Kenny Huang and Liverpool board disagree (Part 1)
As things finally settle down at Anfield there is yet another setback that Liverpool Football Club might have to face. There are rumours spreading fast that the Hong Kong based businessman Kenny Huang is losing interest in buying Liverpool.
It is has been reported that the Chinese investing company is dejected from the response shown by the Liverpool as both parties fail to negotiate on a price for the club.
QSL, the Chinese company, has stated that the investors in the company are extremely unhappy with the deficiency in advancement about the deal. Officials from the company have commented that because of Liverpool Club’s lack of interest they might eventually back off.
If this happens, it would be real bad news for the Merseyside as they are in a severe financial crisis. The club is currently in debt of up to 350 million pounds and their American owners Tom Hicks and George Gillett are failing to pay up.
Before the start of the summer, Hicks and Gillett had decided that they would sell the club appointed the club’s chairman, Martin Broughton for the task. After the appointment, Broughton brought a couple of parties interested in buying out the club but was unsuccessful. Therefore, he stated that it would take around 18 months to sell the club.
What he meant by that was that the club was in no state of being sold as no party would be interested in a takeover but he was wrong. As soon as the summer started an Arabian group came to buy the club but after a brief period of interaction they left, failing to agree on a final price for the club.
Pressure by fans and celebrities of the club like its former owner, David Moores, was mounting. Moores stated he regretted that he sold the club to the current owners as they had destroyed it. Hicks and George had barely invested in the club, which needed new players desperately.
Moores, also, stated that he sold the company because he was in a hurry and if he had more time he would have certainly looked for better owners. Hicks and George have also collaborated on the same phenomenon. They have said that they will only sell the club when they will be sure that the new owners are capable of taking the club in a new direction.
Liverpool saw many troubled moments after that, which made one begin to doubt if the club would ever make a comeback. But the new manager along with loyal supporter of the club brought back hope for the Scouse.
The new manager, Roy Hodgson, has done extremely well at the Merseyside. He has signed players intelligently. He has brought the Serbian star, Milan Jovanovic, from Standard Liege and Danny Wilson, from Rangers. After that came the magnificent move made by Hodgson in which he scored Joe Cole from Chelsea for free because of a free transfer.
Later, Hodgson was able to convince Steven Gerrard to stay at Liverpool. It was rumoured that he would be making a move to Real Madrid where there new manager has been after him for a long time. After that he signed in Christian Poulsen from Juventus.
He stated that the player is not a replacement for Argentinean captain, Javier Mascherano, but the fact remains that Mascherano may still make a move to either, Real Madrid, Inter Milan or Barcelona. Inter Milan and Barcelona have already claimed that they have agreed with him on the salary and the transfer fee has been agreed upon.
Soon after that, Kenny Huang, the head of QSL showed interest in the club and offered a bid. The club’s value was estimated to be near 700 million pounds two years back. But since then their bad performance, debts and depreciation has devalued the club a lot. Now the club is valued between 350-400 million pounds.
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