Liverpool FC In Dire Straits
3:06 PM // 0 comments // sb blogger // Category: Sports //By Tom Doerr
Recently there has been much speculation over the future ownership of Liverpool Football Club, most notably a possible buyout by Chinese businessman Kenneth Huang. Back in 2008 he was linked to a possible sale of the club but lost interest after its 650m valuation; the club is currently valued at 350m.
As chairman of Hong Kong based QSL Sports Group, Huang has the financial backing of a wealthy investment fund behind him. The move could see an end to Tom Hicks and George Gillett Jr's controversial ownership of the club.
RBS have insisted the owners are obliged to consider any offer for the club due to their 237m debt. Huang has offered to buy the debt from RBS in order to seal the deal, but the American owners have told RBS that they are in negotiations with former football international and Syrian Businessman Yahra Kirdi, this is expected to be an attempt to prise more money from the Chinese.
If Hicks and Gillett took the offer they would make no profit from the sale of the club which they bought in 2007 for 218.9m, they are reportedly hoping for an offer in the region of600m.
The 90,000-a-week contract will make him one of the highest paid players on the squad and the extension takes his deal up to a massive 18.72m.
Man United's players who took part in the world cup have been excused from the current USA tour so Vidic will make the deal official when he returns from his holiday. With the possibility of veterans such as Ryan Giggs and Edwin Van Der Sar going into retirement, Vidic could become one of the more senior figures in the locker room.
The club will also be in discussions with striker Wayne Rooney in attempts to extend his contract which currently has two years left to run. Vidic's decision to stay is a huge plus for the team considering Rio Ferdinand's fitness problems and the general uncertainty of their defense. - 39468
As chairman of Hong Kong based QSL Sports Group, Huang has the financial backing of a wealthy investment fund behind him. The move could see an end to Tom Hicks and George Gillett Jr's controversial ownership of the club.
RBS have insisted the owners are obliged to consider any offer for the club due to their 237m debt. Huang has offered to buy the debt from RBS in order to seal the deal, but the American owners have told RBS that they are in negotiations with former football international and Syrian Businessman Yahra Kirdi, this is expected to be an attempt to prise more money from the Chinese.
If Hicks and Gillett took the offer they would make no profit from the sale of the club which they bought in 2007 for 218.9m, they are reportedly hoping for an offer in the region of600m.
The 90,000-a-week contract will make him one of the highest paid players on the squad and the extension takes his deal up to a massive 18.72m.
Man United's players who took part in the world cup have been excused from the current USA tour so Vidic will make the deal official when he returns from his holiday. With the possibility of veterans such as Ryan Giggs and Edwin Van Der Sar going into retirement, Vidic could become one of the more senior figures in the locker room.
The club will also be in discussions with striker Wayne Rooney in attempts to extend his contract which currently has two years left to run. Vidic's decision to stay is a huge plus for the team considering Rio Ferdinand's fitness problems and the general uncertainty of their defense. - 39468
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Many fans have rallied in protest outside Anfield in their Liverpool football shirt and some of the top players could lose their Adidas predators in a sponsorship clause.
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