Liverpool owners reject speculation about £800 Chinese bid for Anfield club

 

Reports suggested that financial services conglomerate China Everbright was working with private equity firm PCP Capital Partners to acquire a substantial shareholding in a deal which valued the club at around £­800million.(The company is effectively under the control of the Chinese Government)

However, senior FSG executives are adamant that they have received no bids and that there are no on-going discussions about selling a stake in Liverpool.

Chairman Tom Werner told the Liverpool paper this week that Liverpool was “not for sale” and FSG insist that remains the case.

FSG were said to have hired Allen & Co, the boutique investment bank, to provide advice during negotiations with China Everbright.

However, the Liverpool Echo understands that FSG have a long term relationship with Allen & Co, who continue to advise them on a wide range of business and financial issues.

FSG, who bought the club for £300million six years ago, have always been open to the idea of selling a minority stake in Liverpool if the right offer came along. That remains the case but they are not actively looking for investment.

LN