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Chinese Conglomerate Everbright Confirms Liverpool Proposal

Sources close to Chinese conglomerate Everbright said that the firm's offer for Liverpool "is real and in discussion," according to Paul Nicholson of INSIDE WORLD FOOTBALL. Reports on Wednesday in the Asian business press said that Everbright "knew nothing of the proposal are wrong," and the proposed £800M ($1B) acquisition is "very much alive." While neither Liverpool nor its owner Fenway Sports Group have issued "any formal statement," it is understood that the proposal has been made by Everbright and received by the owners. FSG has repeatedly said that "the club is not for sale." Liverpool Chair Tom Werner said, "We’ve said it before and I’d like to say it again: this club is not for sale." These "may prove to be famous last words" as the Chinese intent is "strong and their money is tangible." An £800M sale of a club it bought for £300M in '10 would be "a significant return" for FSG. FSG and Liverpool have always maintained that they would consider any investment offer “under the right conditions and absolutely with the right partner,” but the Chinese offer "is for full control of the club" (INSIDE WORLD FOOTBALL, 8/24).

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