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EVERTON owner Bill Kenwright is ready to sell the club to the right bidder.

The theatre impresario believes he has taken the Blues as far as he can in terms of investment.

He wants a multi-million pound injection that will help the club crack the top four.

But he will sell only if the new owners guarantee stability for the future and put up the cash to help Everton break into top four super power status.

Over the weekend there was speculation foreign investors were lining up takeover bids for Everton if the new stadium deal goes ahead.

The £400m, 50,000-seater modern ground would instantly make the club more valuable and therefore more attractive to would-be buyers.

Many fans believe Kenwright is reluctant to let go of the club he has owned for the past eight years.

But today the ECHO can reveal Kenwright has been in talks for years with Russian, American and Dutch investors who registered an interest in the club.

Kenwright is desperate to get more cash into Everton to buy the best players, even if it means he has to move aside.

Deals have not been done either because investors' interest cooled or because Kenwright feared they would not have the best interests of the club's long-term future at heart.

But Kenwright will sell and hand over control to the bidder with the right money and the right philosophy.

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