Thaksin may make new move for City

CNN.com

Thaksin confirms approach to City

POSTED: 1434 GMT (2234 HKT), May 1, 2007
story.shinawatra.afp.gi.jpg
Thaksin failed with a £65 million
 bid for Liverpool three years ago.

MANCHESTER, England — Former Thai prime minister Thaksin
Shinawatra confirmed on Tuesday that he has approached Manchester City
about a possible takeover bid for the English Premier League club.

Thaksin made an “indicative proposal” to buy Man City, his company said in a statement to the London Stock Exchange.

“Thaksin
Shinawatra notes certain recent press articles regarding the
possibility of an offer being made for Manchester City,” the statement
said.

“Thaksin confirms that he and his advisers have made an
indicative proposal that may or may not lead to an offer being made for
the Company.”

Former City player Ray Ranson has also been trying
to buy the Eastlands club and last week submitted a revised proposal
regarding a proposed offer. Media reports put Ranson’s bid in the
region of £90 million.

Ranson, who is backed by a British-based
financial partner, last Tuesday lodged a new proposal to address
concerns about conditionality and said in a statement that he hoped to
enter formal discussions with the board.

However, it is
understood that Thaksin’s interest is favored by City after the club
was contacted by the Thais with regard to opening up the books.

The
club has been actively seeking investors recently, with chairman John
Wardle keen to attract significant funds for a team that has long lived
in the shadow of neighbors Manchester United.

Thaksin, who has
not returned to Thailand since a bloodless military coup on September
19, failed in his efforts to buy Liverpool for £65 million three years
ago.

Playing golf

Thaksin,
accused by coup leaders of corruption and cronyism during his five
years in office, lives in London but has also been traveling in Asia
playing golf and has been elected president of his country’s
professional golf association.

He won a unanimous vote to take over the TPGA presidency from former cabinet minister Pongsak Raktapongpisal.

Pongsak said Thaksinhad no plans to return to politics and his exile would not prevent him from doing the job properly.

“Although
he is not in Thailand, work will proceed effectively,” the Nation
newspaper quoted Pongsak as saying. Thaksin has been told he can return
home to fight legal cases if summonsed by courts.

BBC Sport

Ex-Thai PM steps up Man City bid


Manchester City



Former Thailand prime minister Thaksin Shinawatra has emerged as the frontrunner to buy Manchester City.

Thaksin has been granted access to the club’s accounts
and his advisers will carry out due diligence before reporting their
findings to him.

Thaksin, who failed to buy Liverpool three years ago, has been linked with a £100m bid for City.

His offer is believed to be more favourable to City than that of rival bidder Ray Ranson.

The club were not happy with some of the terms of Ranson’s initial proposal before he submitted an updated version.

But Thaksin made contact with City on Monday and the process for him to take over the Eastlands outfit has moved on quickly.

Due diligence allows a potential buyer to examine the
accounts of the organisation in question and decide whether it is a
worthwhile investment for them to make.

“Dr Thaksin Shinawatra notes certain recent press
articles regarding the possibility of an offer being made for
Manchester City,” read a statement from Shinawatra’s accountants to the
Stock Exchange.

“Dr Thaksin confirms that he and his advisers have made
an indicative proposal that may or may not lead to an offer being made
for the company.”

Updated: May 1, 2007

Thai in pole position for Man City takeover

Former Thai prime minister Thaksin Shinawatra has moved into pole

position to buy Manchester City after he was granted access to the
club’s accounts.

Thaksin Shinawatra

DavidCannon/GettyImages
Thaksin Shinawatra: City bid

Shinawatra’s accountants, who confirmed to the Stock Exchange on Tuesday that they had made ‘an indicative proposal’ to City, will complete due diligence
at the club before advising their client whether to make a formal bid
for the club.

Shinawatra has been heavily linked with a near-£100million move for the
Eastlands outfit over the weekend and contact was finally made on Monday night.

The statement to the Stock Exchange read: ‘Dr Thaksin Shinawatra notes
certain recent press articles regarding the possibility of an offer being made
for Manchester City.

‘Dr Thaksin confirms that he and his advisers have made an indicative
proposal that may or may not lead to an offer being made for the company.’

After failing in his efforts to buy Liverpool three years ago, Shinawatra has
not been put off getting involved in the Premiership and sees City as an ideal
opportunity.

Given the reluctance among senior figures within the Blues hierarchy to
negotiate with former player Ray Ranson – who has also made his interest in the
club clear – Shinawatra would appear well placed if he decides to pursue the
matter.

Shinawatra is currently living in London after being ousted from office in a
military coup last year.

He was first linked with the Premiership three years ago when he made a
£65million bid to buy Liverpool but the club rejected his proposals.

Liverpool were also condemned at the time, by groups such as Amnesty
International, for entering into negotiations with Shinawatra due to his human
rights record as prime minister.

Shinawatra, a billionaire tycoon who made his fortune in telecommunications,
went on to win a second term in 2005 but has been in exile since the coup last
year.

Shinawatra has made greater headway than Ranson in attempts to buy the club,
with the former City defender as yet receiving no response to his revised offer
last week.

Speculation over Ranson’s bid has also seen the club linked with a move to
bring in Sam Allardyce, who resigned at Bolton this week, as manager.

Current boss Stuart Pearce’s position is under threat after a disappointing
season on the field.

The Daily Mail logo

Shinawatra moves into pole for City takeover

Last updated at 10:01am on 1st May 2007

Comments Comments (2)

Former Thai prime minister Thaksin Shinawatra has moved into pole
position to buy Manchester City after he was granted access to the
club’s accounts.

Shinawatra’s accountants will complete due diligence at City
before advising their client whether to make a formal bid for the club.

Scroll down for more

Thaksin Shinawatra

Taking
the lead: Former Thai PM Thaksin Shinawatra, seen here meeting Tony
Blair, has been given the green light to check City’s accounts

Shinawatra has been heavily linked with a near £100million move for the
Eastlands outfit over the weekend and contact was finally made.

After failing in his efforts to buy Liverpool three years ago,
Shinawatra has not been put off getting involved in the Premiership and
sees City as an ideal opportunity.

Given the reluctance among senior figures within the Blues
hierarchy to negotiate with former player Ray Ranson – who has also
made his interest in the club clear – Shinawatra would appear well
placed if he decides to pursue the matter.

Shinawatra is currently living in London after being ousted from office in a military coup last year.

He was first linked with the Premiership three years ago when he
made a £65million bid to buy Liverpool but the club rejected his
proposals.

Liverpool were also condemned at the time, by groups such as
Amnesty International, for entering into negotiations with Shinawatra
due to his human rights record as prime minister.

Scroll down for more

City of Manchester stadium

Shinawatra, a billionaire tycoon who made his fortune in
telecommunications, went on to win a second term in 2005 but has been
in exile since the coup last year.

Shinawatra has made greater headway than Ranson in attempts to
buy the club, with the former City defender as yet receiving no
response to his revised offer last week.

Speculation over Ranson’s bid has also seen the club linked
with a move to bring in Sam Allardyce, who resigned at Bolton this
week, as manager.

Current boss Stuart Pearce’s position is under threat after a disappointing season on the field.


Comment Add your comment

Comments (2)

Here’s what readers have had to say so far. Why not add your thoughts below?

I hope whoever takes over the club has the best
interest of the club at heart. The Stuart Pearce situation is for
another day. Lets hope he can motivate the team to beat United and dent
their title hopes on Saturday. Everyone around the club needs this
after another long season…

– Scott, Watford

I hope whoever takes over gets rid of this Cockney lightweight called Pearce.
I have read he may be given £50 Million.
Who in their right mind would give this idiot that kind of money… Pearce out! Wardle out!

Interested in buying City

Shinawatra: Interested in buying City

Shinawatra may Thai up City deal

Former
Thai PM Thaksin Shinawatra has moved into pole position to buy
Manchester City after he was granted access to the club’s accounts.



Shinawatra’s
accountants, who confirmed to the Stock Exchange on Tuesday that they
had made “an indicative proposal” to City, will complete due diligence
at the club before advising their client whether to make a formal bid
for the club.

Shinawatra has been heavily linked with a near-£100million move
for the Eastlands outfit over the weekend and contact was finally made
on Monday night.

The statement to the Stock Exchange read: “Dr Thaksin
Shinawatra notes certain recent press articles regarding the
possibility of an offer being made for Manchester City.

“Dr Thaksin confirms that he and his advisers have made an
indicative proposal that may or may not lead to an offer being made for
the company.”

After failing in his efforts to buy Liverpool three years ago,
Shinawatra has not been put off getting involved in the Premiership and
sees City as an ideal opportunity.

Given the reluctance among senior figures within the Blues
hierarchy to negotiate with former player Ray Ranson – who has also
made his interest in the club clear – Shinawatra would appear well
placed if he decides to pursue the matter.

Shinawatra is currently living in London after being ousted from office in a military coup last year.

He was first linked with the Premiership three years ago when he
made a £65million bid to buy Liverpool but the club rejected his
proposals.

Liverpool were also condemned at the time, by groups such as
Amnesty International, for entering into negotiations with Shinawatra
due to his human rights record as prime minister.

Shinawatra, a billionaire tycoon who made his fortune in
telecommunications, went on to win a second term in 2005 but has been
in exile since the coup last year.

Shinawatra has made greater headway than Ranson in attempts to
buy the club, with the former City defender as yet receiving no
response to his revised offer last week.

Speculation over Ranson’s bid has also seen the club linked
with a move to bring in Sam Allardyce, who resigned at Bolton this
week, as manager.

Current boss Stuart Pearce’s position is under threat after a disappointing season on the field


bluelifer (Manchester City fan):
“…A choice between a dodgy character and a bunch of clowns with no
money. City remain the one constant in this ever changing world. 30
years of flipping a coin and losing….”

Shinawatra may Thai up City deal – Comment

The image “https://i1.wp.com/www.rte.ie/sport/images/logo.gif” cannot be displayed, because it contains errors.

Shinawatra leading Man City takeover race

Former
Thai prime minister Thaksin Shinawatra has moved into pole position to
buy Manchester City after he was granted access to the club’s accounts.

Shinawatra’s accountants will complete due diligence at City before
advising their client whether to make a formal bid for the club.

Shinawatra has been heavily linked with a near £100million move for
the Eastlands outfit over the weekend and contact was finally made last
night.

After failing in his efforts to buy Liverpool three years ago,
Shinawatra has not been put off getting involved in the Premiership and
sees City as an ideal opportunity.

Given the reluctance among senior figures within the Blues hierarchy
to negotiate with former player Ray Ranson – who has also made his
interest in the club clear – Shinawatra would appear well placed if he
decides to pursue the matter.

Shinawatra is currently living in London after being ousted from office in a military coup last year.

He was first linked with the Premiership three years ago when he
made a £65million bid to buy Liverpool but the club rejected his
proposals.

Liverpool were also condemned at the time, by groups such as Amnesty
International, for entering into negotiations with Shinawatra due to
his human rights record as prime minister.

Shinawatra, a billionaire tycoon who made his fortune in
telecommunications, went on to win a second term in 2005 but has been
in exile since the coup last year.

Shinawatra has made greater headway than Ranson in attempts to buy
the club, with the former City defender as yet receiving no response to
his revised offer last week.

Speculation over Ranson’s bid has also seen the club linked with a
move to bring in Sam Allardyce, who resigned at Bolton this week, as
manager.

Current boss Stuart Pearce’s position is under threat after a disappointing season.


Sky Sports

Thai in pole position for City

By Peter ORourke – 
Created on 1 May 2007

Former Thai prime minister Thaksin Shinawatra has been
given the green light to step up his interest in buying Manchester City
after being granted access to the club’s accounts.

Reports suggest City board have granted Shinawatra due diligence allowing his advisors to look at the club’s finances.

Shinawatra, who failed in a bid to buy a stake in Liverpool in
2004, has been strongly linked with a takeover move of City in the last
few weeks.

The 57-year-old is thought to be keen on gaining a controlling interest in City and is ready to do business with City’s board.

City chairman John Wardle is believed to be considering offers
for the club with a number of consortiums expressing interest in the
Eastlands outfit.

However, the board’s reluctance to deal with former player Ray
Ranson over a possible takeover bid appears to put Shinawatra in pole
position to buy the club.

Shinawatra’s accountants will now analyse City’s accounts before advising their client whether to make a formal bid.

Football.co.ukThe image “https://i1.wp.com/www.football.co.uk/shared/images/football-nav-bg.jpg” cannot be displayed, because it contains errors.

Thai steps up City interest

Tuesday May 01 2007 09:42

Former Thailand prime minister Thaksin Shinawatra is reportedly leading the race to buy Manchester City.

Shinawatra,
who failed in a similar bid to buy Liverpool three years ago, has been
granted access to the club’s accounts and his advisors will carry out
due diligence before deciding whether to launch a £100million takeover.

The Eastlands board is believed to be in favour of talking to Shinawatra rather than rival bidder Ray Ranson.

The
former Citizens player has not seen eye-to-eye with the board after a
making a series of public announcements following an initial proposal
last month.

The City hierarchy have questioned the terms
of Ranson’s approach, saying: “Ray Ranson’s indicative proposals to
date have contained a number of material conditions that the board does
not believe can be fulfilled.

“Neither the purported
‘£90million bid’ nor further proposals of any sort have been received
by the company or its advisers from Ray Ranson.”

Shinawatra
– a former policeman who rose to political prominence in Thailand
before being ousted in a coup – has a reported personal fortune of
£2billion.

The now London-based former Thai premier is
also believed to be in favour of keeping Stuart Pearce in the hot-seat
and would give the under-pressure manager a reported £50million sum to
rebuild the City squad.

ReutersUK

Former Thai prime minister mulling Man City takeover

Tue May 1, 2007 11:29AM BST

By Ken Ferris

LONDON (Reuters) – Former Thai prime minister Thaksin Shinawatra is
the front runner to take over Manchester City after being given access
to the English Premier League club’s accounts, the media reported on
Tuesday.

Thaksin was linked with a bid of almost 100 million pounds for City
over the weekend and contact was finally made on Monday, according to
the reports.

Photo

Accountants acting for the exiled billionaire telecoms baron will
complete due diligence before advising their client whether to make a
formal bid.

Former City player Ray Ranson has also been trying to buy the
Eastlands club and last week submitted a revised proposal regarding a
proposed offer. Media reports put Ranson’s bid in the region of 90
million pounds.

Ranson, who is backed by a British-based financial partner, last

Tuesday lodged a new proposal to address concerns about conditionality
and said in a statement that he hoped to enter formal discussions with
the board.

However, Reuters understands that Thaksin’s interest is favoured by
City after the club was contacted by the Thais with regard to opening
up the books.

Thaksin’s lawyer on Tuesday denied to comment on the media reports that his client was in talks with City.

The club has been seeking investors, with chairman John Wardle keen
to attract significant funds for a team that has long lived in the
shadow of neighbours Manchester United

Thaksin, who has not returned to Thailand since a bloodless military
putsch on September 19 last year, failed in his efforts to buy
Liverpool for 65 million pounds three years ago.

The former Thai prime minister, who coup leaders accuse of
corruption and cronyism during his five years in office, lives in
London but has also been travelling in Asia playing golf.

ABC Money


Former Thai premier Thaksin Shinawatra confirms Manchester City bid proposal

LONDON (Thomson Financial) – Deposed Thai prime minister Thaksin Shinawatra has confirmed that he has made an ‘indicative proposal’ that could lead to him making an offer for Manchester City Plc, the holding company of Manchester City Football Club.The bid follows a similar attempt by Shinawatra to buy Liverpool FC three years ago.

Former Manchester City player Ray Ranson submitted a revised offer to buy Manchester City in April this year

Football: Former Thai PM in pole position for Premiership’s Man City

Posted: 01 May 2007 2100 hrs
LONDON: Former Thailand prime minister Thaksin Shinawatra has
emerged as the frontrunner in an anticipated takeover bid after being
given access to Manchester City’s accounts on Monday.

City have recently been targeted by former player Ray Ranson, however
the club were not happy with some of the terms of Ranson’s initial
proposal before he submitted an updated version.

Thaksin, who failed to buy Liverpool three years ago, has been linked with a 100 million pounds (US$200 million) bid for City.

His advisers will now carry out due diligence, which allows a potential
buyer to examine the accounts of the organisation in question and
decide whether it is a worthwhile investment for them to make.

– AFP/yy


Sky Sports

Shinawatra confirms reports

By Robin Hackett – 
Created on 1 May 2007

Former Thai Prime Minister Thaksin Shinawatra has
released a statement confirming he has made an ‘indicative proposal’ to
Manchester City.

Press reports
have emerged indicating that Shinawatra is currently weighing up a bid
after being granted permission to view the club’s accounts.

And on Tuesday, in a statement to the Stock Exchange, the billionaire tycoon has verified his position.

The statement read: “Dr Thaksin Shinawatra notes certain press
articles regarding the possibility of an offer being made for
Manchester City.

“Dr Thaksin confirms that he and his advisers have made an
indicative proposal that may or may not lead to an offer being made for
the company.”

Former Thai PM in Man City takeover pole position

Written by: AFP

Thailand´s ousted Prime Minister Thaksin Shinawatra at a Tokyo hotel, 23 January 2007. Shinawatra has emerged as the frontrunner in an anticipated takeover bid after being given access to Manchester City´s accounts on Monday.
  Thailand´s ousted
Prime Minister Thaksin Shinawatra at a Tokyo hotel, 23 January 2007.
Shinawatra has emerged as the frontrunner in an anticipated takeover
bid after being given access to Manchester City´s accounts on Monday.
 

LONDON (AFP) – Former
Thailand prime minister Thaksin Shinawatra has emerged as the
frontrunner in an anticipated takeover bid after being given access to
Manchester City’s accounts on Monday.

City have recently been targeted by former player Ray Ranson,
however the club were not happy with some of the terms of Ranson’s
initial proposal before he submitted an updated version.

Thaksin, who failed to buy Liverpool three years ago, has been
linked with a 100 million pounds (200 million dollars) bid for City.

His advisers will now carry out due diligence, which allows a
potential buyer to examine the accounts of the organisation in question
and decide whether it is a worthwhile investment for them to make.

Shinawatra is currently living in London after being ousted from office in a military coup last year.

He was first linked with the Premiership three years ago when he
made a 65 million pounds (130 million dollars) bid to buy Liverpool but
the club rejected his proposals.

Liverpool were also condemned at the time, by groups such as
Amnesty International, for entering into negotiations with Shinawatra
due to his human rights record as prime minister.

Shinawatra, a billionaire tycoon who made his fortune in
telecommunications, went on to win a second term in 2005 but has been
in exile since the coup last year.

Shinawatra has made greater headway than Ranson in attempts to buy
the club, with the former City defender as yet receiving no response to
his revised offer last week.

Speculation over Ranson’s bid has also seen the club linked with a
move to bring in Sam Allardyce, who resigned at Bolton this week, as
manager.

Current boss Stuart Pearce’s position is under threat after a disappointing season on the field.

Ananova

Thai to check City accounts

Former
Thai prime minister Thaksin Shinawatra has moved into pole position to
buy Manchester City after he was granted access to the club’s accounts.

Shinawatra’s accountants will complete due diligence at City before
advising their client whether to make a formal bid for the club.

Shinawatra has been heavily linked with a near £100million move for the
Eastlands outfit over the weekend and contact was finally made on
Monday night.

After failing in his efforts to buy Liverpool
three years ago, Shinawatra has not been put off getting involved in
the Premiership and sees City as an ideal opportunity.

Given
the reluctance among senior figures within the Blues hierarchy to
negotiate with former player Ray Ranson – who has also made his
interest in the club clear – Shinawatra would appear well placed if he
decides to pursue the matter.

Shinawatra is living in London
after being ousted from office in a military coup last year. He was
first linked with the Premiership three years ago when he made a
£65million bid to buy Liverpool but the club rejected his proposals.

Liverpool were also condemned at the time, by groups such as Amnesty
International, for entering into negotiations with Shinawatra due to
his human rights record as prime minister.

Shinawatra, a
billionaire tycoon who made his fortune in telecommunications, went on
to win a second term in 2005 but has been in exile since the coup last
year.

Shinawatra has made greater headway than Ranson in
attempts to buy the club, with the former City defender as yet
receiving no response to his revised offer last week.

Speculation over Ranson’s bid has also seen the club linked with a move
to bring in Sam Allardyce, who resigned at Bolton this week, as manager.

Manager Stuart Pearce’s position is under threat after a disappointing season on the field.

Thai Tycoon Confirms Man City Interest

Thaksin Shinawatra, the former Thai prime minister, has confirmed he has approached Manchester City over a possible takeover.

The former PM was linked with a bid of almost £100m for City over the
weekend and has reportedly been given access to the club’s accounts.

“Thaksin confirms that he and his advisers have made an indicative
proposal that may or may not lead to an offer being made for the
company,” he said in a statement.

Accountants acting for the
exiled billionaire telecoms baron will complete due diligence before
advising their client whether to make a formal bid.

Former City player Ray Ranson – backed by a UK financial partner – has also been trying to buy the club.

He last week submitted a revised proposal regarding a proposed offer which reports suggest puts a bid in the region of £90m.

But the City is reported to be in favour of Thaksin’s proposal.

The club, that some believe has lived too long in the shadow of better
known neighbour Manchester United, has been looking for further
investors for a while.

Wednesday, 2 May, 2007

Reading ruins Owen’s return

READING beat Newcastle United 1-0 in the English Premier League on
Monday and spoiled the return of the Magpies’ England striker Michael
Owen.

While
the focus was on Owen, who has been sidelined for 10 months with a
serious knee injury, Dave Kitson scored at Madjeski Stadium for his
first league goal since August and gave the host its third straight
victory.

Kitson settled a cross from Seol Ki-hyeon and scored
with a right-footer in the 50th minute for his only goal since a 3-2
season-opening win over Middlesbrough.

“The whole game was a
bit frantic,” Reading defender Nicky Shorey said. “We needed to slow it
down after we scored but they are a good team. We’ll take it but we
just want to finish as high as we can.”

Reading is in seventh
place with 54 points and in contention for a place in next season’s
UEFA Cup in its first Premier League season.

It were Owen’s
first minutes since he ruptured a ligament in his right knee while
playing against Sweden in a World Cup group game on June 20.

Owen
made only his 11th start for Newcastle since moving from Real Madrid in
August 2005. It was his first start since December 31, 2005, when
Newcastle lost 1-2 to Tottenham Hotspur in the Premier League. He only
played 45 minutes against Tottenham because of a broken foot. That
injury kept him out until just before the World Cup.

Monday was
also the first time Owen had played under Newcastle manager Glenn
Roeder, who took over in February 2006. He played the entire match.

Newcastle is 12th with 42 points.

Meanwhile,
former Thai prime minister Thaksin Shinawatra has made a takeover
proposal to Manchester City, which is seeking fresh investment to
better compete with rivals in the Premier League.

“Thaksin
confirms that he and his advisers have made an indicative proposal that
may or may not lead to an offer being made for the company,” he said in
a statement yesterday.

FT Home

Thaksin mulls bid for Manchester City

By Roger Blitz in London

Published: May 1 2007 22:41 | Last updated: May 1 2007 22:41

Thaksin
Shinawatra, the former prime minister of Thailand, on Monday confirmed
his interest in Manchester City football club, one of the UK Premier
League’s struggling teams and the latest in a number of British clubs
to attract interest from overseas investors.

A statement to the
London Stock Exchange said he had made an indicative proposal to the
board of Manchester City that may or may not lead to an offer being
made for the company.

Manchester
City does not have the success or glamour associated with Manchester
United, Liverpool and Chelsea, the three titans of English football
that have all fallen into the hands of owners based outside the UK.

The
club has only just avoided relegation from the lucrative Premier League
whose value will increase from next season when a new three-year
television rights deal starts.

Mr Thaksin, a lifelong football fan, flirted with a bid for
Liverpool two years ago and is now promising the success-starved
supporters of Manchester City €73.5m to buy new players from next
season. He will have to offer a sum in the region of €146.45m to win
control.

He faces competition for the club which has for years lived under the shadow of Manchester United, its illustrious neighbour.

Ray
Ranson, a former player, has increased his offer for Manchester City,
backed by Sisu Capital, a hedge fund. Mr Thaksin is promising to fund
his purchase entirely from his own assets.

An as yet unnamed US consortium has also been linked with a bid for the club.

Mr
Thaksin lives in ­London and has not returned to Thailand since he was
ousted from power in a bloodless coup in September. He has always
denied allegations of corruption and cronyism in his five years of
office.

His financial advisers have been given access to the
club’s non-disclosed accounts, and he has begun discussions with a
board faced with the club’s debts of about £60m.

Mr Thaksin might
not be in the same financial league as Roman Abramovich, the
­billionaire owner of Chelsea, nor would he bring the sporting
expertise of US sports franchise owners such as Malcom Glazer, who owns
Manchester United, or George Gillett and Tom Hicks, the joint owners of
Liverpool.

But for the fans of Manchester City, starved of funds
under a series of UK-based owners over several seasons, any injection
of capital promises at least a higher quality of player than those
currently on the field.

“It’s fairly positive,” said Kevin Parker, of Manchester City’s
official supporters club. “If Shinawatra [Thaksin] can come up with the
finance and that will move the club forwards, then the club are right
to listen to that.”

Independent.co.uk Online Edition: Home

Barton set for City exit after fight with Dabo at training

By Gordon Tynan

Published: 02 May 2007

Manchester City will seriously consider selling Joey Barton this summer
after he was suspended by the club for a violent altercation with his
team-mate Ousmane Dabo, who required hospital treatment for cuts to his
face following the incident, which erupted during a training game at
City’s Carrington complex.

Barton has a £5.5m get-out clause in his contract and Everton are thought to be among the interested parties.

The City manager, Stuart Pearce, reacted swiftly and, in conjunction
with the club’s chairman, John Wardle, and chief executive, Alistair
Mackintosh, has banned Barton for the remainder of the season.

Barton, 24, will face an internal disciplinary hearing at some point
at which he will be asked to explain his actions. The two players are
said to have repeatedly fouled each other before squaring up, after
which Barton reportedly hit Dabo six or seven times.

Only last week, Barton attacked the way City were being run and
criticised some of the new signings before claiming he would not have
paid to watch the Blues if he had been a fan.

Barton escaped sanction for his tirade. However, the latest problem
brings back instant reminders of incidents that have dogged his past.
In 2004, Barton was fined a club record six weeks’ wages for an attack
on team-mate Jamie Tandy. During the players’ Christmas party, Barton
stubbed out a cigar in Tandy’s eye.

Barton’s agent Willie McKay attempted to defend the player
yesterday. “As far as I’ve heard, he was defending himself,” McKay
said. “But because it is Joey it makes headlines. It happens on
training grounds all over the country.”

The former Thai prime minister Thaksin Shinawatra’s accountants
confirmed to the Stock Exchange yesterday that they had made an
“indicative proposal” to City and will complete due diligence before
advising their client whether to table a formal bid. Sources close to
Shinawatra say he is likely to maintain the current management
structure in the short term, and have ruled out any chance of Sam
Allardyce , who resigned as Bolton manager at the weekend, replacing
Pearce.

Goal.com

Pearce Would Be Safe Under Thai Takeover
Stuart
Pearce’s job would be safe in the short term if former Thai prime
minister Thaksin Shinawatra is successful in his takeover of Manchester
City.

The Thai’s interest in the club has been confirmed to the
Stock Exchange this week, but it is still early days and there is
already opposition to the move due to Shinawata’s past.

Sources close to the man, who has previously tried to buy
Liverpool, state that Pearce would remain in the job following the
takeover, which is in contrast to the other takeover in the pipeline,
that of Ray Ranson, who it is understood would bring in Sam Allardyce.

The statement to the Stock Exchange today read: “Dr Thaksin
Shinawatra notes certain recent press articles regarding the
possibility of an offer being made for Manchester City.

“Dr Thaksin confirms that he and his advisors have made an
indicative proposal that may or may not lead to an offer being made for
the company.”

Shinawatra, a billionaire tycoon who made his fortune in
telecommunications, has been living in England since fleeing Thailand
in exile since the coup last year.


Former Thai PM seeks to buy soccer club

Posted
:

Tue, 01 May 2007 23:10:01GMT
Author
:

Sports News Editor
Category
:

US (Sports)

LONDON,
May 1 Deposed Thailand Prime Minister Thaksin Shinawatra is trying to
buy Manchester City, a Premier League English soccer club.

Thaksin, overthrown in a bloodless coup in his country last September,
has been granted access to the club’s accounts for a due diligence
study, the BBC said.

Thaksin, a billionaire who began his career in Thailand on the police
force, had made a similar bid but failed to acquire Liverpool three
years ago. He is linked with the nearly $200 million bid for Manchester
City, the report said.

His offer was believed to be more favorable to the club than an offer from rival Ray Ranson.

“Dr. Thaksin confirms that he and his advisers have made an indicative
proposal that may or may not lead to an offer being made for the
company,” the BBC reported, quoting a statement from Shinawatra ‘ s
accountants. Thaksin, who now lives in England, holds a doctorate
degree in criminal justice from a U.S. university.

FT Home

Thaksin mulls bid for Manchester City

By Roger Blitz in London

Published: May 1 2007 22:41 | Last updated: May 1 2007 22:41

Thaksin
Shinawatra, the former prime minister of Thailand, on Monday confirmed
his interest in Manchester City football club, one of the UK Premier
League’s struggling teams and the latest in a number of British clubs
to attract interest from overseas investors.

A statement to the
London Stock Exchange said he had made an indicative proposal to the
board of Manchester City that may or may not lead to an offer being
made for the company.

Manchester City does not have the success or glamour associated with
Manchester United, Liverpool and Chelsea, the three titans of English
football that have all fallen into the hands of owners based outside
the UK.

The club has only just avoided relegation from the
lucrative Premier League whose value will increase from next season
when a new three-year television rights deal starts.

Mr Thaksin, a lifelong football fan, flirted with a bid for
Liverpool two years ago and is now promising the success-starved
supporters of Manchester City €73.5m to buy new players from next
season. He will have to offer a sum in the region of €146.45m to win
control.

He faces competition for the club which has for years lived under the shadow of Manchester United, its illustrious neighbour.

Ray
Ranson, a former player, has increased his offer for Manchester City,
backed by Sisu Capital, a hedge fund. Mr Thaksin is promising to fund
his purchase entirely from his own assets.

An as yet unnamed US consortium has also been linked with a bid for the club.

Mr
Thaksin lives in ­London and has not returned to Thailand since he was
ousted from power in a bloodless coup in September. He has always
denied allegations of corruption and cronyism in his five years of
office.

His financial advisers have been given access to the
club’s non-disclosed accounts, and he has begun discussions with a
board faced with the club’s debts of about £60m.

Mr Thaksin might
not be in the same financial league as Roman Abramovich, the
­billionaire owner of Chelsea, nor would he bring the sporting
expertise of US sports franchise owners such as Malcom Glazer, who owns
Manchester United, or George Gillett and Tom Hicks, the joint owners of
Liverpool.

But for the fans of Manchester City, starved of funds
under a series of UK-based owners over several seasons, any injection
of capital promises at least a higher quality of player than those
currently on the field.

“It’s fairly positive,” said Kevin Parker, of Manchester City’s
official supporters club. “If Shinawatra [Thaksin] can come up with the
finance and that will move the club forwards, then the club are right
to listen to that.”

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