Chinese consortium eyes major stake in Liverpool

Aug 22, 2016 at 10:44 PM

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Chinese consortium eyes major stake in Liverpool

London, Aug 22 (IANS) A consortium led by a Chinese investment company has shown interest in acquiring a major stake in English Premier League side Liverpool, the British press reported on Monday.

According to business newspaper the Financial Times, the company Everbright, owned by the Chinese government, and the private group Capital Partners, are the entities behind that consortium, reports Efe.

British media, citing anonymous officials from Liverpool, said that the value of the potential offer may amount to 700 million pounds sterling ($917.6 million).

However, the Financial Times noted that American Fenway Sports Group, which acquired Liverpool in 2010 for 300 million pounds sterling ($393 million), has not received any offer.

In recent years, Chinese investors and companies have acquired stakes in football clubs in European countries such as England, Spain, Holland and the Czech Republic.

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