Bummer, my favorite EPL Football (soccer) team, Liverpool, was just bought out by the Chinese government (actually, a Chinese business tycoon (with help/funding from the Chinese
 government to ultimately outbid his competitors.))
I almost bought a couple of their polo shirts online a couple of weeks ago and was planning to buy them soon. I won't know. They were a very good squad, made up of almost 100% Anglos. I think those days are now numbered. Soon, the Chinese will own us all.
Liverpool set out to be bought by Chinese government</font> 
http://www.telegraph.co.uk/sport/football/leagues/premierleague/liverpool/7927305/Liverpool-set-to-be-bought-out-by-Chinese-government.html<div ="story"><h2>
Liverpool could effectively come under the control of the Chinese 
government 
  after it emerged last night that the bid for the club from sports 
  entrepreneur Kenneth Huang has the backing of China Investment 
Corporation, 
  the sovereign wealth fund to the communist state.
</font></h2>
				</div>
			
				
				
					<div ="byline">
	
	
				By Paul Kelso and Rory Smith 
				
				Published: 6:25AM BST 05 Aug 2010
		<div ="cl"> </div>
</div>
							<div ="slideshow ssrait">
			</div>
	
	
	<div ="firstPar">
On a day which also saw Syrian businessman Yahya Kirdi step up his  
interest 
  in the club, Huang publicly confirmed that he is interested in 
assuming 
  control at Anfield.
</div>
			<div ="secondPar">
If Huang took over, it would mean that China's government would have a 
stake 
  in the Premier League, one of the world's most high-profile commercial
 
  arenas. 
</div>
			
	
	<div ="">
Liverpool would become the second foreign state-owned club in the English top 
flight, 
  following Manchester City's takeover by Sheikh Mansour of Abu Dhabi.
Were a deal to be completed - and it was reported last night that CIC 
had 
  traded $558 million of shares since July 19 in readiness to pay off 
  Liverpool's debt - Huang would be subject to the Premier League's new 
Owners 
  and Directors Test, which has replaced the Fit and Proper Persons 
Test. 
There are no indications that Huang would fail the new test's criteria, 
which 
  objectively assesses a potential buyer's finances. 
The moral question of the Chinese government's involvement, however, 
would not 
  be under scrutiny.
CIC, which was set up in 2007 to be responsible for managing part of 
China's 
  foreign exchange reserves and also has a stake in Canary Wharf, has 
assets 
  of around $332 billion to spend abroad and has stockpiled around 
$2 trillion 
  of currency. 
Its management and board are directly answerable to the country's 
communist 
  government and its board of directors is influenced by the Ministry of
 
  Finance.
Huang, considered a serious bidder by Liverpool's chairman Martin 
Broughton, 
  has made his interest public in recent days and a statement yesterday 
  confirmed his intentions, though he has not made a formal bid.
"Mr Huang would like to emphasise that he has registered interest in 
investing 
  in Liverpool FC but has made no formal bid," the statement said. "There has 
  been much speculation from a wide array of people, many of whom have 
little 
  knowledge of the facts."
While Huang clarified his role, Kirdi, who has links to co-owner George 
  Gillett's son, Travis, said he was in "advanced negotiations" with 
Gillett 
  and Tom Hicks.
Sources at Liverpool have previously dismissed Kirdi as a serious 
bidder, but 
  the Americans are understood to believe his consortium offers a real 
option.
In a statement, Kirdi said he had reached agreement on a price with the 
  Americans and that a formal purchase agreement is being prepared. He 
said he 
  had promised to clear the club's debt and finance the new ground in 
Stanley 
  Park.
"I want to build Liverpool," he said. "Everybody who wants to come into 
  Liverpool wants to take the money and go outside. 
"I have a new plan [for the stadium] which I have given George Gillett. 
This 
  one is not only a stadium but also a stadium with a hotel and shopping
 
  centre."
While the American owners believe Kirdi's bid has substance and 
Broughton will 
  be obliged to consider it their confidence is not shared by RBS or 
some 
  within the sale process. 
This may explain why Kirdi referred to negotiations with the American 
owners, 
  rather than with Broughton.
The Rhone Group, New York-based investors, are also thought to be among 
the 
  bidders, though they have not commented publicly on their intentions.
One of the few certainties to emerge on another breathless day on 
Merseyside 
  is that the position of Roy Hodgson, the Liverpool manager, will not 
be 
  under threat, regardless of who takes charge.
It was reported last night that under the Chinese takeover, Hodgson 
would be 
  given a transfer fund of around £150 million to spend on a clutch of 
  high-profile players.
</div>