Kenny Huang linked to Liverpool takeover

[RedinSweden]

BBC SPORT

 

FOOTBALL:

 

Liverpool could be bought by a Chinese tycoon within days, BBC Sport understands

 

That's nice, they get how we feel.

[Whelan]

In order to make Liverpool profitable.

 

You're going to have to spend at least £800 Million on a new stadium, new players and of course buying the fucking club.

 

What? 400 million max, which will be the clubs debt. So potential owners will not be spending anything on the actual stadium.

 

One thing I like about the Chinese is that they invest, like the Japanese in the 80's they look 5 or 10 years down the line, rather than gathering as much as possible in as little time as possible, with as little investment as possible like the Yanks.

[torres09]

BBC Sport - Football - Liverpool consider Chinese takeover bid

 

"A deal has to be done before the transfer window closes [on 31 August]," a source close to Huang told BBC Sport.

 

"Huang has made a firm proposal. The club's board has to sanction the sale and it could be sewn up in days."

[Antynwa]

Even if George Gillet has found a buyer (who will probably give him a profit) in the wake of this news, he will probably tell them to fuck off and he'll deal with RBS directly like our Kenny here.

 

Is there any indication Broughton played a part

[sh#t waffle]

327,468 times bitten, twice shy. I want to see and hear loads more than this before I even begin to consider forming an opinion. In fact, forming a sound opinion on new owners will probably take years after what these cunts have done to the club. I might warm to new owners if I find myself sitting in a new Anfield watching the reigning champions at home. Until then, suspicion abounds.

 

Yep. I just hope this isn't a case of out of the frying pan, in to the wok.

[James]

 

Here's hoping.

[stringvest]

They're trying to Woo us.

[Antynwa]

Yep. I just hope this isn't a case of out of the frying pan, in to the wok.

 

Sensational.

[Antynwa]

A LEADING Chinese businessman is in the hunt to buy Liverpool FC.

 

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.

 

He was the first Chinese college graduate from mainland China to work at the New York Stock Exchange.

 

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.

 

It could also see Hicks and Gillett depart with little, if any, material profit from their three years co-ownership.

 

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.

 

 

Liverpool Echo - News - Liverpool Local News - Liverpool FC buy-up planned by Chinese businessman Kenny Huang

[Scott_M]

 

Here's hoping.

 

[VERBAL DIARRHEA]

Don't fuck with the Huangs !

[goatboy59]

 

Stoopid iriots.

[Rick Sanchez C-137]

I'm trying to remain calm, but its hard when someone's telling you there's a good chance they can cure your cancer and aids.

[redsfan]

This at the moment looks, legitimate, what I wanna know is the Times led with this story and was extremely detailed to such that it was saying how the club have asked to hang fire. Wonder if its further down the line? ones hoping rather than expecting however.

 

From reports, Huang is worth about 1.2 billion but who he is backed by, is something wayyy much bigger.

[VERBAL DIARRHEA]

Let's hope RBS accept his bid so he can huang G&H out to dry.

[Archer]

BBC Sport - Football - Liverpool consider Chinese takeover bid

 

"A deal has to be done before the transfer window closes [on 31 August]," a source close to Huang told BBC Sport.

 

"Huang has made a firm proposal. The club's board has to sanction the sale and it could be sewn up in days."

 

 

I wonder why? I'm getting bad vibes about this.

[Rick Sanchez C-137]

I wonder why? I'm getting bad vibes about this.

 

I wouldn't read too much into their insider info. A source close to Huang probably means a Chinese bloke that works in the BBC sports department. Even so, it would be better if they could deal before the transfer window so they can investment hit the ground running.

[Byrnie]

Broughton said not to believe anything we see in the press.

[Horus]

I wonder why? I'm getting bad vibes about this.

 

Because it represents our only chance of getting the club back in the top 4 for next season.

 

With the best will in the world, we will not be climbing up the league with Parker, Young, and Konchesky.

 

Without investing into the squad, then they would ultimately be writing off their first season in charge.

[Horus]

Broughton said not to believe anything we see in the press.

 

Broughton told Charlotte Jackson that Torres was off to Chelsea. He can suck my balls.

 

This story has also been leaked in a way which suggests that the people at the club currently, are being intentionally excluded. Poor lambs.

[Archer]

I wouldn't read too much into their insider info. A source close to Huang probably means a Chinese bloke that works in the BBC sports department. Even so, it would be better if they could deal before the transfer window so they can investment hit the ground running.

 

Possibly. Although I think it's just as likely, if not more likely, that the reason they want to push the takeover through is to sell assets, not to buy. Business people trying to push through hostile takeovers are very rarely the altruistic type, and like I say wanting to have it completed before the end of August . . . maybe I'm being paranoid but alarm bells are ringing.

[chrisbonnie]

Broughton said not to believe anything we see in the press.

 

ive read lots of stuff from him

 

so by that way of thinking, then he himself is talking shite and we shouldnt believe him :|

[Anny Road]

For this to go through against the will of H&G would the bank effectively have to call in the loan place us in administration and then sell to Huang.

[Antynwa]

For this to go through against the will of H&G would the bank effectively have to call in the loan place us in administration and then sell to Huang.

 

Automatic ten point deduction?

[Whelan]

It won't happen, but I would love those two parasites to be left out of the loop! Absolutely fucking love it.