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Walls Closing In On City Owner

Walls Closing In On City Owner

Thaksin Shinawatra and Manchester City's futures are inextricably linked whether we like it or not...

The news today from Thailand that a stunned Pojaman Shinawatra has been sentenced to three years in jail for tax fraud will have sent shockwaves through the Manchester City hierarchy.

I'm no legal expert, nevermind not having a clue about events and history in Thailand, but I'm pretty sure that the cases already levelled against City's owner could drag on for months. If his wife's conviction is anything to go by, then there is every chance that the former Thai PM will be going down.

Exactly where this would leave Manchester City is anybody's guess. It could be that a damage limitation strategy is already underway at the club in preparation for what could come as long term financial repercussions cannot be ruled out should the team fail to reach the heights the owner demands of it.


What's your view on Thaksin's situation and City's future? Have your say on the Vital MC Forums...


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Click here to join in the debate on the club forum.

Writer:Johnny Baguette
Date:Thursday July 31 2008
Time: 1:23PM

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Comments

0
this news is unbeliveable i was watching it today it was unreal i am gettin a little worried lads and ladies being honest
dunne deal
31/07/2008 13:40:00
0
Wardle and Mackintosh have already done one this summer. The whole Svengate story and what led to it is sure to come out and you can't help but wonder what impact the City owner's situation in Thailand has had upon the running of the club and it's financial commitments.
Johnny Baguette
31/07/2008 14:09:00
0
Ah don't worry, Gary Cook will sort it if the owner gets sent down!
mcfcthriller
31/07/2008 14:21:00
0
That's why there was a delay in the Hughes deal....The Rovers wanted the compensation up front as everyone in the game in this country knows the likely probability of City defaulting on deals. Those who have sold players to the club recently (and agreed on instalments for repayment) will soon be regretting their lack of foresight.
Dzijovic
31/07/2008 14:22:00
0
This could be a seismic few months. Never a dull moment as Tudor says!!
Johnny Baguette
31/07/2008 14:56:00
0
Political kangeroo courts.
storagematt
31/07/2008 15:22:00
0
There's talk across the 'net is of a potential Leeds style meltdown at City if Thaksin goes down. Based on: The FA acting on Fit and Proper person rules after conviction, subsequent financial investigation and City copping for a major points deduction and relegation. So that's the nightmare scenario out of the way then!
Johnny Baguette
31/07/2008 17:19:00
0
Is the Pojaman outcome quicker than we expected and is there a possibility that an outcome for Frank will be quick also? I've got this picture in my head where Cook visits Frank in jail and discusses City's future via a telephone, looking at each other through a glass partition. I wonder what Hughes and Cook are thinking now?
Barney Daniels
31/07/2008 18:49:00
0
That he went home to Thailand too soon.
Buzz Lightyear
31/07/2008 18:52:00
0
Whatever happens, it's always the fans that suffer.
storagematt
31/07/2008 20:51:00
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