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Liverpool stake purchase not happening - China Everbright chief

The chief executive of China Everbright has said they have not approached Liverpool about purchasing a stake in the club.

Earlier this month the Financial Times reported that Everbright were interested in buying a large stake of the club from owners Fenway Sports Group (FSG).

The report added that FSG had hired investment bank Allen & Co to assist them in discussions over a possible sale.

However, a source close to the club told ESPN FC in August that FSG and Allen & Co have "a long-term relationship," with the investment bank providing advice on business and financial issues.