Chinese fans may lament the low calibre of their domestic men's football teams but that does not mean the Chinese government would consider buying debt-laden Liverpool Football Club.
China Investment Corp, the country's main sovereign wealth fund, told the Financial Times yesterday it had never heard of a plan to buy Liverpool or of Kenneth Huang, the man reported to be fronting a Chinese bid to buy the English Premier League club.
Liverpool chairman Martin Broughton and Barclays Capital – both brought in by Liverpool's American owners to broker a sale – have yet to receive a formal bid.
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