23.08.2016 - Chinese takeover approach for Liverpool: Report
Premier League giants Liverpool are the target of an £800-million (US$1 billion, €924 million) takeover bid backed by the Chinese government, British newspaper the Sunday Times reported. China Everbright, a state-backed financial firm, are leading the bid, backed by the country's main sovereign wealth fund, the China Investment Corporation (CIC), the paper said. Talks between the Chinese group and Liverpool's American owners, the Fenway Sports Group (FSG), are ongoing, the Sunday Times said. But a senior Liverpool source told AFP that although the club was open to outside investment, FSG was not in talks and the club was not the subject of a bid...............................................Full Article: Source
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