Paul Gregg statement released to fans' sites.
"I am releasing this statement today to the fan's websites so I can directly speak to the people who are most important to this Club to fully explain my vision for the future of Everton.
I share your frustrations, we have all had enough of rumour and speculation, now is the time for plain speaking.
I have been a loyal supporter of Bill Kenwright and I would like to put on record my respect and admiration for this great Evertonian.
He has been the heart and soul of this Club and a true Blue. I sincerely hope that Bill's ability, inspiration and passion will be a part of Everton's future. My passion is success and you are hungry for success. Now the time has come where head must rule over heart if we are to make this Club great again.
My immediate priorities are to deal with the Club's urgent need for new investment and financial stability to invest in the rebuilding and strengthening of the team.
It is vital we keep Wayne Rooney at the Club, he is the world class asset around which we will build a great team.
In October I will call an AGM to get the shareholders approval for a new issue of shares to create an additional £15 million investment for our Club. In 18 months time, when the new Board has proved it can deliver and has earned your trust and confidence, I will seek your support to widen the share ownership, giving you the opportunity to have a real stake and voice in our Club.
A new Chairman will be appointed at the AGM and a new committed Board put in place to bring fresh energy, professionalism and ambition to our Club.
A new Chief Executive will be appointed who will lead and motivate the management team. We already have a talented and committed team of staff. What we need now is strong and decisive leadership and a modern professional organisation to ensure success both on and off the pitch.
I will appoint a new Business Director with the sole responsibility for fundraising and sponsorship to fulfil our ambition for a state of the art training ground and youth academy to nurture the Wayne Rooneys of the future.
Everton is one of the world's greatest football Clubs, reflected in the passion and loyal commitment of our greatest asset - you.
Evertonians are rightly proud of our Club's past and glorious achievements but now we must look to the future. Football has changed, our future success will be founded not only on passion and ambition, but also on professionalism and on sound business sense.
Now is the time for change. We must work together to make it happen."
If you haven't done so yet, you may wish to express your reaction to the above in the poll on the right hand side of this page [the poll that asks about whom you would like to see at the helm].






