- Associated Press - Monday, August 2, 2010

LONDON (AP) - Chinese businessman Kenny Huang has reportedly offered to buy Liverpool’s 237 million-pound debt ($374 million) from a British bank in an attempt to end Tom Hicks and George Gillett Jr.’s control of the English Premier League club.

The Daily Telegraph newspaper reported Monday that Huang is in talks with Royal Bank of Scotland.

American co-owners Hicks and Gillett bought Liverpool three years ago but have put it up for sale after a public fallout over the running of the club.

Huang has made no announcement but has appointed a British media relations firm to represent him “in respect of his interest in Liverpool Football Club.”

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