KopTalk.com Forums Football Liverpool FC Forum Businessman Huang in LFC talks?

latest news on buyout


http://www.skysports.com/story/0,19528,11661_6297234,00.html


key member of the Chinese consortium bidding to buy Liverpool has defended their approach which he says is in the best interest of the club.

Marc Ganis, whose Chicago-based company Sportscorp Ltd. has helped form the investment group, said that any takeover would not enrich American co-owners Tom Hicks and George Gillett.

Instead, he has implied that a significant amount of cash would be given to construct the long-delayed new stadium which will replace Anfield.

He has also suggested that a large sum would be available to invest in new signings which would make a debt-free Liverpool major challengers in the upcoming campaign

Bookie Suspends Liverpool Takeover Betting Market as Huang Closes in on Reds

Irish bookmaker Paddy Power has suspended the Liverpool Takeover betting market on their website as speculation coninues to grow that Kenny Huang is set to buy the club.

Paddy Power saw a flurry of bets being placed Friday morning as word spread that a deal could be finalised in the next few days. Eventually they had to pull the market after fears of a huge loss.

Chinese business man Kenny Huang has been heavily linked with a takeover of the Merseyside club as is the front runner to become the new owner.

Marc Ganis, a business associate of Huang's today confirmed that he made contact with the board at Liverpool FC on Monday on behalf of the Hong Kong-based investment firm, QSL Sports.

"We haven't submitted a formal proposal but we submitted the broad parameters of what a proposal would look like to see if it would be welcomed, and it was," said Mr Ganis.

"From what we have seen from afar, many of the people currently running Liverpool are doing a good job. There shouldn't be an expectation there would be a mass upheaval if we submit and are approved," he added.

Paddy Power have not confirmed if this betting market is officially closed, but it is expected to remain suspended at least until after the weekend.

They also suspended bets on Torres joining Chelsea...just to not taking hopes to much, though I will really want this whole "sale saga" to be over...

It depends on what type of fan you are, if you want the league to be earned you wont like the thought of becoming like City or Chelsea, if on the other hand you have never seen Liverpool win a league then you probably dont care whose in charge, where the money comes from or how much money the players costs or how much you pay him wages. I would say virtualy anyone under say 30 years of age wont be bothered as long as they get success and the older ones with morals and principles will be more worried. If it does end up becoming a Chinese Club not many on here seem to of questioned China's human rights record by the way which again backs up what I say about the under 30s who have'nt seen anything.

Hopefully we'll see a conclusion to all sh*t next week. It will be great when this thread no longer exists and instead its we have one saying "FAT YANKS ARE GONE!"

Just wait am see what happens red4life, where don't exactly need a whole exactly need 10 players to be brought in we only need 4 players that would see is challenging again

iPhones r [oops], we don't exaclty need it was meant to say, apologies

i long for that thread "next week please god"

well i dont care who buys us. as long as there is glory and jesters hats.

A quick point; Standard Chartered Bank has major retail operations in Asia. A Chinese takeover is good for our new sponsors too.