Forum Views ()
Forum Replies ()
Read more with google mobile :
Liverpool bidder has Wall St. flair, Beijing connections
Yahoo!
My Yahoo!
Mail
More Yahoo! Services
Account Options
New User? Sign Up
Sign In
Help
Yahoo! Search
web search
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Singapore
Asia Pacific
World
Liverpool bidder has Wall St. flair, Beijing connections
AFP - Thursday, August 5
Send
IM Story
Print
Liverpool bidder has Wall St. flair, Beijing connections
SHANGHAI (AFP) - – Chinese businessman Kenny Huang is a master at grabbing people's attention. When it comes to hype, his bid to buy Liverpool football club may be his biggest score yet.
Liverpool club chairman Martin Broughton has confirmed Huang is one of several potential buyers to submit a bid to buy the popular English Premier League team.
The Hong Kong-based sports promoter mixes Wall Street flair with strong Chinese government connections, the key to business success in the Asian nation.
Huang, whose Chinese name is Huang Jianhua, became the first mainland Chinese graduate to work at the New York Stock Exchange in the late 1980s, according to information provided by his company, QSL Sports.
He now primarily focuses his attention on Chinese basketball and baseball, as the owner of the Jilin Northeast Tigers in China's top pro basketball league and a master marketer, but has interests abroad as well.
He made headlines last year by announcing he was leading a bid to buy a 15 percent stake in the NBA Cleveland Cavaliers basketball team in the United States, where global superstar LeBron James was then playing.
The deal never materialised, but despite QSL confirming in a statement in April that Huang does not own any stake in the NBA team, media reports continue to describe him as owning a minority share.
QSL says it is only the Cavaliers' marketing partner in China. SportsCorp China, another company founded by Huang, plays a similar role for the New York Yankees.
Huang helped to broker a four-year deal announced this week for instant noodle maker Uni-President to sponsor the Yankees.
As part of that deal, Uni-President will also sponsor the QSL China Baseball League, which Huang co-chairs, and the Yankees will donate to money to the QSL Youth Sports Development Foundation -- Huang's sports charity.
Huang's biggest international sports coup so far was helping to broker the deal that led to China mega-star Yao Ming signing with the Houston Rockets in 2002.
On the mainland, beyond his ownership of the Jilin squad, China's government this year granted Huang an eight-year exclusive management rights deal for the lower-level National Basketball League with an option to renew for eight years.
QSL also signed a six-year exclusive partnership in May with an extension option to develop the China Baseball League, the country's only official professional baseball league.
On the marketing front, Huang sold the naming rights of the Jilin Tigers to a tea company for 1.8 million dollars. They are now the Long-run Tea Basketball Team.
In April, Huang parted ways with QSL's co-founder and main financial backer, Adrian Cheng, the son of Hong Kong developer Cheng Yu-tung, whom Forbes ranked the world's 106th richest man, worth 6.8 billion dollars.
"QSL will now be 100 percent owned by Mr Kenny Huang," the company said in a statement.
As world interest in Huang swelled this week, public relations firm Hill & Knowlton continued to issue statements for QSL, but QSL's website was not working and the phone number at its Beijing offices was out of service.
Recommend
Send
IM Story
Print
Related Articles
Huang denies making formal bid for Liverpool AFP - 30 minutes ago
Mercedes brand FY sales to grow at least 10 pct Reuters - 35 minutes ago
Nearly 3/4 of BP spill oil gone from Gulf Reuters - 38 minutes ago
Wall Street little changed as recovery jitters persist Reuters - 41 minutes ago
US-BUSINESS Summary Reuters - 41 minutes ago
News Search
Top Stories
Israel cuts down trees that caused Lebanon clashes
British bank Lloyds returns to profit in first half
Wimbledon finalist Zvonareva triumphs at WTA tennis
Isner ousts Thiemo de Bakker in Washington tennis
Societe General sees second-quarter profits triple
More Top Stories »
ADVERTISEMENT
Most Popular
Most Viewed
Most Recommended
Elite US cyber team courts hackers to fight terrorists
US obesity growing 'faster than anyone imagined'
Spanish resort city readies to host Michelle Obama, daughter
Fearful Americans save more as recovery slows
Schumacher says 'sorry' for Barrichello move
More Most Viewed »
Parachuting donkey shocks Russian beachgoers
Argentine students crack three-decade-old murder mystery
World's first full face transplant man appears on TV
Paris Hilton caught with cannabis in handbag
Calcium supplements linked to heart attacks: study
More Most Recommended »
Elsewhere on Yahoo!
Financial news on Yahoo! Finance
Stars and latest movies
Best travel destinations
More on Yahoo! News
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Subscribe to our news feeds
Top StoriesMy Yahoo!RSS
» More news feeds | What are news feeds?
Also on Yahoo!
Answers
Groups
Mail
Messenger
Mobile
Travel
Finance
Movies
Sports
Games
» All Yahoo! Services
Site Highlights
Singapore
Full Coverage
Most Popular
Asia Entertainment
Photos
World Cup 2010
Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved.
Terms of Service |
Privacy Policy |
Community |
Intellectual Property Rights Policy |
Help
Other News on Wednesday, 4 August 2010 Explosions kill 12, wound 55 in Iraqi city of Kut
Russia struggles to quell wildfire emergency
Haider's millions came from Libya, Iraq: media reports
US-TECH Summary
Lebanon, Israel troops clash on border
US raises rights concerns at Russia detentions
Analysis: Cash-rich Apple's CFO may have world's best job
Fearful Americans save more as recovery slows
Explosions kill 12 and wound 55 in Iraqi city of Kut
|
42 killed in Iraq attacks as Qaeda plants flag
BlackBerry users lambast planned UAE services ban
Pfizer notches nine percent profit jump
U.S. aims to tighten sanctions grip on Iran
|
RIM unveils new BlackBerry to counter iPhone
U.S. aims to tighten sanctions grip on Iran
GM's US sales up 5.4 percent in July, Ford up 3.1 percent
30 killed, 80 wounded in Iraq twin car bombs: medic
Israeli officer killed in Lebanon border clashes
Taliban attack main US base in Afghan south
Lebanese troops killed, Israelis wounded in clashes
Cuban food output down despite agriculture reforms
|
Pakistan in fresh warning as floods hit 3.2 million
Pakistan's Zardari says war with Taliban being lost
NY mosque near Sept. 11 site wins approval
Pakistani president faces terror row in Britain
Indonesia must reach political deal with Papua: ICG
Fiji ruler says he doesn't trust his people with democracy
US-ENTERTAINMENT Summary
Hackers could enslave iPad and iPhone: security firm
|
Lady Gaga wins record 13 MTV video music nominations
Tourists lose themselves in new London maze
U.S. authorities able to tap BlackBerry messaging
|
Obesity weighs heavily on health, lifespan in US: study
Taiwan business furious at court's environment decision
Large gaps in Asia-Pacific development goals: UN
Russian rapper jailed for 10 days after mocking police
Employees at Indian Volvo bus plant strike over pay
Spanish resort readies to host Obamas
India microlender raises $353 million in share sale
Boeing hikes Indian plane purchase forecast by 15%
Lady Gaga wins record 13 MTV video music nominations
|
Sandra Bullock earns top paycheck in Hollywood
|
Qaeda linked group claims attack on Japan tanker
Societe General sees second-quarter profits triple
Political violence rages in Karachi, 12 more killed
|
Israeli shelling kills Gaza militant
Kenyans vote in referendum on new constitution
|
Isner ousts Thiemo de Bakker in Washington tennis
Qaeda linked group claims attack on Japan tanker
|
U.S. urges Japan follow EU with more Iran sanctions
|
US obesity growing 'faster than anyone imagined'
Spanish resort city readies to host Michelle Obama, daughter
Sharp plans to launch 3D smartphone this year
Haider's millions came from Libya, Iraq: media reports
Israeli shelling kills Gaza militant: medics
|
Motorola, Verizon team up to launch TV device: report
Saudi regulator says Blackberry ban begins Friday
Obama heartbroken by Zimbabwe's decline
|
First New Zealand soldier dies in Afghanistan
Hackers could enslave iPad, iPhone: security firms
Afghanistan's ranks of civil servants under siege
Pakistan floods threaten to bring food crisis
|
Saudi regulator stops BlackBerry services starting Friday
Pacific island leaders urged to engage Fiji
RIM unleashes BlackBerry Torch to take on iPhone
Wyclef Jean to seek Haitian presidency: report
|
Motorola, Verizon team up to launch TV device: report
American Idol dumps Sony label for Universal
Pakistan floods threaten to bring food crisis
Canada gives $2m in aid to flood-hit Pakistan
Fans face long wait for final "Twilight" movie
Australia PM Gillard faces tobacco, poll battles
At least three dead in China school attack
Cambodia 'respects' KRouge jailer's conviction: PM
Global Weather-Celsius
Militants claim suicide bomb attack on Japan tanker
RIM unveils new BlackBerry to counter Apple iPhone
|
S.Korea warns N.Korea on eve of naval drill
Lady Gaga, Carla Bruni top Vanity Fair best dressed
Millions of Japanese trapped in 'hidden poverty'
Motorola, Verizon team up to launch TV device: report
|
Gaza girls turn to fishing to feed family
Sharp plans to launch 3D smartphone this year
|
US to target secret funds of N.Korea's Kim
Emmy's actor race a (mostly) level playing field
Indonesian Internet use booming
Justin Bieber to play himself in 3D movie
Rome re-lives the Dolce Vita in a photo exhibit
Fans face long wait for final "Twilight" movie
New musical returns Alice to Wonderland, via Broadway
American Idol dumps Sony label for Universal
Mitsui: won't pay BP until spill cause 'revealed'
Justin Bieber ready for big-screen biopic
Toyota first quarter net profit 2.2 billion dlrs
Pakistani c.bank buys 33.10 bln rupees of govt paper
Seoul shares end flat; refiners rise, autos fall
S&P owner hits back at China criticism: report
Taiwan insurer shares up on China investment rules
PAKISTAN
Key promotion fuels Tata succession speculation
Seoul shares end flat; refiners rise, autos fall
S.Korea bonds up; US data damps rate hike concern
Fans face long wait for final Twilight movie
|
Emmy's actor race a (mostly) level playing field
|
Justin Bieber to play himself in 3D movie
|
Wyclef Jean to seek Haitian presidency: report
|
New musical returns Alice to Wonderland, via Broadway
|
Israel axes trees, nixes tension after Lebanon clash
Dutch teen sets off for world solo sailing bid
Iran's Ahmadinejad unhurt after blast near motorcade
|
Ahmadinejad unhurt after motorcade explosion
British bank Lloyds returns to profit in first half
Israel cuts down trees that caused Lebanon clashes
Saudi and RIM in last-ditch talks
Pakistan president under attack over Europe trip
U.N. supports Israeli claim on Lebanon clash
|
Wimbledon finalist Zvonareva triumphs at WTA tennis
Google changes trademark ad policy in Europe
Instant view
Russian wildfires death toll rises to 48: ministry
Google loosens Europe ad trademark controls
Iran's Ahmadinejad unhurt after blast near motorcade
IPads set for official Israeli launch in a few weeks
Czechs bury anti-communist fighter
|
Gaza militants may be behind rockets, Egypt says
EU Commission chose iPhone and HTC over BlackBerry
Two U.N. Gaza probes will not overlap: rights chief
|
Iran denies grenade attack on Ahmadinejad
Ban on BlackBerry data a security badge of honor
Take stance on Bashir arrest, group tells Africa
Italy minister says snap polls possible in autumn
|
Naomi Campbell gives blood diamond testimony at Taylor trial
|
Food fears for Pakistan flood survivors
South Korea drills draw North ire, no retaliation seen
Three children die in latest China school attack
Saudi and RIM in last-ditch talks
|
Toyota posts quarterly profit, raises forecast
Man detained after China school attack: state media
Politics trump bling as "Real Housewives" move to D.C.
Intel settles U.S. charges that it stifled rivals
|
Asian families struggle to support children, parents
Wyclef Jean to seek Haitian presidency: report
Google changes trademark ad policy in Europe
|
EU Commission chose iPhone and HTC over BlackBerry
|
IPads set for official Israeli launch in a few weeks
|
BlackBerry 'will not let India monitor messages'
Indian tycoon 'targets Blackburn takeover'
Pakistani stocks flat; rupee firms; o/n rates down
Liverpool bidder has Wall St. flair, Beijing connections
Taiwan expects big leap in China procurements
Floods destroy Pakistan farmers' livelihoods
Politics trump bling as Real Housewives move to D.C.
|
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights