Kenny Huang will step up his bid for control of Liverpool this week by making a formal offer of about £400million.
Chinese entrepreneur Huang has had positive discussions with Anfield officials and Barclays Capital, who are assisting in the sale of the club, over the weekend and will look to speed up the process.
Huang has already outlined the broad basis of his bid, but plans to formally present a legally binding document showing proof of funding in the next few days.
Liverpool have not set a deadline for bids and chairman Martin Broughton is adamant he will not be rushed into making a decision in an attempt to avoid repeating the mistakes that saw George Gillett and Tom Hicks allowed to buy the club in 2007.
Hicks and Gillett are opposed to Huang’s bid as it does not guarantee them any profit after three years at the helm and have instead been dealing with Syrian businessman Yahya Kirdi.
It is claimed that Kirdi, who lives in Canada, is willing to pay £600m for Liverpool, which is more in line with the valuation.
Yet the fact that Kirdi’s potential offer is so high means it is being treated with scepticism by Anfield insiders. He too will be have to put up or shut up in the coming days.
No comments:
Post a Comment