1. China Everbright says not in talks to buy Liverpool stake

China Everbright says not in talks to buy Liverpool stake

China Everbright Ltd , part of the state-owned China Everbright Group, is not in talks to buy a stake in British soccer team Liverpool FC, Chief Executive Chen Shuang said on Wednesday.

By: | Hong Kong | Published: August 31, 2016 4:47 PM
The Financial Times reported Liverpool's owners had hired an investment bank to advise on a possible sale to a consortium that included Everbright. (Reuters) The Financial Times reported Liverpool’s owners had hired an investment bank to advise on a possible sale to a consortium that included Everbright. (Reuters)

China Everbright Ltd , part of the state-owned China Everbright Group, is not in talks to buy a stake in British soccer team Liverpool FC, Chief Executive Chen Shuang said on Wednesday.

Chen said that, after media reports of Everbright’s interest in the English Premier League club, he called several executives at different units of Everbright that might be involved in outbound mergers and acquisitions and found no one was working on any such deal.

“I really don’t know where the media sources come from. I called everyone who might be involved and found no one was aware of this deal,” he said at a news briefing.

The Financial Times reported Liverpool’s owners had hired an investment bank to advise on a possible sale to a consortium that included Everbright.

Sports assets are not the investment focus of the Chinese conglomerate and Everbright plans to invest instead in the culture and entertainment industry, including movie theatres, in the second half of this year, Chen said.

The US owners of Liverpool have said the club is not for sale.

  1. Jack Loach
    Sep 8, 2016 at 8:47 pm
    Swiss Banks v Legal World.Their insatiable desire for peoples monies has now meant that their methods are criminal or at best morally corrupt.Over 100 Swiss banks are currently being investigated by the U.S Authorities. to settle the decades of Tax evasion.B.S.I. Bank started the ball rolling by paying $211 million.Pictet is one of the most exposed since the Bank was already in the view finder of the authorities for the numerous litigations being brought against this Bank across the world.One of many private litigations against the Pictet Bank in America relates to an investor who was robbed by a Pictet Manager and was claiming $108 Million damages.(Sept 2013.) The manager siphoned millions from their accounts held by Pictet. Charges relating back to 2009. Unbelievably the manager in question had been banned in 2009 by the U S Authorities for embezzlement , forgery and other financial crimes.Pictet emplo him till 2012 in America.Loretta Lynch the Minister of Justice appointed by Barak Obama will be investigating , she was the one who nailed F.I.F.A. another Swiss based criminal organisation.Pictet will have to adjust upwards its expected record tax fine with the U.S. Justice Dept. Pictet had to seek istance from the Swiss Authorities to try get them out of this mess. ( Bad move.) U.S.A. will be angry.Pictet Bank some 8 months earlier changed from being an unlimitedliability status to a Limited liability organisation.During this period of extreme scrutiny of the Pictet Bank. It led to four partners of the Bank quitting --- jumping ship.Ivan Pictet. --- June 2010.Phillipe Bertherat ---- Dec. 2014. Jean Francoise Demole --- Aug. 2015.Jacques De Saussure.---- July 2016.These four being four of the seven partners.They could see their multi million pound fortunes being put in jeopardy.They also knew that after Madoff they could risk going to jail.The only people that can stop these bankers are Governments , but even they in some cases turn a blind eye to the crimes. The U.K. for one.If you wanted to bring a case against Pictet Bank , you would have to do it in Switzerland and use a Swiss lawyer. Problem you can't get one of the 400 Lawyers in Geneva because not one is not in conflict of interest with Pictet.Pictet Bank are very clever, they have set up 19 subsidiaries across the world that are formed to set up a legal barrier against any legal complaint /litigation that might be made against the banking operations carried out in Geneva. No wonder many Geneva banks are closed and shuttered. Some 400,000 square feet of office space closed . Geneva's office space loss is tripling year on year.Banks are going bankrupt , other ceasing to trade and other drastically cutting their liability and becoming basically limited companies. Ironically even after Brexit the Swiss Banks are moving large amount of staff out of Geneva to their London offices. They are more protected by the U.K. Government than their own Swiss government . ( Disgusting.)Google, ------ ivan pictet/monty raphael
    Reply
    1. Jack Loach
      Sep 8, 2016 at 8:48 pm
      The Swiss Bank --Pictet & Cie.Sept.. ---2016.Once called the Rolls Royce of Swiss Private Banks , a member of the Swiss Private Bank ociation. An ociation that has shrunk by 25% since the financial crash. The member banks Wegelin and Hottinger were lost through bankruptcy.Pictet & Cie Bank and Lombard Odier Bank seeing the collapse of both Wegelin Bank and Hottinger Bank were advised to become limited liability companies to avoid the same fate has both Wegelin and Hottinger. Other members are also considering this course of action.Pictet Bank by becoming a Limited liability company thus relieves the bank and its seven partners of their two hundred years unlimited liability. This basically means that the seven partners have been advised that their own monies invested in their bank is at risk. I'll bet they haven't informed all their investors / clients of the risks.Pictet have a long list of outstanding litigable offences against them , which if they were outside the banking fraternity would be criminal and result in major prison sentences. It is quite obvious why Pictet do not have a bank in America. They have one in every other major financial centre. The reason being the USA imprison corrupt bankers.Ivan Pictet in particular operated like a modern day Don Corleone , being in positions of power ( Chairman of this and CEO of that.) a philanthropist with other peoples money . He even had an Auditorium Built in Geneva and named after him with monies illegally obtained. In 2013 he was given the Legion of Honour which was quite apt --- seeing that Franco - - Hitler --- Mussolini ---- Himmler have one.He was an exponent of the -- bare faced lie --- he had crucial incriminating doents destro ----- he said the bank had no involvement with MADOFF ---- in fact they let Madoff steal the money then they conned the money off him.Madoff was sent to prison for 150years --- Ivan Pictet got a medal. The lawyers in the Madoff case sued Pictet bank for $135 million dollars.The Swiss newpaper the Anglo exposed a Pictet Ponzi scheme that robbed USA investors of some $90 million dollars.The Pictet Bank hired the top lawyer in Britain to take me to Court, but one week before the case I let Monty Raphael Q.C of Peters & Peters .London that lawyer have sight of the evidence I was putting before the Court basically showing that his clients Pictet Bank had acted criminally.. I went to Court with my legal team --- Monty Raphael.Q.C. never turned up. The judge was furious --- my barrister suggested it was contempt of court. The Judge made sure my legal costs were adequately re- imbursed .There in no way the Pictet Bank and its lawyers will risk taking further legal action which might result in them being imprisoned like Bernard Madoff. The Bank will not be using Monty Raphael .Q.C. again in this or any other case.Quote. American judge/lawyer stated that you can be the richest man in the world with the best lawyers money can buy but you can't win against a man who has got nothing to loose and his telling the truth. ------ thanks to the internet. Full Story ---- Google ---- ivan pictet/monty raphael.
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