Chinese billionaire Huang goes after Liverpool FC

Chinese billionaire Huang goes after Liverpool FC
Eliot Sefton
AUGUST 2, 2010

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A Chinese billionaire has made a direct offer to the Royal Bank of Scotland to purchase Liverpool's £237m debt and oust the club's American owners, George Gillett and Tom Hicks. He is Kenneth Huang, a Wall Street stockbroker and chairman of the Hong Kong-based QSL Sports group.

Huang, backed by a Far East investment fund, hopes to conclude the deal swiftly in order to give the club's new manager, Roy Hodgson, time to strengthen the squad before the transfer window closes at the end of August.

He also hopes to persuade the Spanish striker Fernando Torres, who is due to return to training today, to stay at the club.

It is understood that Huang has already spoken to a number of senior figures at Liverpool FC to persuade them of the seriousness of his intent.

However, his offer falls far short of of the £600m price Gillett and Hicks have put on their shareholding in the club.

The Americans' favoured purchaser is businessman Yahya Kirdi, a former Syria international footballer.

But sources at Liverpool say he is not a legitimate contender and has been put forward by the Americans only to force a better offer from Huang, giving them the chance to leave Merseyside having made at least some sort of profit

thefirstpost.co.uk

I hope they do takeover and re-build Liverpool to their former glory days.

I don't support a premiership club but growing up I loved watching Liverpool play with the likes of John Barnes, Peter Beardsley, Ian Rush, Kenny Dalglish and many more.

They are a massive club with a great history both in the Domestic league and in European competition, unlike the clubs of the "Nouveau Riche"

Would be great to see this famous club back up where they belong and would also make the premiership title race more exciting.

'You'll Never Wok Alone'

^
Who will never walk alone.
They have never walked alonefor a long long time.

^ Think you missed the pun of the post

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Originally Posted by Red dragon

^ Think you missed the pun of the post

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With puns, you must strike while the irony is hot....

Seeing we're talking about football does anybody fancy a bet on tonights Everton game My money is on Everton

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Originally Posted by Mid

He is Kenneth Huang, a Wall Street stockbroker

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He is Kenneth Huang but he is not a Wall st stockbroker- he once worked for a Wall St firm as a PR executive.

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Originally Posted by corned dog

Seeing we're talking about football does anybody fancy a bet on tonights Everton game My money is on Everton

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Funny fucker eh? hope it's a draw :)

He can have PFC for 20 pence if he fancies it too and we could LFC's reserves giving us a chance in the Championship and keeping those reserves match fit-quids in!

The fields of Anfield will be buzzing, like the old days.

Chelsea was sold for a penny a few years back.

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Originally Posted by pompeybloke

He can have PFC for 20 pence if he fancies it too and we could LFC's reserves giving us a chance in the Championship and keeping those reserves match fit-quids in!

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I had a couple of business meetings with your current owner a couple of years ago.
Nice guy socially, loves his football but he has no intention of running the club, he was very interested in the parachute payments for relegated clubs.. I think the original debt was to Gaydamak and went out of control from there, I feel Pompey have suffered from corrupt Chairmen, a few of whom were in on it together to create a debt and pass the club on for a cheap price.

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Originally Posted by Red dragon

Would be great to see this famous club back up where they belong and would also make the premiership title race more exciting.

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Nah, I wish Liverpool FC and their deluded spastic supporters many more years of mediocracy.

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Originally Posted by Clogiron

'You'll Never Wok Alone'

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'I'd Rather Walk Alone'
(great banner that!)