LFC Talk

New bid made for club by billionaire by lfctalk
October 12, 2010, 13:26
Filed under: News

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Singapore businessman Peter Lim has lodged an increased offer for the club – said to be around the £320m mark.

The billionaire, whose original bid was rejected in favour of the £300m offer from New England Sports Ventures, has come back with a counter offer that may add further chaos to proceedings at Anfield.

Lim hopes to trump the offer from John Henry with a £320m offer – with a further £40m to be spent on players this January.

Lim has said that his offer is made up from his personal wealth, paying off the £200m acquisition debt, the club’s existing debt and outstanding bank fees and providing much-needed funds for transfer purchases in January.

“I believe that if its massive debt burden can be removed, the club would be able to focus on improving its performance on the pitch,” Lim said. “If the board accepts this offer, the monies are available immediately thereby removing the threat of administration.”

“The club needs to strengthen its existing squad. As part of this offer, I will be injecting £40m in cash into the club for Roy Hodgson to bring in new players during the upcoming transfer window. Liverpool needs to start winning again.”

“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.”


3 Comments so far
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This Lim guy is trying to be funny. If he can offer this kind of money now, why did he not made this offer earlier? If this is allowed then any bidder can increase his bid after a bid result had been announced. Then there will be bids after bids after bids with no end in sight!

Comment by J J

And he dare claims that he admire and respect Liverpool FC!

Comment by J J

He may just be a red herring being used by Hicks and Gillett..?

Comment by lfctalk

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