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.
Login to post a comment
Best of International Vital
England - FA Cup Final Day - Live Stream
Best of Vital Network
Vital Boxing - Brook Fancies Spence Job
Vital Boxing - Ryan Walsh Successfully Defends British Title
Vital F1 - Mercedes refuse to introduce team orders
Recent Manchester City Articles
2016/17 Second Best Goal Return Ever
The Premier League season of 2016/17 didn't see a new goal record set in the top flight of football on Sunday, however the final day got extremely close.
Premier League 2016/17 Assist Kings (22/5/17)
With Sunday being the final day of the Premier League season of 2016/17, the Assist King Winner is now known.
Premier League 2016/17 Golden Boot Battle (22/5/17)
With Sunday being the final day of the Premier League season of 2016/17, the Golden Boot Winner is now known.
The Ped Report Watford 0-5 City
Champions League Secured
Archived VMC Articles
Current Poll (see more polls)
Recent Manchester City Results (view all)
Breaking League News
Vital Members League Table
|3.||Colin Is The King||212|