Huang - No Reds offer
Kenny Huang is keen to invest in Liverpool, but says he has not made a formal offer for the club.
Last Updated: 05/08/10 9:19am
Chinese businessman Kenny Huang has confirmed his interest in investing in Liverpool, but says he has not made a formal offer for the club.
Huang, who is the founder and chairman of Hong Kong-based investment company QSL Sports Ltd, has been linked with a bid to buy out Liverpool's debt.
Current Liverpool owners George Gillett and Tom Hicks are looking to sell and several parties are reportedly interested in a takeover.
However, in a statement released to The Sport Briefing by Huang's representatives, the QSL chief has stated that reports of an official bid are premature.
The statement read: "In response to widespread media reports that Kenny Huang had made a formal bid for Liverpool Football Club, Mr Huang would like to emphasise that he has registered interest in investing in Liverpool FC but has made no formal bid.
"There has been much speculation and commentary from a wide array of people, many of whom have little knowledge of the facts.
"Unless there is a statement that specifically comes from Mr Huang or his authorised representatives, which presently is solely Hill & Knowlton Hong Kong office, we would suggest such comments should be given little credence.
"At this point in time there is nothing further for Mr Huang to announce. If there comes a time where this changes, we will make the appropriate announcements."
Huang is backed by one of the wealthiest investment funds in the Far East and is well known in China for his interests in baseball and basketball, having last year bought a 15% stake in NBA franchise Cleveland Cavaliers.
He also has long-term deals to develop China's domestic baseball and basketball leagues in a nation where the two sports are rapidly growing in popularity.