Everton FC chairman Bill Kenwright sick of prospective investors who 'go missing'

26 August 2010 01:00
BILL Kenwright's search for a billionaire to takeover Everton is being hampered by time-wasting charlatans, the chairman has revealed.[LNB]The theatre impresario said he has been misled four times in the last 10 months by potential owners who led the club to embark on costly negotiations before disappearing.[LNB]Kenwright, speaking at the unveiling of a new Everton timeline at Goodison, said he was astonished at the repeated cons.[LNB]He said: 'There are many people out there who purport to have the millions, even the billions, who are ready to sign the cheque. But the minute you say OK show us the funds they go missing and you don't here from them again.[LNB] 'You can't put a time frame on it. I've been saying this for four or five years. I've got what I thought was close four times in the last 10 months, but it was not even close enough. Not even near. There are people out there who would astonish you.[LNB]'They come to you and promise it's going to be done, this is the one. They ask for it to happen quickly so they can get the funds in quickly, and David can have some funds.[LNB]'But then the minute you ask to see the money you never see them again. To get to that stage each time is a lot of heart ache, hard work, and legal fees. It goes on and on. It's quite extraordinary.

Source: Liverpool_Echo