Right quick update time
There was, as established by Bamba earlier today, a board meeting in regards to the offer for the club from Kenny Huang and his backers, further to that there is commitment on both sides to ongoing dialogue from all sides bar one exception.
Such is George Gillett's desire to walk away with a substantial return, he has took it upon himself to try and discredit Kenny Huang in anyway possible, which includes sending out various agents to China and the US dig dirt on our potential new owner in order to smear him in the press.
By doing this he hopes to put doubt in the mind of supporters and more importantly, those that have the immediate power to make a decision at Anfield, chiefly Martin Broughton, and remove Tom Hicks and George Gillett.
The motivation behind this is to remove the only credible bid on the table for the club, thereby extending his stay of execution until the finance agreements are up in October, and then rely on RBS reluctance to put the club into administration and grant them a further extension.
But enough of that devious little ****
In regards to the Huang bid to buy the club, couple of commitments that they have made in their bid, commitments that the board of LFC, BarCap and RBS are aware of
They will remove all the debt on the club
They will invest heavily in the playing squad
They will start work on the stadium as soon as is practicable, as it is absolutely key to their long term plans for the club
They will promote the club in both China and the US, aiming bring in global giants as commercial partners with the intention of building the club to a level of Real Madrid, Barcelona and Bayern Munich
The only caveat to this is that IF George is successful in moving the goalposts, there is doubt as to whether they will be happy to watch the club depreciate further for a further 12 months and may withdraw their interest.
