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Chinese businessman denies proposed takeover of Liverpool

Chinese based businessman Kenneth Huang has denied speaking to a newspaper about a proposed takeover of Liverpool. A report in the Sunday Mirror suggested Huang, described as a former Wall Street stockbroker, was leading a consortium who were in advanced negotiations to buy the Merseysiders for £500million.

However, a statement released on behalf of Huang has distanced him from the claims.

"Mr Huang would like to clarify that he did not speak with the newspaper and did not make the statements attributed to him," said the statement.

"Mr Huang would not make any comment in relation to Liverpool FC."

Just over a week ago Rafa Benitez's agent Manuel Garcia Quilon claimed an unnamed Chinese investor was interested in taking over the club and had already spoken to the manager about keeping him on next season.

Benitez subsequently denied Quilon's claims.

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