And he insists any deal with the Bournemouth owner will not see Nick Montgomery's squad filled with loan players from there.
Foley got SFA approval for his minority buy-in. But a final hurdle has still to be cleared when the proposal for his consortium to take a 25 per cent stake goes before shareholders at Tuesday's AGM.
Hibs have already stated much of Foley's initial investment, believed to be &pound;6million, will be directed towards improving Easter Road stadium and their East Mains training centre.
But Kensell said: "There will also be significant funds available to football, have no doubt about that." The potential Foley tie-in has already seen two Bournemouth men - Emiliano Marcondes and Owen Bevan arrive on loan.
But Kensell insisted any loan deals would have to be to the benefit of Hibs.
He said: "One example is Emiliano Marcondes. This is a talented player, on Premier League wages which we could never afford, and we are getting him for a modest contribution that falls well within our wage structure.
"Supporters need to rest assured that we don't intend to build a team of loan players, and in any event the rules don't allow it."

No Bourne identity at Hibs if deal is approved

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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which gives digital readers unlimited access to 9,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.