The China Investment Corporation, the foreign investment arm of the Chinese government, has refuted
claims that CIC is funding Kenny Huang’s bid to buy Liverpool. A CIC told the Financial Times there was "no
way" the fund would get embroiled in any such deal.
Hong Kong-based investor Huang revealed his interest in buying the club on Wednesday and is believed to be offering around £325 million. He is among a number of potential bidders, including Syrian businessman Yahya Kirdi, who are trying to buy out current Liverpool owners George Gillett and Tom Hicks. A statement released by Huang’s consortium said: "Mr Huang would like to emphasise that he has registered interest in investing in Liverpool FC but has made no formal bid. There has been much speculation from a wide array of people, many of whom have little knowledge of the facts."