Moyes backs owner search

Moyes warns over boom and bust culture

Last updated: 5th October 2008

David Moyes after losing to Standard Leige 2/10/08

Moyes: Faith in chairman

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Everton manager David Moyes is backing chairman Bill Kenwright to find the best new owners for the club.

Moyes is about to commit himself to Everton by signing a new long-term contract and has every faith in Kenwright's bid to bring in fresh investment.

"Bill is trying to find someone for this club. He will find the right person. I don't think he'll take anybody just because they might throw around a few bob," Moyes told the News of the World.

Everton have had a poor start to the season but Moyes believes just throwing money at the problem could store up future problems.

He added: "We haven't done it boom or bust, we've done it steady over a few years. It might not be a surprise if a big club goes out of business soon.

"I've got to make sure it's not Everton."