Serbian Captain and Manchester United defender Nemanja Vidic has dashed rumours that he plans to leave the club. He has been repeatedly linked to big money moves abroad to Barcelona, Real Madrid and AC Milan.
As chairman of Hong Kong based QSL Sports Group, Huang has the financial backing of a wealthy investment fund behind him. The move could see an end to Tom Hicks and George Gillett Jr's controversial ownership of the club.
New manager Roy Hodgeson had the odds stacked against him when taking over the club earlier in the year and made the controversial decision to sell some of the players to free up some cash for the club.
If Hicks and Gillett took the offer they would make no profit from the sale of the club which they bought in 2007 for 218.9m, they are reportedly hoping for an offer in the region of600m.
The 90,000-a-week contract will make him one of the highest paid players on the squad and the extension takes his deal up to a massive 18.72m.
Now, in light of the team's poor start to the new season, with losses to some of the lowest ranking teams, the banks are threatening to claim their debts, sending Liverpool into administration which would also cost them 10 points.
If his firm does acquire the club and uses government funding, it will mean substantial investment for Liverpool, more money for players and an ability to charge larger amounts for sponsorship contracts as their games will undoubtedly be viewed en masse in china, particularly if they conveniently sign some new Chinese talent.
More Information:
Many fans have rallied in protest outside Anfield in their
Liverpool football shirt and some of the top players could lose their
Adidas predators in a sponsorship clause.
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