August 05, 2010

China Trying to Buy Liverpool FC: The government of China is funding a bid to buy Liverpool Football Club, seeking to extend the country's global influence, AFP reports. China's overseas investment arm China Investment Corp is providing funds for a bid fronted by businessman Kenny Huang, competing with a private equity group and a wealthy Kuwaiti family.

posted by rcade to soccer at 06:00 PM - 7 comments

I, for one, welcome our new Communist overlords.

Really how much worse than Gillette and Hicks could they possibly be?

posted by Ricardo at 06:27 PM on August 05

Liverpool: Once the home base for imperialist mercantilism.

Beijing: Now the...

Yeah, I know it's a stretch, but...

posted by owlhouse at 05:24 AM on August 06

And the British press is treating it with their customary sensitivity.

posted by yerfatma at 08:48 AM on August 06

Gillette and Hicks have been an unmitigated disaster for Liverpool. Aren't there any Englishmen/women with money that can take them on? Paging Richard Bransom.

posted by trox at 11:10 AM on August 06

This is somebody's idea of a practical joke; no way are CIC behind a bid for Liverpool. However, I sure wish the situation would get settled quickly. Maybe an auction like was just held for Hick's baseball team.

posted by billsaysthis at 12:06 PM on August 06

I hate the idea of a country buying a professional sports team. How can that end well?

posted by rcade at 12:14 PM on August 06

I hate the idea of a country buying a professional sports team. How can that end well?

1.3 BILLION Liverpool Fans Can't Be Wrong!

(never need an excuse to reuse an Elvis album title!)

posted by billsaysthis at 03:50 PM on August 06

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