The video will start in 8 Cancel

Sign up to FREE email alerts from Liverpool Echo - Weekly Politics Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email

Everton are reportedly in “advanced talks” with a Chinese consortium over a major investment.

The Mirror says the Blues are looking to secure a deal to help them fund the building of their proposed new stadium at Bramley Moore Dock.

Early estimates say it will cost Everton well over £300m to construct a new home on the banks of the Mersey.

And it is claimed majority shareholder Farhad Moshiri is already in discussions with a Chinese group over funding.

The report says that any deal struck is also likely to include a naming rights deal.

Everton are working on a detailed planning submission for their new stadium and hope to gain permission early next year.

Liverpool City Council reached an agreement with the club in which they will act as guarantors for Everton when they go to borrow the money they need to build a new ground.

And, according to the Mirror’s report, the Blues are already making headway in finding investment.