Liverpool FC Forum

by **dawson99** » Mon Aug 02, 2010 8:14 am

Gillette and Hicks could soon be Huang and dried...

I'm awesome aren't I?

Whispers are growing about the bid

by **tubby** » Mon Aug 02, 2010 8:24 am

Interesting that last bit about the club wanting Torres and rest to delay any decisions until the takeover is complete. Here we go again...

by **tubby** » Mon Aug 02, 2010 8:27 am

The Times tonight reported that Kenneth Huang was bidding to take control of Liverpool FC. Tony Evans, Football Editor of The Times, has kindly given us permission to reproduce the story here.

Exclusive: Chinese in a hurry to take control of Liverpool
Tony Evans, Football Editor, and Tony Barrett

Liverpool’s ownership battle picked up pace yesterday when it emerged that a Chinese tycoon was in negotiation with Royal Bank of Scotland to take control of the club.

Kenny Huang, who is partnered by one of the biggest sovereign wealth funds in the Far East, is determined to wrest control from Tom Hicks and George Gillett Jr before the transfer window closes. Last month, Huang made approaches to a number of key figures at Anfield to emphasise the seriousness of the bid in an attempt to forestall a summer exodus of players.

Fernando Torres, who reports back to training today, will be asked to delay any decision on his future until the outcome of the takeover bid is known.

Liverpool have been up for sale since April, when the American owners appointed Martin Broughton, the British Airways chairman, to oversee any deal. However, last week, no viable bidder had come forward and Broughton has not moved the process on.

Hicks and Gillett took over three years ago in a leveraged buyout and owe RBS about £237 million. Hicks has consistently quoted an asking price of £800 million club but business analysts consider this unrealistic, with £325 million a more reasonable figure.

The approach by Huang guarantees RBS the repayment of the vast majority of the loan because the bid guarantees to clear Liverpool’s debt.

Huang, who was first linked with a buyout at Liverpool two years ago, has an impressive track record as head of QSL Sports Limited, a Hong Kong-based investment company. He was instrumental in taking Yao Ming, the basketball superstar, to the Houston Rockets in the NBA.

Sources close to Huang said that he was eager to push the Liverpool deal through to make use of the transfer window. Roy Hodgson, the manager, would be given funds to add to a squad that dropped out of the top four and the Champions League places last season.

As well as generating revenue, Huang plans to build a new stadium as quickly as possible. The Americans made a similar promise in February 2007, pledging that ground would be broken on the Stanley Park site within 60 days, but work has still not started.

http://www.thetimes.co.uk/tto....244.ece

by **metalhead** » Mon Aug 02, 2010 8:40 am

dawson99 wrote:Gillette and Hicks could soon be Huang and dried...

I'm awesome aren't I?

Whispers are growing about the bid

Lol

by **SouthCoastShankly** » Mon Aug 02, 2010 9:23 am

bavlondon wrote:The Times tonight reported that Kenneth Huang was bidding to take control of Liverpool FC. Tony Evans, Football Editor of The Times, has kindly given us permission to reproduce the story here.

Exclusive: Chinese in a hurry to take control of Liverpool
Tony Evans, Football Editor, and Tony Barrett

Liverpool’s ownership battle picked up pace yesterday when it emerged that a Chinese tycoon was in negotiation with Royal Bank of Scotland to take control of the club.

Kenny Huang, who is partnered by one of the biggest sovereign wealth funds in the Far East, is determined to wrest control from Tom Hicks and George Gillett Jr before the transfer window closes. Last month, Huang made approaches to a number of key figures at Anfield to emphasise the seriousness of the bid in an attempt to forestall a summer exodus of players.

Fernando Torres, who reports back to training today, will be asked to delay any decision on his future until the outcome of the takeover bid is known.

Liverpool have been up for sale since April, when the American owners appointed Martin Broughton, the British Airways chairman, to oversee any deal. However, last week, no viable bidder had come forward and Broughton has not moved the process on.

Hicks and Gillett took over three years ago in a leveraged buyout and owe RBS about £237 million. Hicks has consistently quoted an asking price of £800 million club but business analysts consider this unrealistic, with £325 million a more reasonable figure.

The approach by Huang guarantees RBS the repayment of the vast majority of the loan because the bid guarantees to clear Liverpool’s debt.

Huang, who was first linked with a buyout at Liverpool two years ago, has an impressive track record as head of QSL Sports Limited, a Hong Kong-based investment company. He was instrumental in taking Yao Ming, the basketball superstar, to the Houston Rockets in the NBA.

Sources close to Huang said that he was eager to push the Liverpool deal through to make use of the transfer window. Roy Hodgson, the manager, would be given funds to add to a squad that dropped out of the top four and the Champions League places last season.

As well as generating revenue, Huang plans to build a new stadium as quickly as possible. The Americans made a similar promise in February 2007, pledging that ground would be broken on the Stanley Park site within 60 days, but work has still not started.

http://www.thetimes.co.uk/tto....244.ece

Sounds promising and if true this explains the lack of significant transfer activity despite £50m being available (as discussed in the Del Roy thread)

by **Scottbot** » Mon Aug 02, 2010 9:24 am

I can't get excited about it because this seems to happen every 5-6 weeks. I expect any takeover will happen quickly and quietly. Remember when hicks/gillette came in? There was very little word of it in the press and suddenly a deal was virtually done. Same goes for the Man City takeover.

by **Scottbot** » Mon Aug 02, 2010 9:31 am

good to see it make the Echo, Telegraph and Guardian though, often these rumours only show up on some of the more obscure websites.

by **Ciggy** » Mon Aug 02, 2010 9:53 am

Scottbot wrote:good to see it make the Echo, Telegraph and Guardian though, often these rumours only show up on some of the more obscure websites.

This is getting serious

By Dan Roan,
BBC Sports News Correspondent

Liverpool could be bought by a Chinese business tycoon within days, according to a source close to the deal.
Kenny Huang, head of Hong-Kong based investment company QSL Sports Ltd, wants to take full control of the Reds, who have been up for sale since April.
"A deal has to be done before the transfer window closes [on 31 August]," a source close to Huang told BBC Sport.
"Huang has made a firm proposal. The club's board has to sanction the sale and it could be sewn up in days."
Huang has been talking for several weeks to representatives of the Royal Bank of Scotland, with the aim of taking full control of the Premier League club.

RBS are Liverpool's main creditors, owed about £237m by American co-owners Tom Hicks and George Gillett.
"Kenny is the only serious bidder interested in the club and he's optimistic," added the source.
More to follow.

http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/8876510.stm

by **dawson99** » Mon Aug 02, 2010 9:59 am

looks like the owners could be huang, drawn and quartered by the end of the week

by **Scottbot** » Mon Aug 02, 2010 10:02 am

Ciggy wrote:
Scottbot wrote:good to see it make the Echo, Telegraph and Guardian though, often these rumours only show up on some of the more obscure websites.

This is getting serious

By Dan Roan,
BBC Sports News Correspondent

Liverpool could be bought by a Chinese business tycoon within days, according to a source close to the deal.
Kenny Huang, head of Hong-Kong based investment company QSL Sports Ltd, wants to take full control of the Reds, who have been up for sale since April.
"A deal has to be done before the transfer window closes [on 31 August]," a source close to Huang told BBC Sport.
"Huang has made a firm proposal. The club's board has to sanction the sale and it could be sewn up in days."
Huang has been talking for several weeks to representatives of the Royal Bank of Scotland, with the aim of taking full control of the Premier League club.

RBS are Liverpool's main creditors, owed about £237m by American co-owners Tom Hicks and George Gillett.
"Kenny is the only serious bidder interested in the club and he's optimistic," added the source.
More to follow.

http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/8876510.stm

HELLO!!!!!!!!!!!!

That's more like it! SSN are all over it as well!

Lets see where this goes.......

by **Scottbot** » Mon Aug 02, 2010 10:03 am

dawson99 wrote:looks like the owners could be huang, drawn and quartered by the end of the week

or Huang out to dry!

Oooops, you seem to have already made this terrible joke!

by **NANNY RED** » Mon Aug 02, 2010 10:06 am

Im actualy scared getting me hopes up and then left to feel drained again if nothing happens , god i really hope this is true

by **roberto green** » Mon Aug 02, 2010 10:07 am

I'm not going to get my hopes up untill it is a cert there has been to many false dawns.

Please god let it be true!!!!

by **NANNY RED** » Mon Aug 02, 2010 10:16 am

Another sponser an all by the looks of it,

German outdoor clothing outfitter Jack Wolfskin continues its successful campaign to increase brand recognition in the UK with its commitment to sponsor Liverpool FC in the coming season.

A contract period of three years has been agreed and the deal includes a range of rights that will enhance Jack Wolfskin's exposure.

"The decision to partner with a popular and historical club such as Liverpool was in keeping with our goals of increasing brand recognition in the UK by using the popularity of football and to attract new target groups to the outdoor clothing market. This strategy builds on the huge success that Jack Wolfskin has had on the domestic market," is how Manfred Hell, Managing Director of Jack Wolfskin GmbH & Co. KGaA, explains the expansion of the brand's sponsorship portfolio.

"For many years, sponsoring the German league has been one of the most important elements of Jack Wolfskin's brand promotion in Germany, which is why we are all the more delighted to be active with England's most successful club as part of this expansion abroad. This unique combination of tradition and success and the inimitable legend of Anfield Road would set any football fan's heart racing."

Ian Ayre, Liverpool Football Club's Commercial Director added, "We welcome Jack Wolfskin to our family of partners. They are seeking to expand their business in the UK, and our goal is to help them increase awareness of their products that are designed for high altitude and outdoor activities."

by **NANNY RED** » Mon Aug 02, 2010 10:38 am

Bit of info on him

http://live4liverpool.com/2010....w-owner

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