UK time is: 17:45:25
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Shinawatra's Frozen Assets Close To Being Released

Manchester City owner and ex Thailand Prime Minister Thaksin Shinawatra's 800million fortune, currently frozen in Thai bank accounts is close to being released, according to the AFP news wires.

Thai prosecutors on Monday asked the Supreme Court to decide whether $2.2 billion of frozen money belonging to ousted premier Thaksin Shinawatra's family could be seized by the STATE.

The Supreme Court will now have to set up a team of judges to decide whether they will take the case. No time frame was given.

Cash Flow

Reports suggest Dr Thaksin is in negotiations with an Arab consortium, with the initial plan of injecting cash into Manchester City FC, however it appears the same consortium, who are worth billions of pounds are interested in buying the club, lock, stock and barrel.

No names or consortium details have yet been released.

Although Shinawatra still has a few quid tucked away just in case of a rainy day, the lure of available cash might just tempt the Thai to part company with City, once and for all.

City fans can prepare themselves for another season's roller-coaster ride, not only on, but off the field as well.

Visit our forums now and see what Manchester City fans are saying.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



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

The journalist

Writer: Tudor Mail feedback, articles or suggestions

Date:Monday August 25 2008

Time: 9:12AM

Your Comments

The name knocking around the continent after Man City is Sheikh Mohammed.
Johnny Baguette
One of the richest men in the world I do believe?
Tudor
Horses for courses no less! The thing is, any prospective buyer taking over City with shedloads of wealth needs to know that we have a chance here to create our OWN superstars. With the right experienced additions, there would be no need to spend like Chelski. City's potential is enormous. I for one am more concerned about what Cook wiill do or say next than anything else.
Johnny Baguette
If its anything like our courts, it could drag through for years and I don't expect a speedy verdict.
Buzz Lightyear
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Manchester City Articles

City Confirm Richards Departure (Monday September 1 2014)

Richards Gone, Negredo Next? (Monday September 1 2014)

Richards' City Career Almost Over (Monday September 1 2014)

Outgoings No Incomings (Monday September 1 2014)

Another Dramatic City Deadline Day? (Monday September 1 2014)

Transfer Deadline Day Live Blog (Monday September 1 2014)

Pellegrini - We Lacked Creativity (Saturday August 30 2014)

Stats: Manchester City v Stoke City (Saturday August 30 2014)

Archived Manchester City Articles

List All VMC Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. Skoorb 28
2. Bluedub 20
3. Johnny Baguette 17
4. PhillyBlueMoon 13
5. Buzz Lightyear 13
6. Spooks 12
7. fifthcolumnblue 11
8. citizhun 9
9. OziMan 9
10. rojo2010 8

League Results (view all)

Latest Results
Man City 0 - 1 Stoke
Man City 3 - 1 Liverpool
Newcastle 0 - 2 Man City

League Table (view table)

Team P W D L GD Pts
1. Chelsea 3 3 0 0 7 9
2. Swansea 3 3 0 0 5 9
3. Aston Villa 3 2 1 0 2 7
4. Man City 3 2 0 1 3 6
5. Liverpool 3 2 0 1 2 6
6. Spurs 3 2 0 1 2 6
7. Arsenal 3 1 2 0 1 5

Breaking League News

New 5 Year Deal for Cesar
Chelsea : 02/09/2014 17:43:00
Mane Deals Also Goes Through
Southampton : 02/09/2014 17:39:00
Vital United MOTM v Burnley (a)
Man Utd : 02/09/2014 17:35:00
Alderweireld Deal Confirmed
Southampton : 02/09/2014 17:34:00
Cleverley Does Join Villa
Man Utd : 02/09/2014 17:26:00

Current Site Poll (view all polls)

Who Will Be City's Top Scorer This Season?
Suggested By:  Derek Parlane
Negredo 12%
Jovetic 36%
Aguero 47%
Dzeko 5%