A consortium led by China Everbright Ltd. and private equity group PCP Capital Partners LLP has lined up a bid for a major stake in Liverpool Football Club, according to a person familiar with the matter. The bid, if successful, would mark one of the most high profile Chinese backed soccer investments to date. However Liverpool FC’s current owners, Fenway Sports Group, who also own the Boston Red Sox baseball team, may prove reluctant to sell a large chunk of its shares in Liverpool. Earlier this week the club’s chairman...

Source: Wall Street Journal August 21, 2016 18:33 UTC