Source: Team_Talk
Chinese takeaway good for Reds - Ganis
A key member of the Chinese consortium bidding to buy Liverpool has defended their approach which he says is in the best interests of the club.[LNB] Marc Ganis, whose Chicago-based company Sportscorp Ltd has helped form the investment group, said that any takeover would not enrich American co-owners Tom Hicks and George Gillett.[LNB]Instead, he has implied that a significant amount of cash would be given to construct the long-delayed new stadium which will replace Anfield.[LNB]He has also suggested that a large sum would be available to invest in new signings which would make a debt-free Liverpool major challengers in the upcoming campaign.[LNB]Ganis said: "We haven't submitted a formal proposal but we submitted the broad parameters of what a proposal would look like to see if it would be welcomed, and it was.[LNB]"What is not one of our goals is the enrichment of the existing owners.[LNB]"If we submit a proposal and it is accepted, it would be focused on the future and not the past."[LNB]Barclays has told potential bidders they will have to prove their financial status before any proposal is accepted.[LNB]Current co-owner Hicks has said he wants a minimum $950million (£600m) for Liverpool whose known debt last stood at $375million (£237m).[LNB]Ganis, though, said his consortium would not bid close to that sum, leaving the door open for other investors to pip them to the post.[LNB]Syrian businessman Yahya Kirdi looks a leading player with his consortium of investors from the Middle East and Canada who have claimed they are close to completing a takeover.[LNB]"If anybody wants to (bid that sum), good luck," said Ganis, who is yet to reveal how much his group are willing to invest.[LNB]"We know what we would be prepared to do. If somebody else wants to look at it in a different way, it's their money. That would be their business, not ours."[LNB]Ganis has also moved to reassure current members of the management team.[LNB]He said: "From what we have seen from afar, many of the people currently running Liverpool are doing a good job.[LNB]"There shouldn't be an expectation there would be a mass upheaval if we submit and we are approved."
