Kenwright possesses 25 per cent of the club's shares and is the majority shareholder.

BBC: SPORT | Football | My Club | Everton | Chester chief eyes Everton shares

And contrary to Wyness' view, chairman Bill Kenwright is convinced the club cannot stay at Goodison Park.

BBC: Everton fans are worried about moving out of Liverpool

"My desire to find a person, or institution, with the finance to move us forward has not diminished, " Mr Kenwright said.

BBC: Everton Football Club losses widen as wages rise

Gregg was involved in a bitter boardroom battle with Everton chairman Bill Kenwright last summer and may want to sell his shareholding.

BBC: SPORT | Football | My Club | Everton | Chester chief eyes Everton shares

Owner Bill Kenwright also reiterated his desire to bring in new investors.

BBC: Everton Football Club losses widen as wages rise

The club's board of directors, which has supported Kenwright's move, has indicated that they will not be taking up their options to sell their shares.

BBC: Kenwright realises Goodison dream

It was a dismal start for Everton manager David Moyes and chairman Bill Kenwright, who have come under fire for their failure to land a single new player this summer.

BBC: Everton 2-3 Blackburn

The chairman of Everton, Bill Kenwright, said it was one of the most emotional days of his life as he received a standing ovation before giving a reading from the Bible.

BBC: Anfield service honours the 96 Hillsborough victims

Chairman Bill Kenwright is committed to selling his majority stake in the Merseyside club and is keen to attract new investors who could support bigger spending both on and off the pitch.

BBC: Moyes vows to keep Everton stars