Chinese consortium want to buy Liverpool for £700m

A consortium, which is backed by the Chinese government, are looking to purchase Liverpool Football Club in a £700million deal, according to a report by Simon Hughes of The Independent.


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The group known as SinoFortone apparently made their interest in buying the club known in March and would want to purchase a new stadium and also redevelop Melwood if they can complete a takeover.

However, it looks as if the Fenway Sport Group, headed by John W. Henry, are unwilling to sell the club outright as they have unfinished business.

There is also a suggestion that SinoFortone would be willing to invest in the Reds if they can’t complete a takeover, and that could be something that appeals to all parties.

According to Simon’s report, the group are interested in Liverpool partly because of the large Chinese community that call the city home and also because he appreciates the history of the club.