Chinese government denies backing LFC bid
China Investment Corporation (CIC) has denied any involvement that it is backing a takeover bid for Liverpool Football Club by businessman Kenny Huang.
The investment arm of the Chinese administration says that it had not heard of Huang’s plan, according to reports in the Financial Times and elsewhere. Huang is chairman of Hong Kong-based QSL Sports.
Liverpool chairman martin Broughton and Barclays Capital say they have yet to receive a formal bid for the club, owned by Americans Tom Hicks and George Gillett.
At least four different parties have registered an interest in buying LFC and these are said to include Syrian Yahya Kirdo, US private equity group The Rhone Group and the Kuwaiti billionaire Nasser al Kharafi.
Liverpool won through to the play-off stage of the Europa League last night (5 August) with a 2-0 victory over Rabotnicki.
