Wall Street In 1988, Huang became the first mainland educated Chinese person to work on
Wall Street, as a
public relations executive.
Chinese Sports Huang and
Chicago-based sports consultant Marc Ganis, founded Sportscorp China in 2004, a company that helps bridge sports and sponsorship deals between the United States and China. This enabled Chinese sponsorship and rights distribution deals with both the
Houston Rockets and the
New York Yankees. Huang introduced the
Cleveland Cavaliers in 2009 to
Tsingtao Brewery, which resulted in an agreement between the two. Adrien Cheng left his partnership with Huang soon after for unspecified reasons. Adrien's departure as co-chair of both the
National Basketball League of China and the
China Baseball League, left Huang as the sole chair of both.
Liverpool deal and article During an interview in April 2010 with the UK's
The Mirror newspaper, Huang claimed to be at a "crucial stage" in negotiations to acquire the
Liverpool F.C. team for £500 million. Four months later, Huang instead offered to pay off Liverpool's US$374 million in debts it owed to the
Royal Bank of Scotland in return for control of the team. At the time, Huang claimed that the massive Chinese sovereign wealth fund,
China Investment Corporation, could become a silent investor in the deal. China Investment Corp, however, soon after denied this, saying it had "never heard of a plan to buy Liverpool or of Kenneth Huang". Huang eventually dropped out of the deal a few weeks later. A source close to the matter reported that the China Investment Corporation was involved but pulled out of the deal once their involvement was publicised.
Inter Milan On 1 August 2012, Inter Milan announced that, club owner
Massimo Moratti agreed to sell a minority interests of the club to a Chinese consortium led by Kenneth Huang. On the same day Inter announced an agreement was formed with
China Railway Construction Corporation Limited for a new stadium project. ==References==