A Chinese consortium are reportedly planning a multi-million pound bid for a stake in Liverpool | News 

A state-backed conglomerate are said to value the club at £700 million [over R12-billion] and a preliminary offer has been made.

According to a club-insider, China Everbright have placed the hefty valuation on the club and intend to make a serious bid to gain a stake.

Liverpool have since denied any offer being tabled although it is understood that Fenway Sports Group, the current American owners of the side, have reacted to the bid by appointing financial advisors.

At this stage any potential investment will likely be a partnership with Fenway rather than a complete buy-out.

If finalised, it would represent one of the most eye-catching investments to date by a company from China.

Nonetheless, FSG have made it clear that they are not interested in an outright sale but have indicated they are open to selling a minority stake.

The club’s chairman, Tom Werner, told the Daily Mail, “We’ve said in the past, under the right conditions and absolutely with the right partner, we could look at some small investment stake in the club but only in the framework of doing what would be in the club’s long-term best interests.”

China Everbright’s £700 million valuation of Liverpool reportedly make the club worth more than Manchester City.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s