Farhad Moshiri insists Everton are NOT for sale and promises to work 24 hours a day to arrest their current slump.
The Toffees owner has been under intense scrutiny in recent months, with supporter unrest and numerous demonstrations. That had led to speculation that the tycoon had put the Premier League club up for sale, just days after sacking manager Frank Lampard.
But Moshiri claims those suggestions are wide of the mark and that rather than sell the club, he is close to securing an investment to help finance their £500million new stadium.