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Harris claims new buyer in frame for Liverpool

ESPN staff
August 24, 2010 « Penn and Couture put legacies on the line | ESPN FA Cup Promo »
Keith Harris has brokered a number of high-profile deals © Getty Images
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Keith Harris claims an overseas buyer is mulling over the possibility of lodging a bid for Liverpool.

Reds owners George Gillett and Tom Hicks are looking to offload the club and they may have a buyer in the frame, as former Football League chairman Harris, who has had a hand in the sales of Aston Villa, West Ham and Manchester City in the past, revealed due diligence has already been done.

"The overseas buyer we represent has completed due diligence," Harris told the London Evening Standard. "A huge amount of work has been done. It is none of the groups mentioned in the press. The ball is now in our client's court to make an offer.

"I do not think the deal will be done before the transfer window closes this month but the next pressure point is October when some of the RBS loan of £237 million has to be repaid. It may happen then. But in the present climate these things are impossible to predict."

Last week Hong Kong-based businessman Kenny Huang - whose interest was allied to the Chinese government - pulled out of the bidding process.

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