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Subject Communist China funds bid to buy Liverpool Football Club

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Original Message By Daily Mail Reporter
Last updated at 10:47 AM on 5th August 2010

The Chinese government has been revealed as the mystery backer behind a bid to buy Liverpool Football Club.
The communist state's overseas investment arm China Investment Corporation is financing sports tycoon Kenny Huang’s attempt to take over the Premier League team.

It means China could effectively have control over Liverpool if the bid, which values the club at between £300million and £350million, is successful.
Its unpopular American owners, Tom Hicks and George Gillett, were forced to put the club up for sale in April after coming under pressure for owing its lender, Royal Bank of Scotland, £237million.

Read more: [link to www.dailymail.co.uk]

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