Kenny Huang will not be taking over Liverpool FC Visit Paddy Power Save For Later Posted by Bettingpro Staff 21 Aug 2010 Tweet (credit: endeavourcambiasored) Related Articles See all Premier League newsMan City v Liverpool betting previewLiverpool FC manager allows Alberto Aquilani to return to ItalyPeter Kenyon hired by Kenny Huang to take over Liverpool FCLiverpool FC takeover could be scuppered if Kenny Huang walks away Share it Pin It Merseyside club have been dealt a huge blow as they look for new ownershipIt's free entry into the Last Man Standing competition at Paddy Power today - £1,000 first prize up for grabs.It appears that Kenny Huang’s consortium were the favourites to take over Liverpool FC, although the Chinese investor has told Martin Broughton that he is now breaking off talks regarding the sale of the club, potentially meaning that the club are back to square one when it comes to finding new ownership.Indeed, The Guardian report that Huang’s bid appeared to be the only viable bid under consideration, something which has led to the Chinaman withdrawing. We reported earlier in the week that Huang was getting frustrated by the slow pace of negotiations, with the formal bids having been submitted over a week ago.A statement on behalf of Huang announced: "After due consideration, Kenny Huang and QSL Sports is [sic] withdrawing from the ongoing sales process with respect to Liverpool. Mr. Huang has formally notified the chairman of the Liverpool board."It’s possible that Huang might yet return to the takeover scene - perhaps this has been done to make the board act quickly and hasten the negotiations between themselves and QSL Sports. Read our Paddy Power review Get your £250 free bet at Paddypower Like Like Post to wall 1030 Reads All Football News Recent Football Articles Goal-line Technology 12/1 To Debut In 2012-13 Premier League24 May 2012Goal-line technology could be introduced to the Premier League next season, according to Ladbrokes. Premier League 2012-13 Betting – West Ham to avoid relegation22 May 2012West Ham United have bucked the pre-season trend that normally sees the play-off winners being made West Ham United FC win promotion to Premier League19 May 2012West Ham United beat Blackpool 2-1 in the nPower Championship playoff final to win promotion to the Premier League Final Day Trading News - Manchester City reward faithul backers14 May 2012Manchester City's dramatic title win caused carnage on betfair on Sunday with some big wins and los Premier League 2012-12 betting - Manchester City 11/8 to retain title13 May 2012Manchester City are the 11/8 favourites to win the 2012-12 Premier League title. Premier League 2012-13 title odds - Manchester City 6/4 to retain Premier League title13 May 2012Manchester City won the Premier League title in dramatic fashion and they are favourites to retain More Stories Recent Articles WTA Strasbourg Final live - Francesca Schiavone and Alize Cornet25 May 2012Francesca Schiavone and Alize Cornet are scheduled to meet on Saturday for an eagerly anticipated Eurovision Song Contest 2012 Guide - Spain25 May 2012Spain have the best draw and a powerful performer but they face an uphill struggle to win Eurovisio Eurovision Song Contest 2012 Guide - Germany25 May 2012Germany's entry is one of the most professional of Eurovision 2012 but it Roman Lob's song Standing Irish 2000 Guineas Betting Tips - Who'll Win the Irish 2000 Guineas?25 May 2012Trainer Aidan O'Brien is responsible for four of the 11 colts that will go to post for Saturday's I Norway v England First Goalscorer Cashback at Boylesports25 May 2012Boylesports are continuing their popular First Goalscorer cashback promotion on Saturday's internat League One Play-off Final First Goalscorer Cashback at Boylesports25 May 2012Boylesports are continuing their popular First Goalscorer cashback promotion on Saturday's League O More Stories Tags Kenny Huang, Liverpool, Martin Broughton