From Football 365

Former Chelsea and Manchester United chief executive Peter Kenyon is 'fronting' Kenny Huang's Liverpool takeover bid, according to reports.

Bloomberg reported on Thursday evening that Kenyon, now director at the US-based Creative Arts Agency, has been negotiating with Liverpool on behalf of Huang's bid to buy the club.

Kenyon was reportedly brought in for discussions with Liverpool chairman Martin Broughton because of his experience and expertise in English football, and while his involvement may add some credibility to Huang's bid, the move may not go down well on Merseyside.

However, while Kenyon may be helping with the bid, The Guardian reports that he will not have any role at the club should Huang's takeover go through.

Marc Ganis, an American 'sports executive' and previously involved with Huang's QSL sports group, is no longer working on the deal.

The revelation comes after reports emerged on Thursday that Huang had become disillusioned with the speed of negotiations, claiming that the club were taking too long to verify his funds. The reports suggested Huang was ready to pull out of the deal if things did not move more quickly.

However, The Daily Telegraph reports that 'sources close to the sale process' believe that to be a negotiating tactic, and that Huang will 'issue a statement in the next 24 hours clarifying his position.'