He was the grandson of John Moores, his mother Betty Moores married into the Suenson-Taylor family and gained the title Baroness Granchester; she was given 40% ofr the club by Peter Moores after Sir John passed. She sold this to Peter Johnson
There numerous views on this, i.e. why he will not invest into Everton; i've heard he doesn't get along with BK, i've also heard that it's his mother who refuses to let him invest in Everton while BK is still in charge, and i've also heard that she just refuses point blank for him to invest the family wealth into a football club.
She is still the head of the Moores family, and when you talk about wealth at this level i'm unsure how much of it is actual personal fortune or how much of it is family fortune. He has an 11% stake in the Littlewoods fortune (which is estimated at the £1.2bn which everyone goes on about); however, his stake only equates to £176m so it is a grey area.
Betty Moores had a lot to do with our downfall after Sir John had passed, she wanted nothing to do with the football club and the money dried up; she would not underwrite the loans like Sir John previously did.
That family is tragic, there is much infighting its unreal. I can't ever see Lord Granchester having anything to do with running or investing in the club, whether BK is there or not