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Ambani, Subrata Roy to compete with Chinese Govt to buy Liverpool | India's richest man Mukesh Ambani and billionaire businessman Subrata Roy face competition from the Chinese Government in the battle to buy English Premier League club Liverpool. The Indian business
tycoons tabled their bid for Liverpool nine months after failing to buy a 51 per
cent share in the Anfield outfit. They join at least four other interested buyers
including Chinese businessman Kenny Huang, who has already held talks about buying
Liverpool's 237 million pounds debt off the Royal Bank of Scotland. Huang, backed
by the 209 billion pounds Chinese Investment Corporation, was favourite to replace
unpopular American owners Tom Hicks and George Gillett. He is said to be backing
boss Roy Hodgson with a 150 million pounds transfer kitty, The Sun reports. But
the Anfield auction is now wide open. An insider said: "Some potential buyers
have declared their interest but haven't tabled a bid, whereas Ambani and Roy
have put their money on the table. At this stage Liverpool are happy to let everyone
compete against each other to get the best possible deal." Ambani, valued at around
12.5 billion pounds, while fellow billionaire Roy is head of the Sahara Group,
which sponsored the India cricket team. Hicks and Gillett valued Liverpool at
600 million pounds after Huang's interest emerged. |
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