The Chinese group planning to takeover Liverpool will make an offer this week.
The Sun says Kenny Huang, the businessman whose QSL
Sports Ltd company fronts the plan, will make a £400million
bid.
And that could spark an auction for England's most successful
club.
Other interested parties like Yahya Kirdi's Syrian consortium
and American equity firm The Rhone Group would then be duty bound
to show their hand.
Yet it is unlikely anything will be completed before the end of
the transfer window, leaving boss Roy Hodgson to rely on cut-price
deals and cash from sales to strengthen his squad.
Huang would co-run Liverpool
with fellow businessman Guang Yang.
China Investment Corp, the government's sovereign wealth fund,
would take a passive interest in the daily management.
Co-owner Tom Hicks wants £600m-800m for the club he and George
Gillett bought three years ago and who they sent £237m into
debt.