Liverpool fans are on red alert today after news began to circle, such as here in ESPN, that Liverpool were subject of a £700m takeover bid in February by Chinese consortium SinoFortone.
According to the press, the investment giants want to build Liverpool a new stadium, start a plethora of academies in the Far East and revamp Melwood.
A letter, dated February 10th from SinoFortone, has also done the rounds:
It read: “We understand that this would be based around a valuation in the region of £700million; and that we are interested in funding the development of a new stadium in the docks area, and the redevelopment of both Anfield and Melwood, all in conjunction with Liverpool City Council; and the development of a series of football training academies across China.”
However, the Echo report that FSG have denied receiving the letter and claim our American owners are adamant they’re here for the long haul – having committed to Jurgen Klopp’s plans on the field and rebuilding Anfield’s Main Stand.
EOTK has approached SinoFortone, who do exist and have made significant British investment over the past 12 months, but we’re yet to hear back.
Regardless of their interest, it seems like an odd time for FSG to consider selling. Under Klopp we’re hopefully on an upward curve, TV money is at an all-time high and Liverpool’s value is only going to continue soaring.
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Chinese Government backed group SinoFortone target aggresive £700m Liverpool takeover