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Sovereign Wealth Funds Briefing - Categorized | Investment

Can China save Liverpool from the red?

Posted on 17 August 2010

From Financeasia.com: As businesses go, English Premier League football teams tend to be spectacularly good at losing money. Kenneth Huang, chairman of Hong Kong’s QSL Sports, has made an offer of ₤400 million that the Chinese government was rumoured to be backing through its sovereign wealth fund, China Investment Corporation.
Official state media reported the story, adding substance to the rumours, but CIC has denied it, unsurprisingly……………………………………….Full Article: Source

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