier League on the basis that it is a merit-based form of football. Clearly, these proposals were planning to replace a meritocracy with a monopoly.”
Everton’s new stadium is set to open in 2024.
Maguire previously told Football Insider that fans will not be priced out after the move.
In other news, Everton could pull off “genius” £43m deal for striker.