CIC denies interest in UK football club: reports
China Investment Corporation (CIC), Beijing's sovereign wealth fund, on Thursday refuted reports linking it to a takeover of Liverpool Football Club, a UK sports team.
A representative for the sovereign wealth fund told the Financial Times, a business newspaper, that a flurry of reports in United Kingdom and international media outlets, alleging that it was behind a bid to buy the club from Kenny Huang, a Chinese sports marketing entrepreneur, who is presently helping launch the country's second
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