Season › 2011-12 › News

Sale of the club will take time...

Bill Kenwright has confirmed there are "three or four" parties interested in buying the club, but none are close to getting any buy-out process under way. Kenwright said the process was a long way from being concluded.

"We are constantly linked (with people) by the media but that is because we are constantly out there and have been for three years," he said.

"There are normally three or four interested parties and indeed there are three or four interested parties at the moment.

"But what you tend to find with interested parties for this kind of deal is it takes time.

"The airwaves are very hot and then suddenly nothing happens for a long time because proof of funds and due diligence have to take place - and we haven't even got to that stage yet.

"You hear the rumour mill that people are in Everton doing due diligence but they certainly aren't.

"There are people out there at the moment and hopefully that will result in real serious investment for this club."

Kenwright, who has been the target for much of the criticism from the Blue Union, said he sympathised with their intentions.

"Everyone has a right to protest if they want to protest — that is the only response I can give," he said.

"There is no bigger Everton fan than me and indeed when I met some of these gentlemen I said 'What are you protesting for?', and they want an owner with much more money than the three major shareholders here.

"I absolutely support them on that because that is exactly what I want and that is what I spend most of my life working on."

Quotes or other material sourced from Sporting Life

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