Of course I am far from privy to give the factual answer to this but it’s the summer, it’s a week before the start of the actual football and so speculation runs rife at this time of year and why not speculate to what the motives might be. They are of course financial, let’s not be kidding ourselves in thinking this man is in it for the love of the club, but so long as the team makes money and does well on the pitch nobody is going to be too concerned with what Kenny Haung does with the rest of the profits.

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Kenny Huang has outlined his promises should his takeover of Liverpool prove to be successful. Firstly he has said he will erase the club’s debt, build a new stadium and then provide funding for player transfers. Reports that he has also promised to wipe out all foreign debt, sign Messi and bring Ian Rush out of retirement are at the minute unconfirmed.

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More jibber jabber on the business side of football and a chance for me to look like I know what I’m talking about with regards to the money side of the game by throwing out a bunch of financial buzz words that I have seen floating around on the Internet today as stories about Liverpool and their possible sale continue for a second straight day and for a 107th straight week.

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I don’t have a lot to say on this one but when I read that Portsmouth had won their case to avoid liquidation against HM Revenue and Customs, I couldn’t help but the following headline in before some cheap tabloid newspaper beat me to it. HMRC had been looking for an order to block help to get the club out of administration.

Well according to reports this past weekend, Chinese businessman Kenneth Huang is on the verge of the big takeover at Anfield, though if I had fifty quid for every time the words ‘verge of’ and ‘takeover’ have been associated with Liverpool over the past year, I’d have enough money to buy the club myself. Read More»

So Blackpool are just 90 minutes away from returning to the top flight of English Football following their shock 4-3 victory (6-4 on agg.) over Nottingham Forest and will play the winner of Cardiff and Leicester for a place in the elite league where the big money lies. If Blackpool were to go up it would be the first time since 1970/71 that they cracked the top flight of English football. However, it could also prove to be the final time that a little club, in financial terms, cracks the top flight and lives the dream of so many smaller teams that look to promotion and relegation so their passport to the promised land. With the introduction of the new parachute payment scheme paying relegated clubs £48-million over four years we can look forward to the financially rewarded clubs bouncing between the leagues and cutting off the passageway for clubs like Blackpool, or Wimbledon all them years ago, of going up. In short, rewarding failure it’s bad for the game.

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According to a report on the Guardian website today if potential new investor in Liverpool, Kenneth Huang, has his way one of the first things he will do is ensure Rafa stays on as manager. Huang is a former Wall Street broker and the head of the group looking to put up £500m to buy the club and have already been given access to the books.

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