China's CIC Denies Interest in Buying Liverpool FC, Sky Sports Reports
China Investment Corp., the country’s main sovereign wealth fund, denied it’s interested in buying Liverpool Football Club, Sky Sports said, citing a report in the Financial Times.
An unidentified spokesperson for the company told the FT it had “never heard of a plan to buy Liverpool or of Kenneth Huang,” who’s been reported in U.K. media as fronting a CIC bid, Sky added.
A person who’s worked closely with CIC said there was “no way” the fund would take part in such a “high-profile, symbolic and potentially risky deal,” Sky cited the FT as reporting.
Chinese businessman Huang said yesterday that he’d registered an interest in investing in Liverpool but hadn’t made a formal bid for 18-time English champion.