Shinawatra Makes Bid - Reports From The Far East
About half an hour ago, Reuters in Bangkok reported that Thaksin Shinawatra had made a formal bid for Manchester City Plc. Thaksin's lawyer commented "What I can say now is we have tendered a bid for the team.". Reuters also reported that the takeover plan involved putting four Thai businessmen on the board of our Club and using our Club's reserve team for Thai national players.
Questions over who the four Thai businessmen are, how plans for using Thai players may affect our pipeline of young talent and what Thaksin Shinawatra's plans are for our Club cannot be answered until full details of the bid are known.
Shinawatra is facing corruption charges in Thailand and reports today suggest that his assets are in danger of being frozen. How this may affect a bid for our Club or his future plans remains to be seen.
Shinwatra has in the past attempted to purchase or invest in Liverpool and Fulham. After Liverpool turned his offer down he was reported to have entered into discussions with Everton.
It is vitally important that the shareholders and supporters of Manchester City hear from Shinawatra why he wants to buy our Club, what his plans are and how the current action being taken against him may have an impact on his plans for our Club both now and in the future.
posted by Manchester City Supporters' Trust @ 7:52 am
16 comments
"YOUR CITY. YOUR TRUST."
16 Comments:
I don't understand WHY he should come out in the press? Maybe after the business side has been concluded yes, but not right now - there's no need. I trust our current board - they are City fans and are successful businessman. They turned down Ranson and the Yanks, and seem to have settled on Thaskin. That's fine in my book.
The self-appointed Supporters Trust people don't need to be kept aware of every little development, that's for board members to worry about at the minute.
Stop being so negative. Why spread rumours and inuendo. This guy cannot be any worse than the people who are running us at the moment. Just think a club without a scouser (Mckintosh). More discipline and money to spend without loan deals. Come on MCFC Trust get with us and leave the legal stuff to the boys who are proffesional.
stop being negative and keep out of things that dont concern you. This is good news
Comments from two chaps who are probably thinking about the £50m promised too much. And to Michael, where is the suggestion that the Supporters Trust wants to be kept aware of every little detail? There is nothing pro or anti Frank Sinatra in this article today...I read it as balanced and we look forward to hearing more etc. Stop over reacting and picking holes in supporters who care for their club.
Guvnor you have said it all for me. I have faith in the suporters trust but for God's sake guys let him have the club. The production line will still roll on and we may even have to be as reliant on it.
Supporters trust....this take over is a WIN, WIN, WIN scenario. Don't be like half the posters on MEN and be so damned negative.
nobody knows what is going on other than what is in the papers. surely no one knows if he and his buddies owning the club will be a good thing until we know more?
I think it is right to be asking questions. Unfortuately most Blues are being very niaive and are seeing nothing more than £££££'s. I agree we need investment etc, but I'd be a lot happier knowing a bit more about it. For instance, if this bloke is done for corruption and his assets are frozen, what happens to us? Is the money he pumps in a gift or a loan?
Don't get me wrong, getting rid of this current board and a massive injection of cash to boot is to be welcomed, but we do need more info first.
By the way, I have it on very good authority that Mackintosh is staying, even if Frank Sinatra takes over.
All along the trust has said they will support a long term sustainable plan. They quite clearly are waiting for more information. Others mean while are turned on by media claims that there will be £50m for players, yet Thaksin Shinawatra has said nothing other than buying the club will be for the benefit of Thailand. Everyone calm down and wait to see what happens. As a practising lawyer, I can assure you that "the devil is in the detail".
michael - get real. the city board are looking after themselves and no-one else. take the money and run wardle.
guvnor - alleged human rights abuses is acceptable? and mackintosh will stay if thaksin gets control.
rather than brandishing human rights abuse, have a look at the details , he isnt pol pot or mao. he has been very popular in thailand amgonst the poor, he had massive campaigns against drugs, prostition ( most clubs are owned by army generals who took over) -
he was known was his great contempt for the bangkok elite Bangkok elite.
the human right abuse, stem from the his anti drug policy. the fact is that thailand is highly corrupt especially amongst the generas, and the thai army was used to fight the drug wars. much linked into the insgurance in the south,
now te usa have hardline policy and people are shot everyday by cops, they keep and tortue 'terrorits in numerous camps around the world on small island.
- futher more- abromovich maanged to clean alot of dirt from his name, -desptite being overtly corrupt.
gaydemek- him and his family have been involved in dirty busniess for years, providing russian arms in africa- trafficking..
A reserve team full of Thai's sounds a little worrying....
with all the references regarding curuption..human rights abuses....ect.i think some of you are getting a bit to involved with politics rather than football.??any way had a rumour the three other thai business men who thaskin wants on the board with him are...WILL WEWIN...WYN WAN SOON...WY MEE...
I don't see anything wrong with the comments being made by the MCST on here, to my mind they're being a bit too even-handed and let's wait and see about this. I've seen enough by now to know that I don't want Shinawatra to have anything to do with the club. If there are reports in Thailand that he wants to use the reserve team to bring through Thai national team players then what's wrong with pointing it out, it shows how this takeover is being played out in that country. It's alright for Shinawatra to say that he has retired from politics but that is plainly not true, it isn't a choice that he has.
Seems that things are a bit more advanced than we are being led to believe:
From the Nation, Bangkok
Thaksin nominates four businessmen to Manchester City board
Former prime minister Thaksin Shinawatra has nominated his former business partners and aides to sit on the board of directors of Manchester City Football Club, it was reported.
Thai Rath reported quoting a source as saying that Thaksin nominated Pongsak Raktapongpaisal, Thirachai Wutthichai, Phairoj Piampongsarn, and Wikrom Khumphairoj to sit on the Manchester City board after he managed to cut the takeover deal.
there are major questions to be answered before this take over can proceed. 1/ the corruption charges must be settled before we can discuss further as this could leave our club bankrupt.
2/ i saw city play the thai national side some saesons ago, we could involve one or two of the thai national team but not more, it would be ridiculous to smash the youth set up we have.
3/ if it went thru, what assurances is there of extensive monies being provided to strengthen the side.
meanwhile we are losing players and there is no structure in place to plan for the new season.
we need action very quickly to prevent our club going into meltdown.
glynn davies
when john bond arrived he sacked the tremendous backroom staff we had, who were takeing the pick of the crop, he replaced them with numpties , the longest lasted 15 months and we never recoved until recently. now the backroom staff have been sacked and we may be in the same position. act now, get a manager and a good staff in, not just cronies.
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