Huang takeover developments

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Liverpool Football Club could be sold “within days” to Chinese businessman Kenny Huang, according to a report by the BBC.

As we reported earlier, talks are said to be at a crucial and late stage regarding the sale of the club to Huang – who intends to pay off Liverpool’s debt owed to the Royal Bank of Scotland and get work underway on a new stadium.

A source close to Huang told the BBC, “A deal has to be done before the transfer window closes.

“Huang has made a firm proposal. The club’s board has to sanction the sale and it could be sewn up in days.

“Kenny is the only serious bidder interested in the club and he’s optimistic,” added the source.”

Huang is the head of Hong Kong based investment company QSL Sports Ltd and is thought to be keen to get the deal through as quickly as possible to allow new Reds boss Roy Hodgson the funds to sign new players before the transfer window closes on August 31st.

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