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.
Win FREE pizza with Vital Football!
Select your team and get 50% off if they score twice.
Best of Euro Vital
Barca - Messi - For Club & Country
Bayern - Kimmich`s in Demand
Best of Vital Network
Vital Boxing - Eubank Jnr in Goodwill Gesture
Vital Boxing - Tyson Attacks Olympic Games Plans
Vital F1 - 2016 Monaco GP - FP2
Login to post a comment
Recent Manchester City Articles
Ilkay Gundogan Agrees Personal Terms
Reports coming out of Germany suggest Ilkay Gundogan has agreed personal terms with Manchester City.
No More Quarter Final Replays For City
Should Manchester City progress through to an FA Cup quarter final from the 2016/17 season onwards, the game will no longer be subject to a replay.
Fabian Delph Out Of England Squad
Manchester City and England midfielder, Fabian Delph picked up a groin strain in training and will not feature in England's game against Australia later tonight.
Video Tribute: Manchester City 2008 - 2014
The days of Mark Hughes, Robinho and Roberto Mancini seem to me to be just a distant memory, so, in an effort to kick-start the memory banks, shall we rekindle one or two Manchester..
Archived VMC Articles
Current Poll (see more polls)
Recent Manchester City Results (view all)
Breaking League News
Vital Members League Table
|6.||Colin Is The King||189|