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Kenny Huang to back out of race to purchase Liverpool if club does not decide the winning bid soon - report
19 Aug 2010 00:16:00
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Chinese businessman Kenny Huang is set to give up on purchasing Liverpool as he is frustrated with the lack of progress his bid for the club is making, according to reports.
With current Reds owners Tom Hicks and George Gillett looking to sell the club, Huang is one of the parties interested in buying, and submitted an offer for Liverpool.
The Liverpool board is verifying that each perspective owner has the funds they have offered and are deciding which bid they will accept, with the bidder that receives the majority of the votes getting control of the club.
According to The Guardian, Huang is growing impatient as he hoped to buy the club before the transfer season ends so that he can provide Reds boss Roy Hodgson with funds to strengthen the squad.
Frustrated with the fact that Liverpool have not made a decision on who will take over the team, Huang could now drop out of the running for the club if the Reds do not choose the winning bid soon.
Chinese businessman Kenny Huang is set to give up on purchasing Liverpool as he is frustrated with the lack of progress his bid for the club is making, according to reports.
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With current Reds owners Tom Hicks and George Gillett looking to sell the club, Huang is one of the parties interested in buying, and submitted an offer for Liverpool.
The Liverpool board is verifying that each perspective owner has the funds they have offered and are deciding which bid they will accept, with the bidder that receives the majority of the votes getting control of the club.
According to The Guardian, Huang is growing impatient as he hoped to buy the club before the transfer season ends so that he can provide Reds boss Roy Hodgson with funds to strengthen the squad.
Frustrated with the fact that Liverpool have not made a decision on who will take over the team, Huang could now drop out of the running for the club if the Reds do not choose the winning bid soon.
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provides the best breaking news online and our football fan community is unmatched worldwide. Never miss a thing again!| Sign up with 188BET for a FREE bet up to £25 – Great Prices, Every Game |
|
| Open an account with Sportingbet today and get up to £50 in free bets! |
|
| Sign up with William Hill for a free bet up to £25 |
|
| Sign up with bet365 for a free bet up to £200 |
|
| Sign up with Paddy Power - Bet £10, Get £20! |
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