Kenwright looked to be heading out of the club has Paul Gregg refuted Kenwright's previous claims that Gregg had no money to invest. He has since named his backer (to the tune of £15m) as a member of the Moores family.
It remains to be seen whether Kenwright can come up with the cash, at the moment he is being even more secretive than Paul Gregg regarding the source of his funds.
According to the Daily Mirror, Everton are targeting Joe Cole, Marcel Desailly and Matias Almeyda.
Gregg meanwhile has promised to provide David Moyes with the cash to secure three new players before the end of the transfer window, should he win control of the club.