Former Chelsea CEO Peter Kenyon Is Said to Negotiate QSL's Liverpool Bid - Singapore Forums by SGClub.com
Singapore Forums by SGClub.com
Sitemap Contact Us FAQ Singapore Forums by SGClub.com
Home Photos Member List Register Mark Forums Read  
Go Back Home > Personal Interests > Sports Forum > Soccer Forums > Liverpool Fan Club » Former Chelsea CEO Peter Kenyon Is Said to Negotiate QSL's Liverpool Bid

Why aren't you a member of SGClub.com yet??

» Join 130,000+ other members in chatting.
» Make lots of new friends here.
» Keep up-to-date with current events.
» Participate in Club outings.
» Download lots of Free Stuff!

Registration just takes 2mins and is absolutely free so join our community today!

I Want to Choose my Own Personal Nickname Now!


Reply
 
LinkBack Thread Tools Display Modes
Old 20th August 2010, 12:55 PM   #1 (permalink)
tcd
Addicted SGClubber
tcd is on a distinguished road

 
tcd's Avatar
 
Posts: 692
Join Date: May 2010
Likes: 0
Liked 0 Times in 0 Posts
Gender:

Former Chelsea CEO Peter Kenyon Is Said to Negotiate QSL's Liverpool Bid

Source: http://www.bloomberg.com/news/2010-0...ol-soccer.html

Peter Kenyon, the former Chelsea and Manchester United Chief Executive Officer, is negotiating for QSL Sports Ltd. in its bid for 18-time English soccer champion Liverpool, according to three people familiar with the situation.

Kenyon, whose teams won five league titles with him in charge, has been in talks with Liverpool Chairman Martin Broughton and Barclays Capital, after they were hired by Liverpool co-owners George Gillett and Tom Hicks to sell the club in April.

Kenyon, 56, wouldn’t have a seat on Liverpool’s board if Hong Kong-based QSL bought the team, said the people, who spoke on the condition of anonymity because of the sensitivity of the talks. Kenyon was named CEO at Manchester United in 2000, then joined Chelsea following billionaire Roman Abramovich’s 2003 takeover. He left the West London club last year.

Hill & Knowlton, a public relations company hired by QSL co-founder Kenny Huang, declined to comment. Liverpool spokesman Ian Cotton said the club doesn’t comment on the sales process.

Hicks and Gillett bought the club in February 2007 for 219 million pounds, including debt, or $431.7 million at the exchange rate then. The team’s parent company, Kop Football (Holdings) Ltd., now had has debts of 351 million pounds ($547 million. Prospective investors must prove they’ll pay off the current owners’ 237 million-pound debt with Royal Bank of Scotland Group Plc, fund a new stadium and pay for squad development.

RBS Debt

The RBS debt matures Oct. 6. If the club isn’t sold by then and the owners can’t get an extension, the U.K. government- controlled bank could take over Liverpool.

QSL is among as many as four bidders for the club, including Syrian Yahya Kirdi, who lives in Canada.

Liverpool’s board said in an Aug. 13 statement it was reviewing a number of bids and would take its time before recommending one.

“The board will continue to act in the best interests of Liverpool Football Club and its supporters, doing all that it can to ensure that the club is ultimately sold to a buyer who has the resources and real commitment to give it a long term, stable and secure funding position,” the board said.

The people said Kenyon, now a director at management company Creative Artists Agency, has been involved in the talks for months and was hired because of his experience in English soccer. He is charged with determining the feasibility of a bid and to understand the financial structure of Hicks and Gillett’s investment in Liverpool.

Sponsors:
tcd is offline  
Add to tcd's Reputation Reply With Quote
Reply

Thread Tools
Display Modes


Similar Threads
Thread Thread Starter Forum Replies Last Post
Will Liverpool let Chelsea win?? Swordsman Soccer Forums 6 29th April 2010 11:45 AM
Ferguson Was Right About Chelsea… Now Liverpool Boianeze Manchester United Fan Club 0 23rd March 2010 09:50 AM
CHELSEA - LIVERPOOL Young Sing Soccer Forums 9 29th October 2008 01:26 AM
Chelsea vs Liverpool lai Soccer Forums 1 12th February 2008 11:47 PM
Chelsea or liverpool kuanann45 Soccer Forums 26 22nd December 2007 10:06 AM

» Sponsors
Watch Free Movies Online
Celebrity Gossip
Food Delivery

» Facebook Fans
» What's Going On?
Title, Username, & Date
Do you know?
Elderly man in Yishun begs for money to see doctor, ends up spending it on lottery tickets
18 Singaporeans injured as bridge collapses in Batam's Montigo Resorts Nongsa
Catering firm’s licence suspended after 29 people fell ill: SFA, MOH
Inspirational Songs
Planet Earth
Change in security team at Eight Riversuites condo 'unrelated' to Ramesh Erramalli...
Arrogant Indian expat abusing a local security guard in Singapore
Tofu manufacturer fined for hygiene lapses including 'widespread' cockroach infestation
It's raining cats and turtles: Hundreds of pets kept in high-rise buildings escape and...
Simple basic video guide tomassaging your cat
Money faced LTA lost touch, squandered S$4.7 + million on useless white elephant.
E-scooter rider going at 28km/h at void deck injures man’s leg, gets 6 weeks’ jail
Hepatitis E infections surge in Singapore, virus found in raw pork liver: SGH
Singapore MOH/HPB Healthier Choice Symbols are FAKE NEWS/ misleading.
Licence of AG (Global) Events Catering suspended over cockroach infestations and other...
[Hard Truth] 69.9% of Singaporeans are more stupid than dogs and monkeys.
[Poor Health] Karma strikes ex-Health Minister Khaw Boon Wan hard.
Christianity and Buddhism have more in common than differences: (moderation and restr
[SG] Wants higher birth rate, but unwilling to fund treatment for childhood mental pr
Featured Photos
by marisoljames322
· · ·
Member Galleries
20359 photos
13619 comments
by marisoljames322
· · ·
Member Galleries
20359 photos
13619 comments
by pdsubbu
· · ·
Member Galleries
20359 photos
13619 comments
by Vikas Dhar
· · ·
Photography
35 photos
36 comments
by aaudreygan
· · ·
Guy Photos
1581 photos
946 comments
by aaudreygan
· · ·
Girl Photos
4351 photos
28608 comments
by a8paris
· · ·
Guy Photos
1581 photos
946 comments
by a8paris
· · ·
Guy Photos
1581 photos
946 comments
by aaricia
· · ·
Girl Photos
4351 photos
28608 comments
by aaricia
· · ·
Girl Photos
4351 photos
28608 comments

 

All times are GMT +8. The time now is 07:27 AM.


Powered by vBulletin
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Copyright© 2004-2013 SGClub.com. All rights reserved.