A takeover of Liverpool is
now imminent.
The club and a number of interested parties have alerted the
Premier League to a possible change in ownership.
Under tougher new rules on club ownership announced by the
Premier League in response to Portsmouth's financial meltdown, all prospective
owners are obliged to give the league 10 days' notice of a takeover
and prove they have the funds to sustain the club.
It is understood Liverpool
and a number of parties contemplating a takeover - including
Chinese businessman Kenny Huang - have already contacted the
Premier League to alert them a change of ownership could be
imminent.
Under the rules, the Premier League will have to be given 10
days' notice of any takeover, and the prospective owners will be
required to have a face-to-face meeting with league chiefs to
convince them they have enough money for the season to come.