<p><br /> Kenny Huang decided to withdraw from the race to buy Liverpool because of his disillusionment with chairman Martin Broughton and the club's board over the timescale and pace of a deal, it has emerged.<br /> </p><p><br /> It is believed Huang was unimpressed at Liverpool's unwillingness to set a general date for the completion of a sale.<br /> </p><p><br /> He is also thought to have been concerned by Broughton's insistence that the board should reserve the right to accept an 11th-hour bid from another candidate even if the terms of sale had been agreed.<br /> </p><p><br /> Broughton has been persistent in his assertion that he will not be forced into rushing a sale by any candidate.<br /> </p><p><br /> Huang, the only contender to buy the debt-laden club who had made his intentions plain, issued a statement on Friday night.<br /> </p><p><br /> In it he revealed that he had informed Liverpool's board that he no longer wished to be considered a candidate to buy out the stakes of current owners Tom Hicks and George Gillett.<br /> </p>
