Keith Wyness, Everton’s former manager, has disclosed that Leeds United are considering a “£40-50 million” facelift at Elland Road.
Speaking on the latest episode of Football Insider’s Inside Track podcast, the 66-year-old, who was CEO of Goodison Park from 2004 to 2009 and now runs a football consultancy that advises elite clubs, stated that once the club is established in the Premier League, they will consider a “major upgrade or new stadium.”
Leeds have officially declared that Elland Road has been returned to the club after it was sold in 2004 due to financial concerns.
Following 49ers Enterprises’ investment, the Whites have been looking into possible upgrades to their historic stadium in recent years.
Elland Road, which was erected in 1897 and last cosmetically updated in 2017, can accommodate 37,792 spectators at full capacity.
Leeds is planning a ‘£40-50m’ initial Elland Road development, according to Wyness.
He believes the stadium is “past its sell-by date and needs some work”.
He said on Football Insider’s Insider Track podcast, “I’m sure the architects will have given the club a menu.”
“You could spend £100 million on improvements, or even build a new stadium at Elland Road.
“From what I’ve heard, we’re looking at roughly £40-50 million to attempt to better what they have currently.
“That would be sufficient to upgrade and modernize their current facility.
“Once they’re in the Premier League and established, they’ll be looking at a major renovation, possibly a new stadium.
“Elland Road is in a beautiful location and has a rich history, but it’s past its prime and requires some renovations.
“But it’s good news to see it back on the club’s asset sheet.”
