A Chinese led consortium has expressed interest in buying Liverpool Football Club, according to the Financial Times.
FT issued today that Chinese state-owned firm Everbright along with private equity firm PCP Capital Partners wish to inject £700 million into the massive football club in exchange for sharehold, previously valued at £300 million. The bid is expected to be for a large stake in the club.
The current owner bought the club in 2010. CEO of Fenway Sports Group and Co-owner of Liverpool FC John Henry has since spoken with a financial adviser from Allen & Co.
The news comes no less than week after LFC Chairman Tom Werner told supporters that the club would not take any offers, although has already received a bid other media organisations suggest.
Club Chief Exec Ian Eyre refused to comment while speaking to the Financial Time’s.
Liverpool Football Club is the world’s ninth richest club in revenue, which if bought out, is to account for the greatest Chinese football takeover ever recorded.
Currently, there are ten clubs who have part English ownership. Only one, Manchester City, is occupied by a Chinese owner. Aston Villa, who suffered fatal relegation last season, were taken over by Chinese businessman Dr Tony Xia in June.
The excitement of a profitable media rights deal has drawn much attention from international investors in very recent times.
Everbright, who look to takeover the club, has previous settlements with Italian Sports Right’s company MP & Silva, who co-own the company at costs of around $1billion.
Mr Henry had come to the club seeking to spark confidence in its new ownership and progress in the right direction. However admittedly this never really worked, sabotaging his stake in the historic team.
If Henry has any hope of holding onto the club, he needs to quickly reinstate his claim before the business window has closed.