chinese tycoon kenny huang could be a very good fit as new owner of liverpool

Chinese tycoon Kenny Huang has stepped up his talks with Liverpool creditors in a bid for the club that is increasingly looking like it will be successful.

This can only be a good thing for a club that is beginning to turn the corner from a poor season on and off the pitch last term.

Huang is well known in sporting circles and it will be interesting to see whether Liverpool fans baulk at his interest in US sports – he is currently involved in the Cleveland Cavaliers basketball and NY Yankees baseball franchises.

But he is a very different beast to present owners Tom Hicks and George Gillett. The Americans are small fry in comparison. Huang owns QSL Sports Limited, the Hong Kong based sports investment company, that rose to prominence on the back of the Beijing Olympics in 2008.

And the Chinese investor’s interest is no flash in the pan – he was in the market to buy the club two years ago but baulked at the £650m price tag at the time. A new tag of £350m is better value – and will also give Roy Hodgson money to spend in the transfer window.

Huang has also made it perfectly clear that he will walk away from a deal unless it is completed before the transfer window closes at the end of Spetember. That takes away a lot of the uncertainty surrounding deals of this size. And if the deal can be done, Liverpool will be able to strengthen significantly for the bulk of the Premier League season.

It all makes for interesting reading in the outright price for the Premier League title. The bookies are completely undecided as to what to do with the news. Bodog, who were best priced at 16/1 just two weeks ago, now quote Liverpool at 12/1, but bizarrely Betfred have pushed the price out to 18/1 from 12/1.

This could represents real value for a renewed side with the chance of money to spend in what has been a quiet transfer market in the Premier League so far.