Singaporean billionaire (and ‘Man Utd fan’) Peter Lim makes £320m bid for Liverpool

Bid beats NESV’s by £20m



A Singapore based billionaire reported to own a chain of Manchester United-themed bars in the Far East has put in a £320m cash bid for Liverpool, beating John Henry’s NESV offer by £20m.

57-year-old Peter Lim, owner of exclusive rights to a string of ‘Red Cafes’ in Asia, is also offering the ailing club a £40m transfer kitty up-front.

However, his transfer bid is almost certainly too late in the day to be successful as Liverpool chairman Martin Broughton has already signed a binding deal with Americans NESV.

Lim’s offer is only likely to be have a chance if the club enter administration, at which time the increased bid would have be considered, or NESV pull out of the deal.

In a statement earlier this afternoon, Lim said:

If the board accepts this offer, the monies are available immediately thereby removing the threat of administration.The club needs to strengthen its existing squad. As part of this offer, I will be injecting £40m in cash into the club for Roy Hodgson to bring in new players during the upcoming transfer window. Liverpool needs to start winning again.

I respect and admire Liverpool Football Club, which is steeped in tradition and history. I am committed to rebuild the club so that it can soon regain its position at the pinnacle of English and European football, where it truly belongs.

Singaporean billionaire (and ‘Man Utd fan’) Peter Lim makes £320m bid for Liverpool
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