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Liverpool attracts 'several' potential buyers

By Pete Hayman    03 Aug 2010

Kenny Huang, the chief executive of China-based sports investment group QSL, is believed to be among "several" interested bidders that are seeking to acquire Liverpool Football Club (LFC).

According to the BBC, Huang is one of up to six potential buyers to register their interest in a potential takeover of the Premier League club, which was put up for sale by its current owners in April. Martin Broughton was named chair by Tom Hicks and George Gillet Jnr to oversee the sale process, with Barclays Capital brought in to advise on the deal. A preferred bidder could be revealed as early as next week.

The BBC reports that Huang is prepared to clear LFC's £237m debt owed to Royal Bank of Scotland and submitted a bid that has valued the club at £325m. Meanwhile, Southend United Football Club (SUFC) of npower League Two has confirmed that the High Court has dismissed a winding up order issued by HM Revenue and Customs.

Club chair Ron Martin said: "The club is now up-to-date with all outstanding tax debts and we have demonstrated in our cash flow over the next 12 months that we can meet future liabilities as they fall due."

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