Control to be determined on Friday

Last updated : 27 July 2004 By Austin Rathe

The announcement comes after a Monday night board meeting which was described by one insider as “heated”. Bill Kenwright has made it clear that he will step down if that would facilitate further investment in Everton.

It initially seems odd that a decision would be postponed until the end of the week. However, there is a possibility that this delay is required so that certain steps can be taken.

Here is a scenario for you (this is pure conjecture on my part). Paul Gregg has a verbal or some other informal agreement with some investors (most likely in the far east, we are much cheaper than Liverpool, and he didn’t go all that way to negotiate a £1.5m sponsorship deal). He has presented this to Kenwright, who has given him a “show me the money” ultimatum. Gregg has until Friday to confirm the deal.


The above is most likely complete toss, but I think the truth may not be a million miles away from it, and I will be very surprised if Bill Kenwright is Everton chairman on Saturday morning.