A letter from the chief executive of Everton FC has revealed Liverpool Council decided it could no longer provide any financial support to the Bramley-Moore stadium project.
Negotiations took place over four years about the possibility of the council providing a loan or grant that would help fund the new stadium. Everton later pursued alternative funding.
In May the council and club released a joint statement, stating the two parties could not reach an agreement on the proposed funding. This led to the club finding an alternative source of finance for Bramley-Moore.