Liverpool soccer club, the 18-time English champion put up for sale in April, may find a buyer by Aug. 31, Chairman Martin Broughton said amid reports of offers from suitors including Chinese businessman Kenny Huang.
"It still remains the objective to conclude a deal before the end of the transfer window," the U.K.'s Guardian newspaper cited Broughton as saying last night. "That remains the objective but there are no deadlines, and we will continue working to complete the process."
Huang approached Royal Bank of Scotland Group Plc with an offer to acquire Liverpool's debt of 237 million pounds ($376 million), U.K. newspapers including the London-based Times, the Daily Telegraph and the Daily Mail reported yesterday. Rachel Chan, a Hong Kong-based spokeswoman for Huang, said in an e-mail today that she had no immediate comment from Huang. A voicemail left on Huang's U.S. phone wasn't returned.