Gregg promises cash for Everton

Everton director Paul Gregg has put pressure on chairman Bill Kenwright by promising money for transfers this season.

Manager David Moyes is currently with the team on the club’s USA tour and admitted preparations for the new season have been hindered by the boardroom rift.

Gregg has now pledged transfer funds for Moyes when the team returns on Monday.

Gregg launched a scathing attack on Kenwright on Friday after a delay in the Everton owner’s decision to accept a financial package for the club and step down as chairman.

Kenwright retaliated by questioning the validity of the offer and insisting it had not been put to him officially.

Now, supported by former director Lord Grantchester, Gregg claims Moyes will have immediate funds if Kenwright backs away.

Gregg said: “On Monday morning David Moyes and his team return from America with a desperate need to fulfil his ambitions for the team.

“We have made a commitment to support those ambitions immediately so the team can start positively on August 15.”

And in another clear attack on Kenwright, Gregg added: “The continuing delay is frustrating the club’s future and it should be understood that every director has a duty to act at all times in the best interest of the company and not to prefer their personal interest for any reason.”

Gregg has threatened legal action and has highlighted the importance of securing the financial future of the club he supported as a child.

Gregg added: “The current issues go to the core of each director’s duty to the company and its shareholders and in Everton’s case to its fans as well.

“Along with every Evertonian, we believe that the fans deserve better. Together we have a plan for the future and a passion for success that will give every Evertonian new hope and new heart.”

Everton, who have lost 17 players over the summer and signed just three, play the final match of the US trip tomorrow against Club America before returning to Goodison Park.

Moyes has admitted he wants the issue resolved to allow him to strengthen his squad before the start of the season.