Tuesday, May 11, 2010

Chinese multi-millionaire Zhu Jun in talks with Liverpool Football Club

A chinese multi-millionaire internet gaming tycoon has reportedly held provisional talks about buying Liverpool.
44-year-old Zhu Jun - the founder, chairman and chief executive of The9 Ltd - has, if you believe the reports, already attended two meetings with Barclays Capital (BarCap) about a possible purchase.
Reports originating from Shanghai claim that there is a problem with the valuation of the club though with Tom Hicks and George Gillett holding out for £800m.
Experts in the UK believe Liverpool is currently worth no more than £350m.
Supporters shouldn't get excited about these reports because the club is not only talking to new parties but also former individuals and groups who have previously expressed an interest in buying the club. It's claimed that there could be as many as 50 parties that chairman Martin Broughton is following up on.
For now we'd dismiss this report. We're not saying it's nonsense but at this time there's simply nothing of a great interest to report.

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