He only survived because of Moyes.
While Moyes has us competing without spending, Blue Bill just casually relaxed in the background and let the club just float.
Didn't once push us forward on the back of FA Final, semi finals, Champions League places, and European qualification. Lived off the TV money and inflation. Until some of his mates wanted a slice of the pie or offered "proposals"
Exactly. Moyes was Kenwright's biggest stroke of luck and, perversely, the biggest impediment to us ridding ourselves of Kenwright's malign inertia.
Moyes never seriously threatened to win anything (FA Cup final, aside) - and Kenwright, therefore, avoided serious pressure to support him financially, as a result. Imagine he won the 2009 FA Cup - think of the pressure Blue Bill would have been under to fund a serious tilt at CL qualification. But he didn't, and the momentum died off.
Similarly, had he managed to get us into the CL proper in 2005, pressure would have mounted on Kenwright. As it was, part of the reason Moyes was unable to do that was because Kenwright refused to strengthen the squad adequately to give us a better chance against Villarreal.
Moyes was also great for Kenwright in that there was no danger of relegation under him once he got his feet properly under the table. So, Kenwright had no pressure to dip into his pocket to keep us up, either. Moyes was, partly through no fault of his own, the stasis manager: a boon for Bill.
Kenwright never had the funds to entitle him to run Everton properly. That reality, which he propagandised as some kind of home-spun charm, condemned us to years of irrelevance and insignificance. He refused to step aside until he saw the finishing line, whereupon he sold to a chancer (while still keeping his greasy hands on the tiller).
The most significant milestone in Everton's history in 2023 was the death of Bill Kenwright. It will have far-reaching consequences that open new positive possibilities for the club he nearly starved to death.
