Nothing but negotiation

The Gap Partnership

Gaming tycoon in negotiations for Liverpool FC?

Chinese businessman inquires about the acquisition of Liverpool FC.

11 May 2010

Negotiations over the sale of Liverpool FC could soon be underway, with interest from a Chinese gaming tycoon having been established.

Zhu Jun, the founder chairman and chief executive of The9 Ltd, has held provisional talks about buying the football club, according to the Independent.

While no official offer has been made, it is understood that the gaming boss is very interested in the acquisition of the club.

Jun has so far twice met with Barclays Capital - which was hired by Liverpool FC chairman Martin Broughton to find a buyer - to discuss the possibilities of a deal.

Liverpool was officially put up for sale last month by the current owners Tom Hicks and George Gillett.

The Reds have suffered a disappointing season, finishing 7th in the Premier League, having placed 2nd last year.

With the club missing out on a Champions League spot, Jun could be hoping to complete the acquisition at a bargain price.

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