Tuesday, October 12, 2010

Sport News: Liverpool Has A New Offer Of £320m

Singapour Billionare Lim is offering £320 m for the  Liverpool football club and its liabilities.
The offer of  £300m that was by New England Sports Ventures and was accepted last week by Liverpool's chairman, Martin Broughton has now turned to an even better opportunity for the company owners.
BBC business editor Robert Peston says Mr Lim will offer £40m in cash to buy players.
He adds: "Liverpool's board will find it difficult to ignore the offer, raising more uncertainty about the club's fate."
Mr Lim said in a statement: "I respect and admire Liverpool Football Club which is steeped in tradition and history. I am committed to rebuild the club so that it can soon regain its position at the pinnacle of English and European football, where it truly belongs".

(This Article Is Obtained From bbc.com)