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Can't believe there isn't a thread. If this is true, then this will have a very big impact on the coming season.

Chinese businessman promises to invest in team and stadium

The Chinese businessman Kenny Huang has pledged to invest heavily in Liverpool should his ownership bid succeed.

The head of the Hong Kong-based investment company QSL Sports Ltd has been in talks with Royal Bank of Scotland over buying out the Reds' £237m debt. That would give him "a ridiculously large amount of leverage", a source told the Press Association, in order to be able to force out the club's unpopular owners Tom Hicks and George Gillett.

But the spending would reportedly not stop there as Huang, whose interest is described as "remarkably serious", is keen to get a deal done in order to be able to furnish Roy Hodgson with money to spend in this month's transfer window. In addition, he would turn his attention to finally getting Liverpool's new 60,000-seat stadium built in Stanley Park after three years of inertia.

"He wants to get it done quickly so investment can come this summer," said a source close to the bid. "Liverpool need investment in the playing squad and infrastructure and Huang wants to build the stadium. The club has an outstanding reputation but does not have the infrastructure to keep with it and make it grow."

Huang is backed by one of the wealthiest investment funds in the Far East and is well known in China for his interests in baseball and basketball, last year buying a 15% stake in the NBA's Cleveland Cavaliers. He was first linked with a buy-out at Liverpool two years ago but believes now is the time to make his move.

Huang is making all the right noises to get supporters on board but although the majority would be delighted to see the back of Hicks and Gillett, the fans will be wary of grandiose promises. The US owners made similar claims when they assumed control just over three years ago, with Gillett insisting there would be a "spade in the ground [for the new stadium] within 60 days".

That particular boast, like many others, remains unfulfilled while investment in the squad has all but dried up The pair put the club up for sale in April after admitting they had taken Liverpool as far as they could and an independent chairman, Martin Broughton, was appointed along with Barclays Capital to find a new buyer.

However, Huang bypassed that process completely by going straight to major creditor, RBS. He hopes by making an offer which will see the bank receive most of its money back he can force Hicks and Gillett out of Anfield. "By going to RBS you can leverage a large amount of pressure that no one else can on the owners," the insider added. "It is a deal which has no interest in shareholders, meaning there will be no profit for Hicks and Gillett."

Gillett informed RBS last week that he is in advanced negotiations with the Syrian businessman Yahya Kirdi. However, this has been viewed as a stalling tactic in an attempt to delay the bank's considerations.

If RBS decides to turn down Huang's proposal – and no new viable bidders are forthcoming – it has the option of calling in the loan in October. It would then be classed as "distressed debt" but with the transfer window by then closed, Liverpool would be a much less attractive proposition to investors.

Huang is believed to have already spoken to senior figures at Anfield to express his seriousness. He hopes that his message will filter down to help persuade players like Fernando Torres, who returned to training today after his post-World Cup break, that the club do have a better future.

Liverpool are ruining football.

I doubt the yanks will stand by and allow a hostile takeover

This represents the most sensible way to buy the club but who is to say the owners will be sensible about it, they want a profit not to see the debts paid off. If they think they can keep making a return on their money (debt) then they wont sell.

copycats, how much would it piss the rags off if not only we took over them but liverpool aswell.

You can't just splash the cash and buy players to win stuff. It just doesn't happen. Liverpool are classless mugs. The players going there are just in it for the money. They have no history. LOL LOL LOL. Pathetic. They are a laughing stock...... anything else I've forgotten?

Tony P wrote:You can't just splash the cash and buy players to win stuff. It just doesn't happen. Liverpool are classless mugs. The players going there are just in it for the money. They have no history. LOL LOL LOL. Pathetic. They are a laughing stock...... anything else I've forgotten?

you forgot to call them "shittypool" and I am sure there is room for "deluded fans" there as well

Tony P wrote:You can't just splash the cash and buy players to win stuff. It just doesn't happen. Liverpool are classless mugs. The players going there are just in it for the money. They have no history. LOL LOL LOL. Pathetic. They are a laughing stock...... anything else I've forgotten?

yeah, hodgson will be sacked as he is "not the new regime's man". also, they can't attract the top players as they have no CL footy to offer.

think that about does it?

Beefymcfc wrote:Can't believe there isn't a thread. If this is true, then this will have a very big impact on the coming season.

Chinese businessman promises to invest in team and stadium

The Chinese businessman Kenny Huang has pledged to invest heavily in Liverpool should his ownership bid succeed.

The head of the Hong Kong-based investment company QSL Sports Ltd has been in talks with Royal Bank of Scotland over buying out the Reds' £237m debt. That would give him "a ridiculously large amount of leverage", a source told the Press Association, in order to be able to force out the club's unpopular owners Tom Hicks and George Gillett.

But the spending would reportedly not stop there as Huang, whose interest is described as "remarkably serious", is keen to get a deal done in order to be able to furnish Roy Hodgson with money to spend in this month's transfer window. In addition, he would turn his attention to finally getting Liverpool's new 60,000-seat stadium built in Stanley Park after three years of inertia.

"He wants to get it done quickly so investment can come this summer," said a source close to the bid. "Liverpool need investment in the playing squad and infrastructure and Huang wants to build the stadium. The club has an outstanding reputation but does not have the infrastructure to keep with it and make it grow."

Huang is backed by one of the wealthiest investment funds in the Far East and is well known in China for his interests in baseball and basketball, last year buying a 15% stake in the NBA's Cleveland Cavaliers. He was first linked with a buy-out at Liverpool two years ago but believes now is the time to make his move.

Huang is making all the right noises to get supporters on board but although the majority would be delighted to see the back of Hicks and Gillett, the fans will be wary of grandiose promises. The US owners made similar claims when they assumed control just over three years ago, with Gillett insisting there would be a "spade in the ground [for the new stadium] within 60 days".

That particular boast, like many others, remains unfulfilled while investment in the squad has all but dried up The pair put the club up for sale in April after admitting they had taken Liverpool as far as they could and an independent chairman, Martin Broughton, was appointed along with Barclays Capital to find a new buyer.

However, Huang bypassed that process completely by going straight to major creditor, RBS. He hopes by making an offer which will see the bank receive most of its money back he can force Hicks and Gillett out of Anfield. "By going to RBS you can leverage a large amount of pressure that no one else can on the owners," the insider added. "It is a deal which has no interest in shareholders, meaning there will be no profit for Hicks and Gillett."

Gillett informed RBS last week that he is in advanced negotiations with the Syrian businessman Yahya Kirdi. However, this has been viewed as a stalling tactic in an attempt to delay the bank's considerations.

If RBS decides to turn down Huang's proposal – and no new viable bidders are forthcoming – it has the option of calling in the loan in October. It would then be classed as "distressed debt" but with the transfer window by then closed, Liverpool would be a much less attractive proposition to investors.

Huang is believed to have already spoken to senior figures at Anfield to express his seriousness. He hopes that his message will filter down to help persuade players like Fernando Torres, who returned to training today after his post-World Cup break, that the club do have a better future.

How many times now have i heard all this sensationalist bollocks from the media about "when i take over this club, i'm gonna invest gizzillions into player transfers", i've lost count!

Fact is to date only us and chelsea have had owners who have truly put there money where there mouth is.

Frankly i don't see this kenny huang being much different to gillet and hicks in the long run, he'll have a pot of money now for sure but he and his investors will want to make a return on the money. They are not in it for a love of the game or Liverpool, nor does he personally have money to burn, he and the investment group behind him are in it just to make money. Blatantly yet another man and investment group who think they can make a success of the Asian market where everyone else has failed.

Good luck to them but absolutely nothing for city to be concerned over.

i wonder if they will be ruining football if they start spending millions as well.

This sounds more like a Chinese take away than a Chinese take over.
I wonder if he's a mate of our Frank?

I can see this seriously pissing the rags and Arsenal off, if it goes through.

I wouldn't be concerned if it was true - a genuine 3 way dogfight for the title between us, chelsea and liverpool would be class

Hong Kong-based investment company. "Danger Will Robinson, Danger!"

Blue Blood wrote:

Beefymcfc wrote:Can't believe there isn't a thread. If this is true, then this will have a very big impact on the coming season.

Chinese businessman promises to invest in team and stadium

The Chinese businessman Kenny Huang has pledged to invest heavily in Liverpool should his ownership bid succeed.

The head of the Hong Kong-based investment company QSL Sports Ltd has been in talks with Royal Bank of Scotland over buying out the Reds' £237m debt. That would give him "a ridiculously large amount of leverage", a source told the Press Association, in order to be able to force out the club's unpopular owners Tom Hicks and George Gillett.

But the spending would reportedly not stop there as Huang, whose interest is described as "remarkably serious", is keen to get a deal done in order to be able to furnish Roy Hodgson with money to spend in this month's transfer window. In addition, he would turn his attention to finally getting Liverpool's new 60,000-seat stadium built in Stanley Park after three years of inertia.

"He wants to get it done quickly so investment can come this summer," said a source close to the bid. "Liverpool need investment in the playing squad and infrastructure and Huang wants to build the stadium. The club has an outstanding reputation but does not have the infrastructure to keep with it and make it grow."

Huang is backed by one of the wealthiest investment funds in the Far East and is well known in China for his interests in baseball and basketball, last year buying a 15% stake in the NBA's Cleveland Cavaliers. He was first linked with a buy-out at Liverpool two years ago but believes now is the time to make his move.

Huang is making all the right noises to get supporters on board but although the majority would be delighted to see the back of Hicks and Gillett, the fans will be wary of grandiose promises. The US owners made similar claims when they assumed control just over three years ago, with Gillett insisting there would be a "spade in the ground [for the new stadium] within 60 days".

That particular boast, like many others, remains unfulfilled while investment in the squad has all but dried up The pair put the club up for sale in April after admitting they had taken Liverpool as far as they could and an independent chairman, Martin Broughton, was appointed along with Barclays Capital to find a new buyer.

However, Huang bypassed that process completely by going straight to major creditor, RBS. He hopes by making an offer which will see the bank receive most of its money back he can force Hicks and Gillett out of Anfield. "By going to RBS you can leverage a large amount of pressure that no one else can on the owners," the insider added. "It is a deal which has no interest in shareholders, meaning there will be no profit for Hicks and Gillett."

Gillett informed RBS last week that he is in advanced negotiations with the Syrian businessman Yahya Kirdi. However, this has been viewed as a stalling tactic in an attempt to delay the bank's considerations.

If RBS decides to turn down Huang's proposal – and no new viable bidders are forthcoming – it has the option of calling in the loan in October. It would then be classed as "distressed debt" but with the transfer window by then closed, Liverpool would be a much less attractive proposition to investors.

Huang is believed to have already spoken to senior figures at Anfield to express his seriousness. He hopes that his message will filter down to help persuade players like Fernando Torres, who returned to training today after his post-World Cup break, that the club do have a better future.

How many times now have i heard all this sensationalist bollocks from the media about "when i take over this club, i'm gonna invest gizzillions into player transfers", i've lost count!

Fact is to date only us and chelsea have had owners who have truly put there money where there mouth is.

Frankly i don't see this kenny huang being much different to gillet and hicks in the long run, he'll have a pot of money now for sure but he and his investors will want to make a return on the money. They are not in it for a love of the game or Liverpool, nor does he personally have money to burn, he and the investment group behind him are in it just to make money. Blatantly yet another man and investment group who think they can make a success of the Asian market where everyone else has failed.

Good luck to them but absolutely nothing for city to be concerned over.

Well said BB. That word 'investment' would terrify me. Certainly wont be throwing money away!

Wonder if he fancies a bodding war with us on a player - I'd guess not.

So long as United remain skint with Steptoe and Sons, I've no poblem with it tbh.

I guess the Liverpool theme tune will become "You'll never wok alone".

Also heard the new ground will be closer to the Mersey and they will change name to Riverpool

Blue in North London wrote:I guess the Liverpool theme tune will become "You'll never wok alone".

Also heard the new ground will be closer to the Mersey and they will change name to Riverpool

PMSL.

Blue in North London wrote:I guess the Liverpool theme tune will become "You'll never wok alone".

Also heard the new ground will be closer to the Mersey and they will change name to Riverpool

It's Flried LRice you Plick!

And the reason I dont give a fuck is underlined;


By David Tully

Kenneth Huang, or Jian-hua Huang to go by his Chinese name, has been linked with a consortium who are apparently attempting to buy Liverpool Football Club, but who exactly is he? Huang had the unique honour of becoming China’s first graduate to work in the New York Stock Exchange in the 1980s, and has developed an interest in Western culture during his time in the United States. After graduating in 1984 with a BA degree from Zhongshan University in Guangzhou, his hometown, he moved to study in the US at Columbia University before moving to New York to complete his Masters degree at St Johns. It was when he was at New York University though, while completing some MBA financial management courses, that he began to work at the Stock Exchange.

From here on, Huang became an exceptionally accomplished business executive, building relationships in his native China and using his connections to great effect. He set up many international investments and financing projects between Chinese and American companies, partnering with many of China’s large state-owned enterprises in the deals, and making large profits by benefiting from the economic boom in China. One of his crucial partners in America was with one Les Alexander, and this is where Huang’s connections in sport become very interesting. Alexander is the owner of the NBA’s Houston Rockets and back in 2002, Huang worked with Alexander to bring Chinese Basketball superstar Yao Ming to the NBA to play for Alexander’s team.

Huang’s involvement in US Sport doesn’t end there though. He seems to have enthusiasm for many American sports including basketball and baseball. He uses his company SportsPro Media China to link Chinese sponsors and US Sports giants including baseball team New York Yankees where he owns a percentage of the franchise with American businessman Marc Ganis. He has also brought much needed multi-year sponsorship deals for basketball teams Houston Rockets and Cleveland Cavaliers in recent years, as well helping to boost the NBA’s profile in China through pre-season tours. Early this year, Huang bought a 15% stake in the Cleveland Cavaliers leading to speculation in the US that Yao Ming will link up at Cleveland with NBA all-star Lebron James.

As well as being involved with sport in America, Huang has started to promote basketball in his native China, buying Jilin Northeast Tigers and purchasing a Basketball league in his home country (the National Basketball League) to rival the present Chinese Basketball Association. On top of this, he announced last year a youth Baseball league in the country, showing that his enthusiasm for sport is wide ranging. Huang it seems is determined to make both sports as popular as possible in China.

Huang continues to excel in business too and recently set up a new business venture called Rocket Capital with Les Alexander and San Antonio Spurs former owner Billy Joe “Red” McCombs. Together (with Alexander & McCombs billions and Huang’s connections with China’s state industries) they have begun to collect an assortment of companies, investing in one of China’s largest automakers Brilliance Auto, as well as in the China Railway Group, China Sinoma International Engineering, Uni President Enterprises Corp, Xinjiang XinXin Mining Industry, and Anta Sports Products, the last of which now sponsor’s Alexander’s Houston Rockets. Rocket Capital also has invested large amounts into Hong Kong’s private equity market, to the amount of $200 million in 2007 alone.

The two things you need to know about Huang then, are that although he is wealthy, it is his backers that really hold the billions. The second fact is that not only will he bring wealthy backers, his connections with China’s state owned companies mean exceptionally lucrative sponsorship deals from the Far East. If Huang’s consortium does takeover, expect many pre-season tours of China, but also keep in mind that Liverpool maybe the first football club to crack the highly lucrative market in China. Huang already has a track record of doing this, tying Anta to Houston Rockets and more recently Tsing Tsao to the Cleveland Cavaliers. His passion for sport is undoubted with his deal-brokering in both Basketball and Baseball, and he now looks like turning his attention to football and Liverpool FC.

Chopper, if he is a wealthy man with Billionaire backers, and the whole nation of China to support him, why wouldn't it bother you; even though we're not really bothered?