Bill Kenwright: Embattled Everton chairman to remain in position as part of ‘important period of transition’
- Jody
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Bill Kenwright will remain on the Everton board after owner Farhad Moshiri said the long-standing chairman has a vital role to play in the “important period of transition” at the club.
Following the departures of chief executive Denise Barrett-Baxendale, chief finance officer Grant Ingles and non-executive director and former striker Graeme Sharp last week, the future of long-serving chairman Kenwright appeared in doubt.
However, Everton owner Farhad Moshiri revealed on Friday morning that Kenwright had accepted his request to remain at the club and help them through a period of transition.
Moshiri said in a statement on Everton’s website: “I wanted Bill to remain as our chairman during this important period of transition for the club and I am delighted that he has accepted my request to do so.
“Bill’s knowledge and vast experience will be crucial for us as we look to reset, deliver on external investment and position Everton for a successful future.”
The recent board changes came in the wake of numerous fan protests, with Kenwright, who has spent 19 years in his current role, the main target for supporters’ anger.
Everton also announced the appointment of Colin Chong as interim chief executive and director while James Maryniak becomes interim chief finance officer.
“In Colin and James, we have two experienced senior club professionals who have agreed to take on enhanced roles on an interim basis, and who we know can and will deliver immediately,” Moshiri said.
As part of the changes, majority shareholder Moshiri also wants to join the board as a non-executive director alongside John Spellman, an experienced chartered accountant and Everton supporter.
Meanwhile, the potential investors in Everton, MSP Sports Capital, have secured $166m (£130m) of investment as they move closer to taking a stake in the Goodison Park club.
The funds will allow them to bring money to Everton which will finance the continued construction of the clubs new stadium at Bramley Moore Dock. The deal, which could see the New York firm ultimately take a 25% stake in Everton, is likely to be concluded in the coming weeks.