The Chinese government’s foreign investment arm, China Investment Corporation, have denied funding a bid for Liverpool.
The Chinese Government has been linked to a takeover bid fronted by Kenny Huang.
Reports in the British press on Thursday suggested Huang’s takeover bid was being funded by the state-funded China Investment Corporation (CIC).
However, a spokesperson for CIC claims they are not involved in any bid for the English giants.
The spokesperson told the Financial Times there was “no way” the fund would get involved in such a high-profile, symbolic and potentially risky deal.
Hong Kong-based investor Huang revealed his interest in buying the club on Wednesday and is thought to value the club at about £325m, but has not yet made a formal offer.
A number of consortia are thought to be in talks with Liverpool over a possible deal with Syrian businessman Yahya Kirdi claiming his group of Canadian and Middle East investors has agreed a deal with current Liverpool owners George Gillett and Tom Hicks.