Everton boss Dave Moyes says there was never any chance of Newcastle luring him away from Goodison Park.
"The speculation does not make any difference," said Moyes. "I get on well with the chairman but that does not mean a thing. Supporters are the judges, they are the ones you have to win over.
The Blues have made dramatic progress in recent seasons and radically altered the way they are perceived by the general public, something Moyes believes has been able to occur because of the patient approach adopted by Kenwright and his fellow directors.
"Nearly all the players that have come through have done so through me - there is only Alan Stubbs and Lee Carsley who were here before I arrived," he said.
"Now I am pleased with the style of football we are playing and we are a stable football club. I have been lucky in that I had a great chairman at Preston North End and I've got a great chairman and board here too."