Chinese deal reports played down by Reds

21 Aug

Liverpool’s owners have apparently played down reports of a possible sale of a stake in the club to a Chinese-backed consortium.

Liverpool: Chinese deal reports played down by RedsLiverpool: Chinese deal reports played down by Reds

Reports claim they were gearing up for a possible sale.

However, it’s now believed there have been no active discussions involving the Fenway Sports Group, and no bid had been received.

The Financial Times reported that Liverpool’s owners had hired an investment bank to advise on the possible sale of a sizeable stake to a partnership between Everbright, a Chinese state-owned financial conglomerate, and PCP Capital Partners.

If any deal went through it would represent one of the most significant investments to date by a Chinese company in an English football club.

Aston Villa, West Brom and Wolves are already under Chinese ownership.

China Media Capital also bought a minority stake in Manchester City last year in a deal announced after the Chinese Premier, Xi Jinping, visited the club during a state visit to Britain.


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