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Debt-stricken football club Liverpool could be on the verge of a multi-million pound takeover by Chinese businessman Kenny Huang, according to reports.
It is believed that Huang, who was first linked with a possible buyout more than two years ago, is currently in negotiations with the Royal Bank of Scotland and first made his interest clear before this summer's FIFA World Cup.
The deal could be tied up before the end of this month, so that recently-appointed manager Roy Hodgson can be given a crucial cash injection to allow him to strengthen the playing squad before the transfer window closes.
Huang is thought to have the backing of Chinese government-owned investment funds and first made his name as a broker on Wall Street, establishing numerous ventures between businesses from China and the US.
The reports came after rumours swirled surrounding the possible interest of Syrian tycoon Yahya Kirdi, who first emerged as a potential buyer for Liverpool several months ago.
Written by Paul Roberts
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21 October 2010
21 October 2010
21 October 2010
20 October 2010
20 October 2010
