UK time is: 15:24:50
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

Jovetic Takes Chance To Impress (Monday July 28 2014)

City Not Feeling Charitable (Sunday July 27 2014)

City Win Meeting Of Champions (Thursday July 24 2014)

Negredo Undergoes Surgery (Wednesday July 23 2014)

U21 Game Cancelled - Club Statement (Wednesday July 23 2014)

Negredo Replacement Targeted (Wednesday July 23 2014)

Youngster Exits And Youngsters Exit! (Wednesday July 23 2014)

Negredo Busts His Metatarsal (Monday July 21 2014)

City Head Out For US Tour (Monday July 21 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. Buzz Lightyear 220
2. Bluedub 135
3. fifthcolumnblue 99
4. kennyclementstache 83
5. Skoorb 82
6. citizhun 76
7. rojo2010 69
8. Spooks 57
9. BamaEngineer 52
10. johnkelv 45

League Results (view all)

Latest Results

League Table (view table)

Team P W D L GD Pts
7. Hull City 0 0 0 0 0 0
8. Leicester City 0 0 0 0 0 0
9. Liverpool 0 0 0 0 0 0
10. Man City 0 0 0 0 0 0
11. Man Utd 0 0 0 0 0 0
12. Newcastle 0 0 0 0 0 0
13. Q.P.R. 0 0 0 0 0 0

Breaking League News

Rodriguez Deal Moves A Little Closer.
Sunderland : 28/07/2014 13:24:00
Oxley Loaned To Hibernian
Hull City : 28/07/2014 13:02:00
Strootman Valued at 100 million
Man Utd : 28/07/2014 13:00:00
Herrera Praise!
Man Utd : 28/07/2014 12:59:00
Rafael Returns Home
Man Utd : 28/07/2014 12:58:00

Current Site Poll (view all polls)

Player of the Year?
Suggested By:  Site Staff
David Silva 9%
Pablo Zabaleta 42%
Edin Dzeko 5%
Yaya Toure 44%