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Huang won’t be drawn on China government link

London — Kenny Huang, the tycoon trying to complete a takeover of Liverpool, has refused to comment on reports his attempted buy-out of the Premier League club is backed by the Chinese government.

It has been suggested Huang is fronting a bid for China Investment Corporation (CIC), the Chinese government’s sovereign wealth fund which manages a 188 billion pounds portfolio.

Huang and his backers are believed to be ready to wipe out Liverpool’s 237 million pounds debt with the Royal Bank of Scotland.

But Huang’s representatives are remaining tight-lipped on where their money is coming from.

‘We will not confirm or deny any matter in relation to the Liverpool Football Club unless and until we and the representatives of Liverpool FC have chosen to do so jointly,’ a spokesman for the Hong Kong-based businessman said.

Although Huang has confirmed he is interested in acquiring Liverpool, he has not made a formal bid and there are several other interested parties.

Syrian businessman Yahya Kirdi, representing a group of investors from the Middle East and Canada, has gone public with his interest.

Indian billionaires Mukesh Ambani and Subrata Roy are also reported to be firming up their interest in the club after failing with a takeover bid nine months ago.