Kenny Huang, the chief executive of Chinese sports investment company QSL, is believed to have lodged a major bid to take over the Reds several days ago.
And it is understood he is pressing for a decision within days – one which could finally remove American owners Tom Hicks and George Gillett – if he is successful in persuading the Reds’ board to agree the sale.
Huang, who is partnered by one of the biggest sovereign wealth funds in the Far East, is co-chairman of the National Basketball League of China and holds the same position with the National Baseball League of China.
The QSL Youth Development Support fund is the largest sports related charity fund for under-privileged children in China.
Its aim is to create development opportunities for young people in sport and increase the popularity of sport in China.
It is not known how much Huang’s QSL bid involves or at what price it values the five-times European champions.
But it is being suggested a deal would see Huang and QSL effectively take over the Reds’ overall debts of £350m, £237m of which is owed to RBS.
There are said to be plans to not only retain Anfield’s top stars like Steven Gerrard and Fernando Torres but to invest further in the transfer market and get the long-since stalled stadium building project back on the agenda.
So far, Liverpool FC have made no statement on reports about the bid from Huang.
The club was officially put up for sale in April when Hicks and Gillett appointed British Airways chairman Martin Broughton to oversee any deal.
The closest Liverpool have come to gaining new investment in the past 12 months was when the New York-based equity firm the Rhone Group made a bid to acquire a 40% stake in the club but it was dismissed by Hicks and Gillett.
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