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Speculation mounts over Liverpool FC buyout

Tue 3rd Aug 2010 | Clubs Ownership

Speculation that Liverpool Football Club could be sold before the end of the end of the month is mounting following intensified interest in buyers for the club.

Chairman Martin Broughton says the club will look to conclude a sale before the transfer window closes on 31 August after receiving “several” offers.

It was reported yesterday that Chinese businessman and chairman of Hong Kong-based QSL Sports Kenny Huang had approached the club’s bankers RBS and Wachovia as well as Broughton about buying the club.

Huang is understood to be interested in buying the £237m debt owed to RBS, or buying the club outright. However, this was dismissed by RBS who released a statement noting that they had not received any offers for the club.

However, speculation rife that the Kuwaiti-based al-Kharafi family has also approached Broughton and Barclays Capital, which has been appointed by Tom Hicks and George Gillett to oversee the sale of the club.

Huang could offer the club huge commercial opportunities in the potentially enormous Chinese market where Premier League football is massively popular in and Liverpool already have a large fan-base there.

The club signed a £80m four-year deal with Standard Chartered Bank last year with the intention of using the bank’s Asian stronghold to help “increase the family of Liverpool fans”.

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