lsgworldl
09-27-2004, 11:15 PM
Everton chairman Bill Kenwright has suggested manager David Moyes could have nearly £30m to spend in the January transfer window.
Kenwright is close to finalising a deal with the Fortress Sport Fund, headed by financier Christopher Samuelson.
"Hopefully the money - possibly £28m, £29m will be available in January," Kenwright told BBC Radio Five Live.
"Samuelson will join the board and the investment group will be part of the shareholding. I'll remain as chairman."
It is believed the initial investment from Samuelson will be £13m, with the Fortress Sport Fund having an option to enlarge its holding in the future to a controlling 50. 1%, worth another £15m.
Kenwright added: "I'm not going to tell you the amount of money David has got.
"David knows the amount he has got and he is very happy with it.
"We have to look at fresh faces in January and in the summer."
http://news.bbc.co.uk/sport1/hi/football/teams/e/everton/3643618.stm
Kenwright is close to finalising a deal with the Fortress Sport Fund, headed by financier Christopher Samuelson.
"Hopefully the money - possibly £28m, £29m will be available in January," Kenwright told BBC Radio Five Live.
"Samuelson will join the board and the investment group will be part of the shareholding. I'll remain as chairman."
It is believed the initial investment from Samuelson will be £13m, with the Fortress Sport Fund having an option to enlarge its holding in the future to a controlling 50. 1%, worth another £15m.
Kenwright added: "I'm not going to tell you the amount of money David has got.
"David knows the amount he has got and he is very happy with it.
"We have to look at fresh faces in January and in the summer."
http://news.bbc.co.uk/sport1/hi/football/teams/e/everton/3643618.stm