Kenny Huang to buy Liverpool football club

August 2, 2010 | Filed Under: Blog, UK Box Update 
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Kenny Huang a very famous Chinese businessman today has put a bid in to buy liverpool and end Tom Hicks and George Gillett control of the Premier League club.

Things you need to know about Huang are that although he is very rich its in his backers that really holds all the billions. The second fact is that not only will he bring wealthy backers, his connections with China’s state owned companies mean exceptionally lucrative sponsorship deals from the Far East.

One of his crucial partners in the usa was with one Les Alexander, and this is where Huang’s connections in sport become very interesting. Alexander is the owner of the NBA’s Houston Rockets and back in 2002, Huang worked with Alexander to bring Chinese giant Basketball superstar Yao Ming to the NBA to play for Alexander’s team.

Huang’s involvement in US Sport doesn’t end there though. He seems to have enthusiasm for many American sports including basketball and baseball. He uses his company SportsPro Media China to link Chinese sponsors and US Sports giants including baseball team New York Yankees where he owns a percentage of the franchise with American businessman Marc Ganis.

If Huang’s consortium does takeover, expect many pre-season tours of China, but also keep in mind that Liverpool maybe the first football club to crack the highly lucrative market in China. Huang already has a track record of doing this, tying Anta to Houston Rockets and more recently Tsing Tsao to the Cleveland Cavaliers. His passion for sport is undoubted with his deal-brokering in both Basketball and Baseball, and he now looks like turning his attention to football

Huang, chairman of the Hong Kong-based QSL Sports Group, has the backing of a wealthy investment fund behind him. “A deal has to be done before the transfer window closes,” a source close to Huang told the BBC. “Huang has made a firm proposal. The club’s board has to sanction the sale and it could be sewn up in days.”

Reports also rumour at the moment, and this could be all it is, are saying that Dubai International Capital (DIC) are believed to have submitted a fresh bid to take over Liverpool aswell.

This can only be good news to the ears of all liverpool fans?

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