Mystery investor to buyout Liverpool Football Club

Last week Hong Kong-based businessman Kenny Huang - whose interest was allied to the Chinese government - pulled out of the bidding process, while Syrian-Canadian Yahya Kirdi's much-publicised interest has been treated with scepticism.

Fresh news from the press has indicated that an overseas buyer is considering making an offer of between £400million and £500million for Liverpool. According to Keith Harris, a renowned deal-broker and former Football League chairman, who has had a hand in the sales of Aston Villa, West Ham and Manchester City in the past, said due diligence has already been done.

Harris also said the party he was representing was not one mentioned publicly before.

   ''The overseas buyer we represent has completed due diligence. A huge amount of work has been done.

''It is none of the groups mentioned in the press. The ball is now in our client's court to make an offer.

''I do not think the deal will be done before the transfer window closes this month but the next pressure point is October when some of the RBS loan of £237million has to be repaid.

''It may happen then. But in the present climate these things are impossible to predict.'' he told the media.

A spokesman for the Liverpool board's sales process declined to comment on any specifics but did say: "We can only reiterate what we said about ten days ago that the board are evaluating a number of bids."

Harris said history has taught him that those who went public before an agreement had been reached rarely succeeded.

Harris worked on a bid for Liverpool two years ago for Kuwaiti Nasser Al Khorafi, whom it is claimed agreed a deal for £300million up front and another £100million based on financial performance only to pull out at the last minute.

Onlookers wonder whether a deal is feasible that will meet the asking price of Tom Hicks and George Gillett so that new owners can revitalise Anfield. While Liverpool, in that regard, are in a state of suspended animation, the challenge of the Premier League is constant.

With the transfer windows closing in a week time, any possible recruitment for Liverpool seems impossible to materialised unless the successful sales of Mascherano is given to Hodgson.

Source: Liverpool Echo

This story has been reproduced from the media. It does not necessarily represent the position of Liverpool Football Club.

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