Kenny Huang casts doubt on successful Liverpool takeover
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Kenny Huang casts doubt on successful Liverpool takeover
Kenny Huang has cast doubt on his consortium's bid for Liverpool.
Huang believes his consortium have a 50 per cent chance of taking over at Liverpool.
The ownership battle for Liverpool has been going on for several weeks with the club inviting offers for Tom Hicks and George Gillett's stake.
Huang has broken his silence on his interest in Liverpool, claiming the Anfield board had accepted his group's proposals, but that they faced competition from other consortiums to gain control on Merseyside.
"I am 50 per cent confident we will acquire the club," Huang told Chinese website Sohu Sports.
"Our interest in buying LFC has been recognised by the board," he said.
"At the same time, we have continued our work - researching and evaluating, the overall progress is good. However, there are quite a number of strong competitors. So there are still a lot of unknowns.
"We have put forward many proposals and we have the answer: the board has accepted our proposal and wish us to continue the process. We have a reply in less than 10 days. There is still some way to go. It was that we asked the board to let us know whether our proposal would be overall acceptable and the board has said yes."
Huang added: "There are rivals from North America and the Middle East. Each bidder wants to consider themselves at an advantage, so it is difficult to say we are far ahead.
"We will continue to work with the board and the banks of Liverpool, as well as other aspects. Our adversaries are stronger and we lack experience, so we need to do further research."
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Seller want to sell high (at least near to their valuation, which is the sky
). Buyer want to buy low (the lower, the better).. ...