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No Board Position For Thaksin Shinawatra

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Former Manchester City owner Thaksin Shinawatra has lost his place on the new look City board.

New board members include Khaldoon Al Mubarak, Chairman of the Board and Martin L Edelman, who specialises in complex property transactions.

By all accounts, Mr Edelman is expected to negotiate the purchase of the City of Manchester Stadium from the Council, plus, set in motion the proposed 300m development of land at Sportcity. The remaining members include Simon Pearce and Victor Restis.

Garry Cook, who remains the Executive Chairman told the official Manchester City website...

'We welcome the new Chairman and Board members to the Club, following the change in ownership. The new Board marks the start of an incredibly exciting era for Manchester City and its fans.'

'The Board and the executive team that we are building will be worthy of the heritage and potential of Manchester City Football Club.'

'As Sheikh Mansour said on September 23rd, we are currently in a period in which we are reviewing the Club's operations and structures, with the clear intention to bring in more of the very best people to serve the club. Further announcements will be made in due course.'

'I'd like to take this opportunity on behalf of everyone at Manchester City to thank all of the outgoing members of the Board for their work.'


It is unclear whether Frank, who made a small fortune when he sold the club to the Abu Dhabi United Group, will be offered an honorary title at City.






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The journalist

Writer: Tudor Mail feedback, articles or suggestions

Date:Tuesday October 14 2008

Time: 9:01PM

Your Comments (oldest first)

Change to most recent first
I am sure he will have some position whether it be honorary or not. Does he still have a 10% holding in the Club ???
alphieblues
Report Abuse
14/10/2008 21:07:00

I am fairly sure he does, yes.
Tudor
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14/10/2008 21:11:00

Look on City website... Franks a honorary...
mcfcthriller
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14/10/2008 21:16:00

He's Honorary President, but that position doesn't give him a place on the board. So I've read, Victor Resdis is his appointment to represent his interests - he does still have a 10% share.
Falastur
Report Abuse
14/10/2008 21:18:00

Either way, he'll always be remembered for playing an integral part in turning this club's fortunes around. Frank - we salute you!
oliverblue
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14/10/2008 22:06:00

....yes...well done Frank.....you put us on the right road.....the road that has turned into a golden road..... "saluting"
lincolnblue
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15/10/2008 08:39:00

Dr Thaksin probably has enough on his plate what with all the legal issues he and his family are facing in Thailand. He said he didn't want any of this to reflect on Manchester City. As honorary president the pressure is off him -- and the club. Being "on the board" would mean very little anyway, it is ownership that really matters.
Sindbad
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15/10/2008 09:51:00

He still has followers in Thailand, I suspect the 10% makes himstill part owner of the Club, which will go down well in his own Country.
Buzz Lightyear
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15/10/2008 19:18:00

he's an exploiter who failed, his human rights record is appalling - get rid!
merlin
Report Abuse
15/10/2008 19:48:00

Merlin -- Dr Thaksin Shinawatra owns 10% of Manchester City and that is the truth. Abramovich, though, is a saint who has avoided eating any animal produce for years and has subsisted in a cave on a snowbound mountain. He has survived by licking moisture, minerals and algae off the walls of his cell for years. He is absolved of all criticism because he has actually risen above worldy motives. It is clear to the world that there have never been any oil dealings in Siberia which are less than saintly. The Russian Mafia is just a monster we can use to frighten our children. Apparently even Bull***** smells good at Stamford Bridge!
Sindbad
Report Abuse
16/10/2008 01:31:00

ah well...back to the good old banter
lincolnblue
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16/10/2008 17:51:00

He need his time to deal with his legal problems. He is a bit "thai-ed" up currently to really focus on the affairs of City.
ArabianKnight
Report Abuse
17/10/2008 00:29:00

Has Frank stil got that 10%. There was talk knocking about that he'd been bought out completely.
Johnny Baguette
Report Abuse
17/10/2008 06:27:00

JB, rich people always get their 10%...
Sindbad
Report Abuse
17/10/2008 22:04:00

 

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