Kenny Huang leading serious bid for LFC
- Thread starter Jürgen4PM
- Start date
- Latest activity Latest activity:
- Status
Time to get excited yet?
It does feel a bit different. Maybe this is it! Whooooooo!
It does feel a bit different. Maybe this is it! Whooooooo!
Well, I'm glad there's some definite interest at last. But is no one else a bit concerned that he's seemingly cutting out the whole 'structured auction' thing that Broughton went on about? It just feels a bit chaotic to try and circumvent that; the kind of thing, frankly, that Gillette and Hicks would do...
[quote author=Hansern link=topic=41235.msg1146695#msg1146695 date=1280734302]
Rory Smith has been spot on with most of his news snippets this summer, let's hope this goes through.
[/quote]
Didn't he say Figueroa was all but done. As it stands, fat boy Insua is back at Anfield and there's no sign of the Honduran.
Rory Smith has been spot on with most of his news snippets this summer, let's hope this goes through.
[/quote]
Didn't he say Figueroa was all but done. As it stands, fat boy Insua is back at Anfield and there's no sign of the Honduran.
Found this on RAWK;
Good read, and with RBS now having a legal right to call in the loan, it's really up to them..
A bit of clarity - Kenneth Huang is not the whole story here. There are other big players in the group that is looking to buy the club but, for reasons that will become clear, their identities have to be kept secret for as long as possible. Speaking for myself (and other posters like Don Vito are no doubt privvy to the same inforamation) I've sat on this story as it has developed for weeks and months. It would never be my intention to torment the forum with 'nearly' stories, and I only broke the story last night in the knowledge of these things:
1) Once July 30th passed, RBS had the legal right to call in the loan. It's up to them now. It really is that simple.
2) When I first learnt of this possible takeover, the first thing I asked my sources was this: in blunt terms, would the majority of clued-up Reds consider the prospective new owners to be fit and proper custodians of our unique club? The answer, and this from people you all respect, was (and I paraphrase). Nobody's perfect. Huang's Gang are stratospherically rich. Torres, Gerrard and Joe Cole are taking them seriously (this was before we signed him). The days of local businessman/lifelong fan owners has gone - but this lot are the next best thing. They know football. They revere the club. They will invest, hugely.
3) They kept the bid from G&H for as long as possible, knowing they would go down kicking and screaming the moment they realised they'd been out-manoueuvred. There is the joyous prospect that the cowboys will get little or no profit on their 'investment'. But the main thing is, they will soon be gone. We hope. That's why, with respect to wise and experienced posters who've cautioned against welcoming the new bid with open arms I'd say yes, correct, none of us really knows how Huang's Gang will pan out. But it's still worth pressurisng RBS and moving the evil, cunning and manipulative George Gillett right out of the picture.
4) Expect to see the essence of this update on all the journalists' Twitter pages any moment now
Good read, and with RBS now having a legal right to call in the loan, it's really up to them..
A bit of clarity - Kenneth Huang is not the whole story here. There are other big players in the group that is looking to buy the club but, for reasons that will become clear, their identities have to be kept secret for as long as possible. Speaking for myself (and other posters like Don Vito are no doubt privvy to the same inforamation) I've sat on this story as it has developed for weeks and months. It would never be my intention to torment the forum with 'nearly' stories, and I only broke the story last night in the knowledge of these things:
1) Once July 30th passed, RBS had the legal right to call in the loan. It's up to them now. It really is that simple.
2) When I first learnt of this possible takeover, the first thing I asked my sources was this: in blunt terms, would the majority of clued-up Reds consider the prospective new owners to be fit and proper custodians of our unique club? The answer, and this from people you all respect, was (and I paraphrase). Nobody's perfect. Huang's Gang are stratospherically rich. Torres, Gerrard and Joe Cole are taking them seriously (this was before we signed him). The days of local businessman/lifelong fan owners has gone - but this lot are the next best thing. They know football. They revere the club. They will invest, hugely.
3) They kept the bid from G&H for as long as possible, knowing they would go down kicking and screaming the moment they realised they'd been out-manoueuvred. There is the joyous prospect that the cowboys will get little or no profit on their 'investment'. But the main thing is, they will soon be gone. We hope. That's why, with respect to wise and experienced posters who've cautioned against welcoming the new bid with open arms I'd say yes, correct, none of us really knows how Huang's Gang will pan out. But it's still worth pressurisng RBS and moving the evil, cunning and manipulative George Gillett right out of the picture.
4) Expect to see the essence of this update on all the journalists' Twitter pages any moment now
[quote author=Sunny link=topic=41235.msg1146714#msg1146714 date=1280735430]
I'm not getting excited about this. As I say, we've had more false dawns than The Truman Show.
[/quote]
Not even a little cautious optimism?
I'm not getting excited about this. As I say, we've had more false dawns than The Truman Show.
[/quote]
Not even a little cautious optimism?
[quote author=Hansern link=topic=41235.msg1146712#msg1146712 date=1280735373]
Found this on RAWK;
Good read, and with RBS now having a legal right to call in the loan, it's really up to them..
A bit of clarity - Kenneth Huang is not the whole story here. There are other big players in the group that is looking to buy the club but, for reasons that will become clear, their identities have to be kept secret for as long as possible. Speaking for myself (and other posters like Don Vito are no doubt privvy to the same inforamation) I've sat on this story as it has developed for weeks and months. It would never be my intention to torment the forum with 'nearly' stories, and I only broke the story last night in the knowledge of these things:
1) Once July 30th passed, RBS had the legal right to call in the loan. It's up to them now. It really is that simple.
2) When I first learnt of this possible takeover, the first thing I asked my sources was this: in blunt terms, would the majority of clued-up Reds consider the prospective new owners to be fit and proper custodians of our unique club? The answer, and this from people you all respect, was (and I paraphrase). Nobody's perfect. Huang's Gang are stratospherically rich. Torres, Gerrard and Joe Cole are taking them seriously (this was before we signed him). The days of local businessman/lifelong fan owners has gone - but this lot are the next best thing. They know football. They revere the club. They will invest, hugely.
3) They kept the bid from G&H for as long as possible, knowing they would go down kicking and screaming the moment they realised they'd been out-manoueuvred. There is the joyous prospect that the cowboys will get little or no profit on their 'investment'. But the main thing is, they will soon be gone. We hope. That's why, with respect to wise and experienced posters who've cautioned against welcoming the new bid with open arms I'd say yes, correct, none of us really knows how Huang's Gang will pan out. But it's still worth pressurisng RBS and moving the evil, cunning and manipulative George Gillett right out of the picture.
4) Expect to see the essence of this update on all the journalists' Twitter pages any moment now
[/quote]
Ah, OK. That kinda makes sense then. I wasn't aware of 30 July being the bank's deadline. Can anyone else confirm this?
Found this on RAWK;
Good read, and with RBS now having a legal right to call in the loan, it's really up to them..
A bit of clarity - Kenneth Huang is not the whole story here. There are other big players in the group that is looking to buy the club but, for reasons that will become clear, their identities have to be kept secret for as long as possible. Speaking for myself (and other posters like Don Vito are no doubt privvy to the same inforamation) I've sat on this story as it has developed for weeks and months. It would never be my intention to torment the forum with 'nearly' stories, and I only broke the story last night in the knowledge of these things:
1) Once July 30th passed, RBS had the legal right to call in the loan. It's up to them now. It really is that simple.
2) When I first learnt of this possible takeover, the first thing I asked my sources was this: in blunt terms, would the majority of clued-up Reds consider the prospective new owners to be fit and proper custodians of our unique club? The answer, and this from people you all respect, was (and I paraphrase). Nobody's perfect. Huang's Gang are stratospherically rich. Torres, Gerrard and Joe Cole are taking them seriously (this was before we signed him). The days of local businessman/lifelong fan owners has gone - but this lot are the next best thing. They know football. They revere the club. They will invest, hugely.
3) They kept the bid from G&H for as long as possible, knowing they would go down kicking and screaming the moment they realised they'd been out-manoueuvred. There is the joyous prospect that the cowboys will get little or no profit on their 'investment'. But the main thing is, they will soon be gone. We hope. That's why, with respect to wise and experienced posters who've cautioned against welcoming the new bid with open arms I'd say yes, correct, none of us really knows how Huang's Gang will pan out. But it's still worth pressurisng RBS and moving the evil, cunning and manipulative George Gillett right out of the picture.
4) Expect to see the essence of this update on all the journalists' Twitter pages any moment now
[/quote]
Ah, OK. That kinda makes sense then. I wasn't aware of 30 July being the bank's deadline. Can anyone else confirm this?
A bit silly for the bank to have the deadline nearing the end of the the transfer window - Considering how significantly it impacts on our future
[quote author=TheBunnyman link=topic=41235.msg1146725#msg1146725 date=1280736007]
[quote author=Hansern link=topic=41235.msg1146712#msg1146712 date=1280735373]
Found this on RAWK;
Good read, and with RBS now having a legal right to call in the loan, it's really up to them..
A bit of clarity - Kenneth Huang is not the whole story here. There are other big players in the group that is looking to buy the club but, for reasons that will become clear, their identities have to be kept secret for as long as possible. Speaking for myself (and other posters like Don Vito are no doubt privvy to the same inforamation) I've sat on this story as it has developed for weeks and months. It would never be my intention to torment the forum with 'nearly' stories, and I only broke the story last night in the knowledge of these things:
1) Once July 30th passed, RBS had the legal right to call in the loan. It's up to them now. It really is that simple.
2) When I first learnt of this possible takeover, the first thing I asked my sources was this: in blunt terms, would the majority of clued-up Reds consider the prospective new owners to be fit and proper custodians of our unique club? The answer, and this from people you all respect, was (and I paraphrase). Nobody's perfect. Huang's Gang are stratospherically rich. Torres, Gerrard and Joe Cole are taking them seriously (this was before we signed him). The days of local businessman/lifelong fan owners has gone - but this lot are the next best thing. They know football. They revere the club. They will invest, hugely.
3) They kept the bid from G&H for as long as possible, knowing they would go down kicking and screaming the moment they realised they'd been out-manoueuvred. There is the joyous prospect that the cowboys will get little or no profit on their 'investment'. But the main thing is, they will soon be gone. We hope. That's why, with respect to wise and experienced posters who've cautioned against welcoming the new bid with open arms I'd say yes, correct, none of us really knows how Huang's Gang will pan out. But it's still worth pressurisng RBS and moving the evil, cunning and manipulative George Gillett right out of the picture.
4) Expect to see the essence of this update on all the journalists' Twitter pages any moment now
[/quote]
Ah, OK. That kinda makes sense then. I wasn't aware of 30 July being the bank's deadline. Can anyone else confirm this?
[/quote]
Anybody even slightly perturbed by the ambiguous 'Nobody's perfect' answer to the 'fit and proper custodians' question? 'They're stratospherically rich' seemed to occlude a straight answer to that question.
[quote author=Hansern link=topic=41235.msg1146712#msg1146712 date=1280735373]
Found this on RAWK;
Good read, and with RBS now having a legal right to call in the loan, it's really up to them..
A bit of clarity - Kenneth Huang is not the whole story here. There are other big players in the group that is looking to buy the club but, for reasons that will become clear, their identities have to be kept secret for as long as possible. Speaking for myself (and other posters like Don Vito are no doubt privvy to the same inforamation) I've sat on this story as it has developed for weeks and months. It would never be my intention to torment the forum with 'nearly' stories, and I only broke the story last night in the knowledge of these things:
1) Once July 30th passed, RBS had the legal right to call in the loan. It's up to them now. It really is that simple.
2) When I first learnt of this possible takeover, the first thing I asked my sources was this: in blunt terms, would the majority of clued-up Reds consider the prospective new owners to be fit and proper custodians of our unique club? The answer, and this from people you all respect, was (and I paraphrase). Nobody's perfect. Huang's Gang are stratospherically rich. Torres, Gerrard and Joe Cole are taking them seriously (this was before we signed him). The days of local businessman/lifelong fan owners has gone - but this lot are the next best thing. They know football. They revere the club. They will invest, hugely.
3) They kept the bid from G&H for as long as possible, knowing they would go down kicking and screaming the moment they realised they'd been out-manoueuvred. There is the joyous prospect that the cowboys will get little or no profit on their 'investment'. But the main thing is, they will soon be gone. We hope. That's why, with respect to wise and experienced posters who've cautioned against welcoming the new bid with open arms I'd say yes, correct, none of us really knows how Huang's Gang will pan out. But it's still worth pressurisng RBS and moving the evil, cunning and manipulative George Gillett right out of the picture.
4) Expect to see the essence of this update on all the journalists' Twitter pages any moment now
[/quote]
Ah, OK. That kinda makes sense then. I wasn't aware of 30 July being the bank's deadline. Can anyone else confirm this?
[/quote]
Anybody even slightly perturbed by the ambiguous 'Nobody's perfect' answer to the 'fit and proper custodians' question? 'They're stratospherically rich' seemed to occlude a straight answer to that question.
[quote author=doctor_mac link=topic=41235.msg1146730#msg1146730 date=1280736209]
[quote author=TheBunnyman link=topic=41235.msg1146725#msg1146725 date=1280736007]
[quote author=Hansern link=topic=41235.msg1146712#msg1146712 date=1280735373]
Found this on RAWK;
Good read, and with RBS now having a legal right to call in the loan, it's really up to them..
A bit of clarity - Kenneth Huang is not the whole story here. There are other big players in the group that is looking to buy the club but, for reasons that will become clear, their identities have to be kept secret for as long as possible. Speaking for myself (and other posters like Don Vito are no doubt privvy to the same inforamation) I've sat on this story as it has developed for weeks and months. It would never be my intention to torment the forum with 'nearly' stories, and I only broke the story last night in the knowledge of these things:
1) Once July 30th passed, RBS had the legal right to call in the loan. It's up to them now. It really is that simple.
2) When I first learnt of this possible takeover, the first thing I asked my sources was this: in blunt terms, would the majority of clued-up Reds consider the prospective new owners to be fit and proper custodians of our unique club? The answer, and this from people you all respect, was (and I paraphrase). Nobody's perfect. Huang's Gang are stratospherically rich. Torres, Gerrard and Joe Cole are taking them seriously (this was before we signed him). The days of local businessman/lifelong fan owners has gone - but this lot are the next best thing. They know football. They revere the club. They will invest, hugely.
3) They kept the bid from G&H for as long as possible, knowing they would go down kicking and screaming the moment they realised they'd been out-manoueuvred. There is the joyous prospect that the cowboys will get little or no profit on their 'investment'. But the main thing is, they will soon be gone. We hope. That's why, with respect to wise and experienced posters who've cautioned against welcoming the new bid with open arms I'd say yes, correct, none of us really knows how Huang's Gang will pan out. But it's still worth pressurisng RBS and moving the evil, cunning and manipulative George Gillett right out of the picture.
4) Expect to see the essence of this update on all the journalists' Twitter pages any moment now
[/quote]
Ah, OK. That kinda makes sense then. I wasn't aware of 30 July being the bank's deadline. Can anyone else confirm this?
[/quote]
Anybody even slightly perturbed by the ambiguous 'Nobody's perfect' answer to the 'fit and proper custodians' question. 'They're stratospherically rich seemed to occlude a straight answer to that question.
[/quote]
What do you expect? I'd be more perturbed if the answer was 'Yes, they are perfect' because it's simply unbelievable.
Who, among all the owners in world football, would you consider to be perfect?
[quote author=TheBunnyman link=topic=41235.msg1146725#msg1146725 date=1280736007]
[quote author=Hansern link=topic=41235.msg1146712#msg1146712 date=1280735373]
Found this on RAWK;
Good read, and with RBS now having a legal right to call in the loan, it's really up to them..
A bit of clarity - Kenneth Huang is not the whole story here. There are other big players in the group that is looking to buy the club but, for reasons that will become clear, their identities have to be kept secret for as long as possible. Speaking for myself (and other posters like Don Vito are no doubt privvy to the same inforamation) I've sat on this story as it has developed for weeks and months. It would never be my intention to torment the forum with 'nearly' stories, and I only broke the story last night in the knowledge of these things:
1) Once July 30th passed, RBS had the legal right to call in the loan. It's up to them now. It really is that simple.
2) When I first learnt of this possible takeover, the first thing I asked my sources was this: in blunt terms, would the majority of clued-up Reds consider the prospective new owners to be fit and proper custodians of our unique club? The answer, and this from people you all respect, was (and I paraphrase). Nobody's perfect. Huang's Gang are stratospherically rich. Torres, Gerrard and Joe Cole are taking them seriously (this was before we signed him). The days of local businessman/lifelong fan owners has gone - but this lot are the next best thing. They know football. They revere the club. They will invest, hugely.
3) They kept the bid from G&H for as long as possible, knowing they would go down kicking and screaming the moment they realised they'd been out-manoueuvred. There is the joyous prospect that the cowboys will get little or no profit on their 'investment'. But the main thing is, they will soon be gone. We hope. That's why, with respect to wise and experienced posters who've cautioned against welcoming the new bid with open arms I'd say yes, correct, none of us really knows how Huang's Gang will pan out. But it's still worth pressurisng RBS and moving the evil, cunning and manipulative George Gillett right out of the picture.
4) Expect to see the essence of this update on all the journalists' Twitter pages any moment now
[/quote]
Ah, OK. That kinda makes sense then. I wasn't aware of 30 July being the bank's deadline. Can anyone else confirm this?
[/quote]
Anybody even slightly perturbed by the ambiguous 'Nobody's perfect' answer to the 'fit and proper custodians' question. 'They're stratospherically rich seemed to occlude a straight answer to that question.
[/quote]
What do you expect? I'd be more perturbed if the answer was 'Yes, they are perfect' because it's simply unbelievable.
Who, among all the owners in world football, would you consider to be perfect?
[quote author=TheBunnyman link=topic=41235.msg1146736#msg1146736 date=1280736347]
[quote author=doctor_mac link=topic=41235.msg1146730#msg1146730 date=1280736209]
[quote author=TheBunnyman link=topic=41235.msg1146725#msg1146725 date=1280736007]
[quote author=Hansern link=topic=41235.msg1146712#msg1146712 date=1280735373]
Found this on RAWK;
Good read, and with RBS now having a legal right to call in the loan, it's really up to them..
A bit of clarity - Kenneth Huang is not the whole story here. There are other big players in the group that is looking to buy the club but, for reasons that will become clear, their identities have to be kept secret for as long as possible. Speaking for myself (and other posters like Don Vito are no doubt privvy to the same inforamation) I've sat on this story as it has developed for weeks and months. It would never be my intention to torment the forum with 'nearly' stories, and I only broke the story last night in the knowledge of these things:
1) Once July 30th passed, RBS had the legal right to call in the loan. It's up to them now. It really is that simple.
2) When I first learnt of this possible takeover, the first thing I asked my sources was this: in blunt terms, would the majority of clued-up Reds consider the prospective new owners to be fit and proper custodians of our unique club? The answer, and this from people you all respect, was (and I paraphrase). Nobody's perfect. Huang's Gang are stratospherically rich. Torres, Gerrard and Joe Cole are taking them seriously (this was before we signed him). The days of local businessman/lifelong fan owners has gone - but this lot are the next best thing. They know football. They revere the club. They will invest, hugely.
3) They kept the bid from G&H for as long as possible, knowing they would go down kicking and screaming the moment they realised they'd been out-manoueuvred. There is the joyous prospect that the cowboys will get little or no profit on their 'investment'. But the main thing is, they will soon be gone. We hope. That's why, with respect to wise and experienced posters who've cautioned against welcoming the new bid with open arms I'd say yes, correct, none of us really knows how Huang's Gang will pan out. But it's still worth pressurisng RBS and moving the evil, cunning and manipulative George Gillett right out of the picture.
4) Expect to see the essence of this update on all the journalists' Twitter pages any moment now
[/quote]
Ah, OK. That kinda makes sense then. I wasn't aware of 30 July being the bank's deadline. Can anyone else confirm this?
[/quote]
Anybody even slightly perturbed by the ambiguous 'Nobody's perfect' answer to the 'fit and proper custodians' question. 'They're stratospherically rich seemed to occlude a straight answer to that question.
[/quote]
What do you expect? I'd be more perturbed if the answer was 'Yes, they are perfect' because it's simply unbelievable.
Who, among all the owners in world football, would you consider to be perfect?
[/quote]
Yeah, but that answer was slightly ominous, as I'm sure you discerned. What about, 'yes they are fit. They're businessmen, with all that entails but they're basically not involved in serious human rights issues' or something like that would have been fine. 'Nobody's perfect' is clearly defensive.
[quote author=doctor_mac link=topic=41235.msg1146730#msg1146730 date=1280736209]
[quote author=TheBunnyman link=topic=41235.msg1146725#msg1146725 date=1280736007]
[quote author=Hansern link=topic=41235.msg1146712#msg1146712 date=1280735373]
Found this on RAWK;
Good read, and with RBS now having a legal right to call in the loan, it's really up to them..
A bit of clarity - Kenneth Huang is not the whole story here. There are other big players in the group that is looking to buy the club but, for reasons that will become clear, their identities have to be kept secret for as long as possible. Speaking for myself (and other posters like Don Vito are no doubt privvy to the same inforamation) I've sat on this story as it has developed for weeks and months. It would never be my intention to torment the forum with 'nearly' stories, and I only broke the story last night in the knowledge of these things:
1) Once July 30th passed, RBS had the legal right to call in the loan. It's up to them now. It really is that simple.
2) When I first learnt of this possible takeover, the first thing I asked my sources was this: in blunt terms, would the majority of clued-up Reds consider the prospective new owners to be fit and proper custodians of our unique club? The answer, and this from people you all respect, was (and I paraphrase). Nobody's perfect. Huang's Gang are stratospherically rich. Torres, Gerrard and Joe Cole are taking them seriously (this was before we signed him). The days of local businessman/lifelong fan owners has gone - but this lot are the next best thing. They know football. They revere the club. They will invest, hugely.
3) They kept the bid from G&H for as long as possible, knowing they would go down kicking and screaming the moment they realised they'd been out-manoueuvred. There is the joyous prospect that the cowboys will get little or no profit on their 'investment'. But the main thing is, they will soon be gone. We hope. That's why, with respect to wise and experienced posters who've cautioned against welcoming the new bid with open arms I'd say yes, correct, none of us really knows how Huang's Gang will pan out. But it's still worth pressurisng RBS and moving the evil, cunning and manipulative George Gillett right out of the picture.
4) Expect to see the essence of this update on all the journalists' Twitter pages any moment now
[/quote]
Ah, OK. That kinda makes sense then. I wasn't aware of 30 July being the bank's deadline. Can anyone else confirm this?
[/quote]
Anybody even slightly perturbed by the ambiguous 'Nobody's perfect' answer to the 'fit and proper custodians' question. 'They're stratospherically rich seemed to occlude a straight answer to that question.
[/quote]
What do you expect? I'd be more perturbed if the answer was 'Yes, they are perfect' because it's simply unbelievable.
Who, among all the owners in world football, would you consider to be perfect?
[/quote]
Yeah, but that answer was slightly ominous, as I'm sure you discerned. What about, 'yes they are fit. They're businessmen, with all that entails but they're basically not involved in serious human rights issues' or something like that would have been fine. 'Nobody's perfect' is clearly defensive.
[quote author=Y1 link=topic=41235.msg1146739#msg1146739 date=1280736476]
[quote author=DHSC link=topic=41235.msg1146723#msg1146723 date=1280735896]
I'm a bit disconcerted with the use of the phrase 'Huang's Gang'.
[/quote]
Huang is Wong no?
So it must be Wong Fei Hung's descendants and his triad gang!
[/quote]
We're going to have the most red cards this season.
[quote author=DHSC link=topic=41235.msg1146723#msg1146723 date=1280735896]
I'm a bit disconcerted with the use of the phrase 'Huang's Gang'.
[/quote]
Huang is Wong no?
So it must be Wong Fei Hung's descendants and his triad gang!
[/quote]
We're going to have the most red cards this season.
Stephen Hester ( CEO at RBS) is said to be fed up with the whole saga that has been going on, and want it resolved asap.
One can only hope that RBS makes the right desicion.
It's true what Sean says though, we've had so many false downs that I don't know if I can even allow myself to hope.
One can only hope that RBS makes the right desicion.
It's true what Sean says though, we've had so many false downs that I don't know if I can even allow myself to hope.
[quote author=doctor_mac link=topic=41235.msg1146743#msg1146743 date=1280736561]
[quote author=TheBunnyman link=topic=41235.msg1146736#msg1146736 date=1280736347]
[quote author=doctor_mac link=topic=41235.msg1146730#msg1146730 date=1280736209]
[quote author=TheBunnyman link=topic=41235.msg1146725#msg1146725 date=1280736007]
[quote author=Hansern link=topic=41235.msg1146712#msg1146712 date=1280735373]
Found this on RAWK;
Good read, and with RBS now having a legal right to call in the loan, it's really up to them..
A bit of clarity - Kenneth Huang is not the whole story here. There are other big players in the group that is looking to buy the club but, for reasons that will become clear, their identities have to be kept secret for as long as possible. Speaking for myself (and other posters like Don Vito are no doubt privvy to the same inforamation) I've sat on this story as it has developed for weeks and months. It would never be my intention to torment the forum with 'nearly' stories, and I only broke the story last night in the knowledge of these things:
1) Once July 30th passed, RBS had the legal right to call in the loan. It's up to them now. It really is that simple.
2) When I first learnt of this possible takeover, the first thing I asked my sources was this: in blunt terms, would the majority of clued-up Reds consider the prospective new owners to be fit and proper custodians of our unique club? The answer, and this from people you all respect, was (and I paraphrase). Nobody's perfect. Huang's Gang are stratospherically rich. Torres, Gerrard and Joe Cole are taking them seriously (this was before we signed him). The days of local businessman/lifelong fan owners has gone - but this lot are the next best thing. They know football. They revere the club. They will invest, hugely.
3) They kept the bid from G&H for as long as possible, knowing they would go down kicking and screaming the moment they realised they'd been out-manoueuvred. There is the joyous prospect that the cowboys will get little or no profit on their 'investment'. But the main thing is, they will soon be gone. We hope. That's why, with respect to wise and experienced posters who've cautioned against welcoming the new bid with open arms I'd say yes, correct, none of us really knows how Huang's Gang will pan out. But it's still worth pressurisng RBS and moving the evil, cunning and manipulative George Gillett right out of the picture.
4) Expect to see the essence of this update on all the journalists' Twitter pages any moment now
[/quote]
Ah, OK. That kinda makes sense then. I wasn't aware of 30 July being the bank's deadline. Can anyone else confirm this?
[/quote]
Anybody even slightly perturbed by the ambiguous 'Nobody's perfect' answer to the 'fit and proper custodians' question. 'They're stratospherically rich seemed to occlude a straight answer to that question.
[/quote]
What do you expect? I'd be more perturbed if the answer was 'Yes, they are perfect' because it's simply unbelievable.
Who, among all the owners in world football, would you consider to be perfect?
[/quote]
Yeah, but that answer was slightly ominous, as I'm sure you discerned. What about, 'yes they are fit. They're businessmen, with all that entails but they're basically not involved in serious human rights issues' or something like that would have been fine. 'Nobody's perfect' is clearly defensive.
[/quote]
Yeah, along with the 'need for secrecy' regarding the identities of other investors. It sounds like it might be controversial. It also doesn't sound like we're spoilt for choice though...
[quote author=TheBunnyman link=topic=41235.msg1146736#msg1146736 date=1280736347]
[quote author=doctor_mac link=topic=41235.msg1146730#msg1146730 date=1280736209]
[quote author=TheBunnyman link=topic=41235.msg1146725#msg1146725 date=1280736007]
[quote author=Hansern link=topic=41235.msg1146712#msg1146712 date=1280735373]
Found this on RAWK;
Good read, and with RBS now having a legal right to call in the loan, it's really up to them..
A bit of clarity - Kenneth Huang is not the whole story here. There are other big players in the group that is looking to buy the club but, for reasons that will become clear, their identities have to be kept secret for as long as possible. Speaking for myself (and other posters like Don Vito are no doubt privvy to the same inforamation) I've sat on this story as it has developed for weeks and months. It would never be my intention to torment the forum with 'nearly' stories, and I only broke the story last night in the knowledge of these things:
1) Once July 30th passed, RBS had the legal right to call in the loan. It's up to them now. It really is that simple.
2) When I first learnt of this possible takeover, the first thing I asked my sources was this: in blunt terms, would the majority of clued-up Reds consider the prospective new owners to be fit and proper custodians of our unique club? The answer, and this from people you all respect, was (and I paraphrase). Nobody's perfect. Huang's Gang are stratospherically rich. Torres, Gerrard and Joe Cole are taking them seriously (this was before we signed him). The days of local businessman/lifelong fan owners has gone - but this lot are the next best thing. They know football. They revere the club. They will invest, hugely.
3) They kept the bid from G&H for as long as possible, knowing they would go down kicking and screaming the moment they realised they'd been out-manoueuvred. There is the joyous prospect that the cowboys will get little or no profit on their 'investment'. But the main thing is, they will soon be gone. We hope. That's why, with respect to wise and experienced posters who've cautioned against welcoming the new bid with open arms I'd say yes, correct, none of us really knows how Huang's Gang will pan out. But it's still worth pressurisng RBS and moving the evil, cunning and manipulative George Gillett right out of the picture.
4) Expect to see the essence of this update on all the journalists' Twitter pages any moment now
[/quote]
Ah, OK. That kinda makes sense then. I wasn't aware of 30 July being the bank's deadline. Can anyone else confirm this?
[/quote]
Anybody even slightly perturbed by the ambiguous 'Nobody's perfect' answer to the 'fit and proper custodians' question. 'They're stratospherically rich seemed to occlude a straight answer to that question.
[/quote]
What do you expect? I'd be more perturbed if the answer was 'Yes, they are perfect' because it's simply unbelievable.
Who, among all the owners in world football, would you consider to be perfect?
[/quote]
Yeah, but that answer was slightly ominous, as I'm sure you discerned. What about, 'yes they are fit. They're businessmen, with all that entails but they're basically not involved in serious human rights issues' or something like that would have been fine. 'Nobody's perfect' is clearly defensive.
[/quote]
Yeah, along with the 'need for secrecy' regarding the identities of other investors. It sounds like it might be controversial. It also doesn't sound like we're spoilt for choice though...
[quote author=DHSC link=topic=41235.msg1146744#msg1146744 date=1280736573]
[quote author=Y1 link=topic=41235.msg1146739#msg1146739 date=1280736476]
[quote author=DHSC link=topic=41235.msg1146723#msg1146723 date=1280735896]
I'm a bit disconcerted with the use of the phrase 'Huang's Gang'.
[/quote]
Huang is Wong no?
So it must be Wong Fei Hung's descendants and his triad gang!
[/quote]
We're going to have the most red cards this season.
[/quote]
They will teach drunken fist and tiger kicks... so subtle that the referees will not be able to see
Not only that our kungfu football will be unstoppable! Don't believe, just go see shaolin soccer, the movie. It will make a believer out of you. Man.
[quote author=Y1 link=topic=41235.msg1146739#msg1146739 date=1280736476]
[quote author=DHSC link=topic=41235.msg1146723#msg1146723 date=1280735896]
I'm a bit disconcerted with the use of the phrase 'Huang's Gang'.
[/quote]
Huang is Wong no?
So it must be Wong Fei Hung's descendants and his triad gang!
[/quote]
We're going to have the most red cards this season.
[/quote]
They will teach drunken fist and tiger kicks... so subtle that the referees will not be able to see
Not only that our kungfu football will be unstoppable! Don't believe, just go see shaolin soccer, the movie. It will make a believer out of you. Man.
[quote author=Hansern link=topic=41235.msg1146746#msg1146746 date=1280736682]
Stephen Hester ( CEO at RBS) is said to be fed up with the whole saga that has been going on, and want it resolved asap.
One can only hope that RBS makes the right desicion.
It's true what Sean says though, we've had so many false downs that I don't know if I can even allow myself to hope.
[/quote]
Yup, we have more false downs than real ups the last 20 years 😉
Stephen Hester ( CEO at RBS) is said to be fed up with the whole saga that has been going on, and want it resolved asap.
One can only hope that RBS makes the right desicion.
It's true what Sean says though, we've had so many false downs that I don't know if I can even allow myself to hope.
[/quote]
Yup, we have more false downs than real ups the last 20 years 😉
[quote author=RolandG link=topic=41235.msg1146561#msg1146561 date=1280701563]
Very clever move going to RBS direct! Cuts out dealing with the extortionate Americans, the middle man (BarCap) and broker fees. That's savvy business sense.
They can provide funds for players and then borrow to build the stadium. He is well connected and cracking the Chinese market will make us the top earner in merchandising. That would be significant.
The money men behind Kenny Huang are reportedly Billy Joe "Red" McCombs and Leslie "Les" Alexander. Both men have proven track records in sports business. A quick biography:
Biography:
Billy Joe "Red" McCombs (born 1927) is the founder of the Red McCombs Automotive Group, a co-founder of Clear Channel Communications, a former owner of the San Antonio Spurs, Denver Nuggets, and the Minnesota Vikings, and the namesake of the McCombs School of Business at the University of Texas at Austin. He was named one of Forbes magazine's top 400 richest Americans in 2005 with a net worth of $1.7 billion.
A Passion for Sport
Sports is one passion that McCombs will never lose. A star on his high school football team, he went to Southwestern University on a football scholarship—the only way he could afford college at the time. He bought his first professional team—a minor league baseball team called the Corpus Christi Clippers—when he was only 25. He has owned the NBA’s San Antonio Spurs twice, and is past owner of the Denver Nuggets. In 1998, realizing a life-long ambition, he bought the NFL’s Minnesota Vikings. “The absolute capping of all his many careers,†says Charline, “owning an NFL team is his dream come true.â€
For Vikings head coach Dennis Green, the day McCombs bought the team was his lucky day. “Red’s been a tremendous owner and a breath of fresh air,†he says. “He’s got a great love of professional sports and he brings a lot of experience.†The Vikings, who had been suffering from waning interest among fans and a long downturn in ticket sales, were in great need of an infusion of passion.
The day Red bought the team, the NFL was calling him one of the top five most influential owners, and he has fully lived up to that expectation. In his first two seasons as owner, the Vikings posted their best back-to-back winning seasons in the franchise’s 39-year history. In 1999, the Vikings attracted a record of over 500,000 fans to the Metrodome.
Biography:
Leslie "Les" Alexander is a former stock trader from New Jersey who owns the National Basketball Association team Houston Rockets. He started trading options and bonds for a Wall Street firm before he broke off to form his own investment company, The Alexander Group, in 1980. He also owns a 20% stake in First Marblehead, a private student loan company.
A Passion for Sport
Assumed ownership of the Houston Rockets on July 30, 1993, and – over the last years – has devoted his efforts to making his teams champions both on the basketball court and in the community. Alexander’s dedication to winning has resulted in two NBA Championships with the Rockets and four WNBA Titles with the Houston Comets; giving Houston its first professional sports championships. In 2008, Forbes recognized the integral role Alexander has played in the Rockets’ success by naming him the NBA’s best owner.
[/quote]
Chinese tycoon Kenny Huang has reportedly entered negotiations with the Royal Bank of Scotland with a view to buying Liverpool Football Club.
Huang - who was first linked with a Liverpool takeover two years ago - is allegedly keen to push through the deal in time for Roy Hodgson to further strengthen the side this summer.
The current owners, Tom Hicks and George Gillett, took over the club three years ago but earlier this year they appointed Martin Broughton, the British Airways chairman, to oversee a sale.
Huang, a Wall Street stockbroker and chairman of the Hong Kong-based QSL Sports group, is backed by one of the wealthiest investment funds in the Far East.
The Times claim he has approached RBS directly to tempt the bank with an offer to clear the club's £237m debt, but Liverpool's US owners are not keen on the deal because it would see them exiting without any profit from their three-year reign.
But the terms of the RBS re-financing deal signed when the club was put up for sale stipulate that the bank can negotiate a sale if they believe it is in Liverpool's best interests.
Very clever move going to RBS direct! Cuts out dealing with the extortionate Americans, the middle man (BarCap) and broker fees. That's savvy business sense.
They can provide funds for players and then borrow to build the stadium. He is well connected and cracking the Chinese market will make us the top earner in merchandising. That would be significant.
The money men behind Kenny Huang are reportedly Billy Joe "Red" McCombs and Leslie "Les" Alexander. Both men have proven track records in sports business. A quick biography:
Biography:
Billy Joe "Red" McCombs (born 1927) is the founder of the Red McCombs Automotive Group, a co-founder of Clear Channel Communications, a former owner of the San Antonio Spurs, Denver Nuggets, and the Minnesota Vikings, and the namesake of the McCombs School of Business at the University of Texas at Austin. He was named one of Forbes magazine's top 400 richest Americans in 2005 with a net worth of $1.7 billion.
A Passion for Sport
Sports is one passion that McCombs will never lose. A star on his high school football team, he went to Southwestern University on a football scholarship—the only way he could afford college at the time. He bought his first professional team—a minor league baseball team called the Corpus Christi Clippers—when he was only 25. He has owned the NBA’s San Antonio Spurs twice, and is past owner of the Denver Nuggets. In 1998, realizing a life-long ambition, he bought the NFL’s Minnesota Vikings. “The absolute capping of all his many careers,†says Charline, “owning an NFL team is his dream come true.â€
For Vikings head coach Dennis Green, the day McCombs bought the team was his lucky day. “Red’s been a tremendous owner and a breath of fresh air,†he says. “He’s got a great love of professional sports and he brings a lot of experience.†The Vikings, who had been suffering from waning interest among fans and a long downturn in ticket sales, were in great need of an infusion of passion.
The day Red bought the team, the NFL was calling him one of the top five most influential owners, and he has fully lived up to that expectation. In his first two seasons as owner, the Vikings posted their best back-to-back winning seasons in the franchise’s 39-year history. In 1999, the Vikings attracted a record of over 500,000 fans to the Metrodome.
Biography:
Leslie "Les" Alexander is a former stock trader from New Jersey who owns the National Basketball Association team Houston Rockets. He started trading options and bonds for a Wall Street firm before he broke off to form his own investment company, The Alexander Group, in 1980. He also owns a 20% stake in First Marblehead, a private student loan company.
A Passion for Sport
Assumed ownership of the Houston Rockets on July 30, 1993, and – over the last years – has devoted his efforts to making his teams champions both on the basketball court and in the community. Alexander’s dedication to winning has resulted in two NBA Championships with the Rockets and four WNBA Titles with the Houston Comets; giving Houston its first professional sports championships. In 2008, Forbes recognized the integral role Alexander has played in the Rockets’ success by naming him the NBA’s best owner.
[/quote]
Chinese tycoon Kenny Huang has reportedly entered negotiations with the Royal Bank of Scotland with a view to buying Liverpool Football Club.
Huang - who was first linked with a Liverpool takeover two years ago - is allegedly keen to push through the deal in time for Roy Hodgson to further strengthen the side this summer.
The current owners, Tom Hicks and George Gillett, took over the club three years ago but earlier this year they appointed Martin Broughton, the British Airways chairman, to oversee a sale.
Huang, a Wall Street stockbroker and chairman of the Hong Kong-based QSL Sports group, is backed by one of the wealthiest investment funds in the Far East.
The Times claim he has approached RBS directly to tempt the bank with an offer to clear the club's £237m debt, but Liverpool's US owners are not keen on the deal because it would see them exiting without any profit from their three-year reign.
But the terms of the RBS re-financing deal signed when the club was put up for sale stipulate that the bank can negotiate a sale if they believe it is in Liverpool's best interests.
[quote author=Frogfish link=topic=41235.msg1146628#msg1146628 date=1280721804]
[quote author=caparo link=topic=41235.msg1146626#msg1146626 date=1280720846]
Overseas Chinese view China the same way the west thinks of Russia. When communism gives way to capitalism, ithose that instantly rise to the top of the wealth charts are usually the less ethical, ypes.
[/quote]
Sorry but that is absolutely not true, maybe 20 years ago. China is now the epitome of capitalism at it's most rife, the only difference being that the government manage the economic lives of those not yet able to participate. China is more 'capitalistic' than the UK ! The main issue here being the government & legal structures haven't yet caught up with business - they are getting there though.
As far as overseas Chinese are concerned if they want to make a fortune they return to China (and are doing so in their thousands), emigration is from those not yet economically sound, students and dissidents. Those that remain overseas mainly do so because they enjoy the lifestyle and status it brings, very few for economic reasons. International investment is from Chinese wanting to diversify their holdings instead of holding everything in RMB but this is very difficult for most people as there are multiple barriers to overseas investment.
The second part of your statement is completely accurate of course.
*RMB = Chinese Yuan
[/quote]
Lol.
Well if that is the way you put it, I think it is my overly-optimistic view of Russia that is mistaken.
[quote author=caparo link=topic=41235.msg1146626#msg1146626 date=1280720846]
Overseas Chinese view China the same way the west thinks of Russia. When communism gives way to capitalism, ithose that instantly rise to the top of the wealth charts are usually the less ethical, ypes.
[/quote]
Sorry but that is absolutely not true, maybe 20 years ago. China is now the epitome of capitalism at it's most rife, the only difference being that the government manage the economic lives of those not yet able to participate. China is more 'capitalistic' than the UK ! The main issue here being the government & legal structures haven't yet caught up with business - they are getting there though.
As far as overseas Chinese are concerned if they want to make a fortune they return to China (and are doing so in their thousands), emigration is from those not yet economically sound, students and dissidents. Those that remain overseas mainly do so because they enjoy the lifestyle and status it brings, very few for economic reasons. International investment is from Chinese wanting to diversify their holdings instead of holding everything in RMB but this is very difficult for most people as there are multiple barriers to overseas investment.
The second part of your statement is completely accurate of course.
*RMB = Chinese Yuan
[/quote]
Lol.
Well if that is the way you put it, I think it is my overly-optimistic view of Russia that is mistaken.
- Status
