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Kenny Huang thread - part 2


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My take on this is that he didn't have the money to get the club and used us for a bit of publicity, you don't back out of a deal because it's taking a bit longer than yu wanted it to, however I am very concerned about the thought of these 2 fucking diseases getting more refinancing. At what point do we as fans say right it's time to start protesting at the games, not just having a march before the match that gets no attention from various media outlets (and I'm not having a pop at anyone here before people jump on me) but an actual protest during our home games that goes on for the full match preferably a televised game.

 

Obviously there's negative connotations that come with doing something like this but these 2 are here until the bitter end (Texas Rangers anyone?). I've sent the emails like everyone else to various addresses previously posted but I really don't know how much good it is going to do, I am so pissed off and disilusioned with what the game I grew up watching has turned into, and the only other sport I genuinely follow is boxing which is ruled in an even more corrupt way by the money men!!!!

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Simple fact of all this crap was The Times were had, and Tony Evans talks bollocks,

4th of August 2010

 

Well if that's the case. As a good Red he should come out and say they were had. If he dosn't want to put it in print. He should do it over another web chat.

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How about this for a scenario, you are two desperate greedy bastards who will stop at nothing to make a profit. Your meal ticket deal has gone sour and the people who lent you the money to buy it want it sold. You've had one bidder in the frame, they've withdrawn.

What do you do when faced with 6 weeks before you have to give it up.

 

I would,

 

1. Try desperately to borrow some more money

2. I'd hire some credible agent to give the impression that other bids were on the table so forcing people who were interested out of the shadows

3. I'd also Yank up the PR machine to discredit the withdrawn bidder as much as possible so that any new bids were looked on favourably by the other parties involved after seemingly rebuffing what had looked like an £800m injection including sale

 

I've no evidence to suggest any of this is going on except suspicion and doubt

 

for 2) above, which agent comes out and announces they 'may' make a bid between £400-£500m before actually making it, sort of gives the game away doesn't it

 

What I am saying is do not believe anyone at this stage, there is a lot of money at stake and backhanders abound (on LFCs expense account)

 

Gillett is one slimy lizard, don't trust anything you hear

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From ESPN...

 

Updated: August 27, 2010, 1:34 AM ETDeal to sell minority share collapsesEmail Print Comments30 Associated Press

 

"CLEVELAND -- A deal to sell a Chinese investment group a minority share of the Cleveland Cavaliers has collapsed.

 

The partnership between the group headed by Chinese businessman Kenny Huang and the Cavs never materialized, a team spokesman confirmed Thursday.

 

The sale had been expected to be completed last year, pending approval by the NBA's board of governors. But in May, commissioner David Stern said there were no plans for a league vote and the deal quickly dissolved.

 

The Cavaliers will maintain a relationship with Huang's company for business development in China.

 

A spokeswoman for Huang said his company has no stake in the Cavs and has decided to focus on China's domestic league.

 

"QSL is committed to bringing more international elements into the Chinese basketball league as well as focusing on supporting the domestic players," Agnes Suen said in a release"

 

 

Interesting that he was promoted around as already having a share in the Cavs.

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How about this for a scenario, you are two desperate greedy bastards who will stop at nothing to make a profit. Your meal ticket deal has gone sour and the people who lent you the money to buy it want it sold. You've had one bidder in the frame, they've withdrawn.

What do you do when faced with 6 weeks before you have to give it up.

 

I would,

 

1. Try desperately to borrow some more money

2. I'd hire some credible agent to give the impression that other bids were on the table so forcing people who were interested out of the shadows

3. I'd also Yank up the PR machine to discredit the withdrawn bidder as much as possible so that any new bids were looked on favourably by the other parties involved after seemingly rebuffing what had looked like an £800m injection including sale

 

I've no evidence to suggest any of this is going on except suspicion and doubt

 

for 2) above, which agent comes out and announces they 'may' make a bid between £400-£500m before actually making it, sort of gives the game away doesn't it

 

What I am saying is do not believe anyone at this stage, there is a lot of money at stake and backhanders abound (on LFCs expense account)

 

Gillett is one slimy lizard, don't trust anything you hear

 

Think that's a pretty decent reading of it.

Hoping there is another bidder, but all the noise a few weeks back was that only Huang was in for us.

 

October 6th is going to be interesting.

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Think that's a pretty decent reading of it.

Hoping there is another bidder, but all the noise a few weeks back was that only Huang was in for us.

 

October 6th is going to be interesting.

 

All those noises came from the people who were promoting the huang bid. Nobody will buy the club now as they want to see what rbs will do in October. Only when rbs act will those who want the club return to the table.

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All those noises came from the people who were promoting the huang bid. Nobody will buy the club now as they want to see what rbs will do in October. Only when rbs act will those who want the club return to the table.

 

Is this October 6th deadline the watershed everybody thinks it is ?

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Only if RBS are up for a real fight which I think is unlikely.

 

That is my view too. It's all down to rbs, however I'd they extend again it might let a few of the people on the fringes know there isn't a bucket price for the club, so meet the asking price or walk away. Because everyone knows this deadline it skews the market imo.

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  • 2 months later...

REVEALED: Former Liverpool suitor Kenny Huang served with $10m fraud summons in London « Sporting Intelligence

 

Dodged a bullet.

 

REVEALED: Former Liverpool suitor Kenny Huang served with $10m fraud summons in London

 

By Nick Harris

 

29 October 2010

 

The former Liverpool suitor Kenny Huang, exposed by sportingintelligence in August (link here) as someone with limited sports business credentials who lied under oath in an embezzlement trial (which he won), has today been served with legal papers in London that accuse him fraud, deceit and defamation among other things, charges that if proven could cost him around $10m.

 

The plaintiff in the case is a Florida resident, Deidre Halley-Wright, a former business associate of Huang. Huang is one of nine co-defendants in an action relating to a car import business. Huang has 20 days to respond to the summons, and could face a trial or a judgement against him in his absence if things get that far.

 

Huang gained international prominence when bidding for Liverpool, then pulling out without explanation.

 

Huang was in London to take part in a panel discussion about sport in China as part of an event called the Global Sport Summit.

 

Ms Halley-Wright had tried unsuccessfully to serve the papers several times on Huang in the USA, where he is domiciled, leading to a judge in Florida giving her extra time in August to serve him. The judge at the time described Huang as “very successfully evading service” up to that point.

 

Amid farcical scenes at today’s conference, Huang refused to answer any questions about Liverpool or his sports businesses, such as they are, and was eventually chased down a corridor by a group of journalists and camera crews, decling to talk about the lawsuit, until he escaped in a lift. He was later escorted by security through an underground exit, from where he was driven away in car with tinted windows.

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