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As China's football spree accelerates, rival suitors eye Liverpool stake - source
 Article 
Author
Adam Jourdan
Source
Reuters
Date
22 August 2016

As China's football spree accelerates, rival suitors eye Liverpool stake - source

A consortium led by state-owned financial conglomerate Everbright is not the only Chinese group to have looked at investing in English football giant Liverpool, with the club attracting interest from Fosun, property-to-film group Dalian Wanda and others, a person familiar with the matter said.

Though none have put together a formal bid, according to the person, interest expressed over recent months in one of England's most storied clubs reflects a significant step-up in China's drive to become a football powerhouse.

A senior Liverpool source on Sunday denied the club's American owners were planning to sell, but indicated they could be open to offers for a minority stake.

Liverpool, one of England's most successful clubs, is among the most valuable in the EPL in commercial terms. It generated almost 300 million pounds ($390 million) of revenue in the year to end-May, 2015, most of that from broadcasting rights. However, it hasn't won the English league since 1990.

"There are a large number of brokers seeking to find available clubs for prospective buyers, and we are contacted almost daily by intermediaries looking to find a deal for Chinese investors," said Liz Ellen, London-based partner and head of sports practice at law firm Mishcon de Reya.

"The reality is that most clubs are for sale if anyone wants to meet the asking price."

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