Reported Liverpool suitor Kenneth Huang has denied weekend stories that he is closing in on a takeover at Liverpool.
One Sunday newspaper claimed that the former Wall Street stockbroker was in advanced negations to buy the Anfield club.
Current co-owners Tom Hicks and George Gillett confirmed earlier in the month that they are actively seeking buyers for their respective 50 per cent stakes in the Reds.
However, China-based businessman Huang has released a statement distancing himself from an impending deal.
"Mr Huang would like to clarify that he did not speak with the newspaper and did not make the statements attributed to him," said the statement.
"Mr Huang would not make any comment in relation to Liverpool FC."