A lot of news, gossips and speculations in the news these days on the possibility that Liverpool will have a new owner, Kenny Huang, who is a Chinese billionaire. The offer is for 325 M Pounds. Huang turned down an offer in 2008 for 650 M Pounds as he saw it as over valued. He was right.
Interesting profile, information and Haung links to sport in this report.
He has a history of penetrating to the American sports and linking them to China market. Also linking big sponsors from China to some teams. This might mean good news for Liverpool financially, but also, a big news for Chinese almost a virgin football market.
China was always underperforming in the Asian continent, if we compare them to South Korea and Japan and the population power that they have. Chinese team was much better than Japanese in the 1980s, but didn't do serious steps to raise up the level of sports.
China always produced very nice peices of skills, but not very powerful teams.
Personally, I always thought it is only a matter of time before China invade the world of football with very strong teams, and they will do much better job than Korea or Japan.
Another interesting development is in the Spaniard striker Fernando Torres, whose future hinges on quick sale of club. Haung is interested to have Torres in and considered him as part of the value of the club.
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