CHESTER City chairman Stephen Vaughan wants to buy a major stake in Everton Football Club.
The Liverpool boxing promoter is believed to have held talks with representatives of Blues' director Paul Gregg - and is keen to buy his entire shareholding, giving him a 23.2 per cent stake in the club.
Bill Kenwright, the majority shareholder, possesses 25 per cent of the club's shares.
Spokesman for Vaughan, Lee Maloney, said: "I am not at liberty to discuss any specific discussions with existing shareholders. However, it has long been Stephen's dream to play a part in the club he has supported all his life.
"Without giving specific details it is something which he will endeavour to pursue with immediate effect."
Blues chief executive Keith Wyness said: "We are always happy to hear from any potential source of funding, but we have not had any formal approach from Stephen Vaughan nor his representatives.
"Sales of shares, however, are a private matter and entirely up to the individuals concerned."
Gregg, who was unavailable for comment, mounted a public campaign to oust Bill Kenwright last summer, when he claimed to have a £15m investment package available, backed by Lord Grantchester.
That investment never materialised, Grantchester released a state-ment saying he only supported a dissolution of True Blue Holdings, and Kenwright survived when he presented his own plans for investment via the Fortress Sports Fund.
True Blue was duly dissolved in December last year, originally to enable new investment to be attracted, but it has also left the club vulnerable to takeover.
With the dissolution of True Blue, the individual holdings of their 22,031,351 shares were assumed to convert directly to Everton shares, leaving the bulk of the Blues' shares split between four parties - Bill Kenwright, the Gregg family, Jon Woods and Lord Grantchester.
The biggest single shareholder is Kenwright, with 8,754 shares (25 per cent), but Gregg, wife Anita and their son are only just behind with 8,146 distributed between them.
Lord Grantchester owns 2,773, but the Moores family has historically held a significant shareholding in the club and he is unlikely to sell in the near future.
That leaves Woods' 6,623 shares as crucial to the control of the club. He is a firm Kenwright ally.
Everton boss David Moyes, meanwhile, has made his first signing of the summer - one he prepared earlier in the year.
Young goalkeeper John Ruddy has joined the Blues from Cambridge United for £250,000 on a four-year deal.
A transfer was struck between the clubs back in February with Ruddy, who only made his league debut at the end of last season, staying with Cambridge until the end of the current campaign.
The 18-year-old attracted attention from a number of top clubs, including Celtic, Arsenal and Manchester United. His fee could increase, depending upon first team appearances.
An England under-19 international, Ruddy has been training at Bellefield twice a week and will meet up with his Everton team-mates on a permanent basis at the start of pre-season training in July.