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.
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.
Best of Euro Vital
Best of Vital Network
Vital Boxing - Froch Not Sure About Groves!
Vital Boxing - Eubank Jnr Beats Doran with Ease
Login to post a comment
Recent Manchester City Articles
(Audio) Sturridge Defends & Admires Sterling
England teammate Daniel Sturridge says Manchester City's Raheem Sterling is one of the most talented players in the world.
Blue Moon Rising TV Latest
The lads over at YouTube channel, Blue Moon Rising TV bring Manchester City supporters the very latest news, views and opinions, and this week has been no different.
Are Players Set For A Football Exit?
With the country narrowly voting to leave the European Union in Thursday's Referendum, there are certainly plenty of real questions that have to be addressed in terms...
Details: Guardiola's First City Appearance
This Saturday and Sunday, 2 & 3 July, 2016, MCFC open up their doors of the City Football Academy for a breath-taking Cityzens Weekend.
Archived VMC Articles
Current Poll (see more polls)
Recent Manchester City Results (view all)
Breaking League News
Vital Members League Table
|1.||Colin Is The King||147|