Chinese businessman bids for Reds

BBC Sports is reporting that Chinese businessman Kenny Huang is one of several potential buyers to submit a bid to Liverpool chairman Martin Broughton.



Huang, who is the head of Hong Kong-based investment company QSL Sports Limited, values the club at about 325 million pounds.



However, it’s understood that as many as six bids were submitted last week.



Broughton and investment bank Barclays Capital, who are leading the sale will elect a preferred bidder by the end of next week.



Liverpool have been up for sale since April of this year.



Liverpool's main creditor, Royal Bank of Scotland is owed about 237 million pounds by American co-owners Tom Hicks and George Gillett.