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Everton agree deal for new stadium site

Everton have agreed a deal to acquire land on which to build a new £300m stadium in Liverpool, BBC Radio Merseyside understands.

The Premier League club and landowners Peel Holdings have reached agreement on the Bramley Moore Dock site by the River Mersey.

It was announced as the preferred site for the club's proposed new stadium in January.

Planning permission would have to be given for any future development.

Iranian businessman Farhad Moshiri bought a 49.9% stake in Everton in February last year and quickly outlined plans for a move from Goodison, which has a capacity of 39,572.