The very reliable Simon Hughes of The Independent is reporting this evening that Liverpool FC are subject to interest in being taken over by a group of Chinese investors backed by the Chinese government.
SinoFortone have invested more than £5 billion pounds in building projects in Britain already, and appear to wish to add Liverpool to their burgeoning portfolio. Hughes reports that John Henry and Fenway Sports Group have been aware of the SinoFortone interest since last March, although are reluctant to sell. SinoFortune value the club in the region of £700 million.
The group have also proposed the possibility of becoming minority investors in the club, which would offer Fenway Sports Group an exit strategy from the club in the future. This may also have the corollary of triggering the deep-seated nightmares of George Gillet/Tom Hicks farcical ownership among Liverpool supporters.
Were FSG to accept, it would be the club's third takeover in nine years.
Read the full report on The Independent website here.
