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Thaksin Looking To Buy Manchester City For 6 Billion Baht


sriracha john

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City have to wait for Thaksin

Manchester City may have to wait up to three weeks for Thaksin Shinawatra's takeover of the club to be completed, giving the new regime little time to prepare for the new season.

According to Keith Harris, executive chairman of Seymour Pierce Investment and the intermediary in Thaksin's takeover, it could take up to 21 days for Thaksin to assume full control at Eastlands.

A new manager - possibly Sven-Goran Eriksson - is on the verge of being appointed with changes to the current squad needing to be addressed before the new Barclays Premier League season starts on August 11.

Thaksin has had more than 1billion pounds in assets frozen by the current Thai government as part of an investigation into corruption allegations, but Harris insists this poses no threat to the takeover.

"A number of his bank accounts have been frozen. Some of them are personal and some corporate," Harris told BBC Radio Five Live's Sportsweek programme.

"But the money used to finance the takeover and used to invest in the club are in bank accounts in England and beyond their (the Thai government's) reach.

"An offer document for the takeover bid will come out in the next couple of days.

"The takeover could be completed three days after that, or as long as 21 days after that."

Harris has also revealed there is a "fair chance" of Eriksson becoming the next Manchester City manager.

The former England boss apparently tops Thaksin's wish list to succeed Stuart Pearce if the former Thai prime minister's 81.6million pounds takeover bid at Eastlands succeeds.

But City have engaged in negotiations with alternatives to Eriksson in case the Swede rejects their approach and it is hoped a breakthrough will be made within the next two days.

"There is a fair chance that Eriksson will take the job and the important thing is that Eriksson is highly respected by England's players.

"They all hold him in high regard. Manchester City's academy has been successful in bringing through young England players, so it would knit well in that respect.

"Manchester City want to attract a high-quality manager who can in turn attract high quality players. Sven-Goran Eriksson is on the list of candidates but we don't know if he will accept, so it behoves anyone to think of alternatives.

"The good news is the alternatives have not been in the gush of publicity and there are talks going on with those others as well.

"But the important thing is that a good-quality manager is chosen and that a manager who wants the job takes it in the next couple of days."

City appear confident the new City boss will be Eriksson, with a City executive quoted telling Observer Sport: "Mr Eriksson will probably take the job but he is not sure if it is too soon for him to return to work in England after managing the international team. We think he will take the job and inform us early this week."

- itv.com

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Pity they haven't read this quote yet:

Chalongphob told journalists on the sidelines of an East Asian economic forum in Singapore that Thaksin, who already faces corruption charges in Bangkok, had declared no overseas assets when he was in power.

The minister said the funding for the 162.6 million-dollar bid for the English Premier League football club was a "mystery" to Thailand.

"I'm sure that the Assets Examination Committee will look at the source of his funds and will try to see whether they are legal funds that were taken out, or other means ...," said the Thai minister.

"A number of his bank accounts have been frozen. Some of them are personal and some corporate," Harris told BBC Radio Five Live's Sportsweek programme.

"But the money used to finance the takeover and used to invest in the club are in bank accounts in England and beyond their (the Thai government's) reach.

Guess the fact that the funds are out of reach of Thai authorities makes them clean enough?

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Pity they haven't read this quote yet:
Chalongphob told journalists on the sidelines of an East Asian economic forum in Singapore that Thaksin, who already faces corruption charges in Bangkok, had declared no overseas assets when he was in power.

The minister said the funding for the 162.6 million-dollar bid for the English Premier League football club was a "mystery" to Thailand.

"I'm sure that the Assets Examination Committee will look at the source of his funds and will try to see whether they are legal funds that were taken out, or other means ...," said the Thai minister.

"A number of his bank accounts have been frozen. Some of them are personal and some corporate," Harris told BBC Radio Five Live's Sportsweek programme.

"But the money used to finance the takeover and used to invest in the club are in bank accounts in England and beyond their (the Thai government's) reach.

Guess the fact that the funds are out of reach of Thai authorities makes them clean enough?

Come on we cant expect someone employed by Thailands earstwhile leader to say anything but they are clean. The Daily Mail are doing a number fo articles on this though they seem more upset by the human rights record of Mr. T

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Thaksin's Man City takeover could lead to review

The UK government will look at ways of strengthening English football's powers to regulate foreign ownership of clubs after the game's authorities asked ministers for help in monitoring the recent overseas takeovers, UK media reported Monday.

With Manchester City set to become the sixth Premiership club to fall into foreign hands, Premier League officials have requested more support from Government to investigate the backgrounds of prospective owners, the Telegraph online said.

Keith Harris, the deal's broker, executive chairman of Seymour Pierce Investment Bank, told BBC Five Live's Sportsweek program that the money to buy Man City is "clean."

Thai government said said Thaksin's latest venture was a "mystery" since Thaksin was required by law to declare all his assets during his time as prime minister.

None of the declarations disclosed any foreign assets, according to the Thai government.

But Harris insisted the charges back in Thailand would have nothing to do with Thaksin's bid for the Premier League club.

"He was the Prime Minister there and was exceptionally popular. He was also a successful businessman," Harris said.

"A number of bank accounts in Thailand, some personal and some corporate, have been frozen. But the money that has been used to finance the takeover and which will then be used to invest in the club is in English bank accounts and beyond their reach," he added.

- The Nation

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Thaksin's Man City takeover could lead to review

The UK government will look at ways of strengthening English football's powers to regulate foreign ownership of clubs after the game's authorities asked ministers for help in monitoring the recent overseas takeovers, UK media reported Monday.

With Manchester City set to become the sixth Premiership club to fall into foreign hands, Premier League officials have requested more support from Government to investigate the backgrounds of prospective owners, the Telegraph online said.

Keith Harris, the deal's broker, executive chairman of Seymour Pierce Investment Bank, told BBC Five Live's Sportsweek program that the money to buy Man City is "clean."

Thai government said said Thaksin's latest venture was a "mystery" since Thaksin was required by law to declare all his assets during his time as prime minister.

None of the declarations disclosed any foreign assets, according to the Thai government.

But Harris insisted the charges back in Thailand would have nothing to do with Thaksin's bid for the Premier League club.

"He was the Prime Minister there and was exceptionally popular. He was also a successful businessman," Harris said.

"A number of bank accounts in Thailand, some personal and some corporate, have been frozen. But the money that has been used to finance the takeover and which will then be used to invest in the club is in English bank accounts and beyond their reach," he added.

- The Nation

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here's the headline we've been waiting for

CABORN TO DISCUSS FOREIGN OWNERSHIP

Sports minister Richard Caborn has called a summit meeting of football's leaders in a bid to prevent the Premier League becoming "a billionaire's playground" for foreign owners.

Caborn has organised a meeting involving himself, Treasury officials, Premier League chief executive Richard Scudamore and chairman Sir Dave Richards, FA chief executive Brian Barwick and Football League chairman Lord Mawhinney for talks on the increasing number top-flight clubs in foreign hands.

football365.com

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Eriksson edges nearer to taking City job after talks

Sven Goran Eriksson is on the brink of becoming the new manager of Manchester City following further contract negotiations with the club's prospective owner, Thaksin Shinawatra, yesterday.

The former England manager met Thaksin and his advisors in London to discuss the financial terms of a three-year contract offer, impending transfer targets and the make-up of Eriksson's potential back-room team at the City of Manchester Stadium.

Though no official announcement materialised, and the former Thai prime minister had originally requested an answer from his leading managerial candidate last weekend, an indication of the success of their talks arrived last night when City asked the Swedish FA for permission to offer their head coach's position to Roland Andersson.

Andersson is currently No 2 to Lars Lagerback, the Swedish national coach, and has been identified by Eriksson as a key part of his coaching team at City. A title-winning manager with Malmo in Sweden, the 57-year-old has also enjoyed success as a coach in Qatar, Dubai and Switzerland and has worked with Eriksson before, as a scout for England during the 2004 European Championships in Portugal.

The approach for Andersson marks a significant development in City's pursuit of Eriksson, who has been seeking an increase on Thaksin's offer of £2m-a-year plus substantial bonuses and whose appointment has been further complicated by the absence of his agent, Athole Still, from the preliminary negotiations.

Thaksin may not be in a position to formally appoint his manager until he has acquired 75 per cent of the club and can take the company off the stock exchange, a process that could take up to three weeks. But with pre-season training to begin next week and new signings an urgent priority, Eriksson could sign a preliminary agreement with the club that would implement his transfer strategy with immediate effect. Michael Owen and Nicolas Anelka are two of his early targets, while Mark Hughes and Seville's Juande Ramos remain Thaksin's back-up options in case of a U-turn from Eriksson.

The controversy over Thaksin's takeover and his investigation for corruption in Thailand reached Parliament yesterday, where he was branded "unsavoury" by Labour MP David Taylor in a debate on foreign ownership of clubs. Taylor, the MP for Leicestershire North West, asked in the Commons: "Will you say what protections, for instance, the Manchester City supporters have against the attentions of the unsavoury Thaksin Shinawatra or is it forever the fate of football fans to be fleeced by flaky foreign financiers?"

City defender and England Under-21 international Nedum Onuoha, meanwhile, has signed a new four-year contract with the club following his return from an impressive role in the European Championships.

Chief executive Alistair Mackintosh confirmed: "We had to wait until the under-21 tournament was over before the deal could be concluded. Nedum's contract extension re-affirms Manchester City's commitment to having a first team squad with the very best young, home-grown, talent."

- The Independent (UK)

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"There is a fair chance that Eriksson will take the job and the important thing is that Eriksson is highly respected by England's players.

An equally important thing could be that Eriksson will guarantee plenty press coverage of the club. They're all out for his head of course, but if anything Thaksin revels in controversy. It's truly a brilliant move.

I have total respect for Thaksin as a manager in business; Running a Premiership club is an almost perfect match, I think he'll do very well.

As for politics in Thailand, I think it would be good if a true successor to Thaksin's promise can be found. Someone to unite and galvanize the heartland and prepare an actual 'Economic Miracle' from which the whole country will benefit, not just the 'elite' who are trying to cement their position under 'Economic Sufficience'.. For them it's sufficient allright.

Of course Thaksin was never that person, though for sure he opened a lot of eyes as to how to be successful in politics, and the things that can be achieved in what were once (and perhaps still are) considered 'backward' regions of Thailand.

Edited by chanchao
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Man City: Sven must wait for Thaksin takeover

Manchester City insist they will only announce the appointment of a new manager once Thaksin Shinawatra's takeover of the club is completed.

Former England boss Sven-Goran Eriksson is believed to have agreed a three-year contract with City - but has yet to put pen to paper. Eriksson has sounded out Roland Andersson about becoming his assistant at Eastlands.

But City have attempted to play down rumours of Eriksson's impending arrival.

"The board notes the media speculation concerning the managerial position at the club," read a statement on their official website.

"Earlier today, UK Sports Investments Limited announced that the Offer Document in respect of its offer for the club was posted to shareholders.

"Discussions are on-going with managerial candidates and once the offer becomes or is declared unconditional in all respects, the club expects to announce the appointment of a new manager."

- tribalfootball.com

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Thai prosecutors threaten Thaksin bid

While Thaksin Shinawtra was clinching an agreement with new manager Sven-Goran Eriksson yesterday, Thai prosecutors were stepping up their efforts to derail his £81.6 million takeover bid for Manchester City by threatening to file for extradition over fraud charges.

Thaksin, ousted as Thai Prime Minister in a coup last September, has been ordered to return to Thailand by tomorrow to acknowledge criminal charges for failing to declare profits from the sale of his telecoms company Shin Corp in January. He is also facing allegations of tax evasion over a land sale he and his wife were involved with in 2003. Thaksin and his advisers claim the charges are politically motivated.

Yesterday Sunai Manomai-udom, the director-general of the Department of Special Investigation, said he was considering making a request to the British government if he fails to return to Bangkok to answer the allegations.

Although Thaksin's advisers are confident the British government will reject any such request, the latest move by the Thai military government could add to the growing concerns over his plans to take control of City.

Today the Sports Minister Richard Caborn will hold a summit meeting with Premier League chief executive Richard Scudamore, Football League chairman Brian Mawhinney and Football Association chief executive Brian Barwick on the rise in the clubs falling into foreign hands.

The Premier League have a fit and proper person test which would bar any prospective owner or director from being involved with one of their clubs if they are convicted of a number of white collar offences including fraud, false disclosure and tax evasion.

But there are serious questions over whether the League would recognise convictions handed out in his absence by the military junta in Thailand. Nevertheless, were Thaksin found guilty in his home country, the situation could still be embarrassing to the League.

DSI director-general Sunai said: "Thaksin might fight the extradition charge by arguing that he is a subject of political prosecution. He can argue that he is being unfairly treated.

"But his arguments would not stand because the DSI is pursuing a criminal case - not a political one."

- The Telegraph (UK)

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But there are serious questions over whether the League would recognise convictions handed out in his absence by the military junta in Thailand. Nevertheless, were Thaksin found guilty in his home country, the situation could still be embarrassing to the League.

I can assure you it would be embarrassing mostly to Thailand, if more embarrassment is even possible at this stage.

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No written request for money for Man City, says BoT

BANGKOK – The Bank of Thailand says it has received no written request from ousted prime minister Thaksin Shinawatra to shift funds out of Thailand for his purchase of the English premier league football club Manchester City.

Earlier, Noppadol Pattama, Mr. Thaksin's legal advisor, stated the money the ex-premier spent on purchasing Manchester City was transferred from Thailand with an acknowledgement by the central bank.

Suchart Sakkankosone, BoT's Exchange Control and Credit Department director, said the central bank database showed it had allowed the Shinawatra family to take money out of the country to buy property twice in the past three years.

First, the family sought a sum of money, which was not high, to acquire an apartment in the United Kingdom for Mr. Thaksin's eldest daughter Pinthongta, who is studying there.

Second, the family asked the central bank for a shift of around Bt400 million to purchase a house in the UK.

Should the Assets Examination Committee (AEC) or the Finance Ministry want the central bank to provide details and submit relevant documents on the money transfer, he said, it was ready to give full cooperation.

BoT allows a transfer of money out of the country through commercial banks in amounts not exceeding US$50 million or Bt1.75 billion per year per head for investment purposes and no more than $500,000 or Bt17.5 million per year per head for acquisition of property.

- MCOT

===========================

Is Noppadope lying yet again?!?

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Probably not - Central Bank doesn't keep recodrd older than three years.

That meeting of UK Sprt Minister and Premier League has been postponed, btw, acc to a footnone on footbal365.com.

It was called in reaction to an MP calling Thaksin "unsavoury" in parlament and raising questions about Premier League standards, I don't know how it is damaging Thailand's reputation at the moment.

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Despite the Head Honcho at Seymore Peirce reporting it on BBC radio 5, and me posting on this thread, no one seems to have picked up on the fact that Thaksin only has to part with 22 Million Pounds - not 82 Million.

This is a huge difference, and could well account for the fact that he probably sorted this amount of money outside Thailand some time back.

I also reported that Thaksin actually said in an interview that he may have to 'borrow some of money', even though the slimey turd from SP subsequently explained that this was a 'slip of Thaksin's tongue' (and we all know how good he is at making slips).

My guess is that he has some of the money overseas - maybe 20-30 million, (probably illegally transferred yonks ago) but not all of it.

If he's not careful, he will dig himself deeper and deeper in a hole of his own making - all because his ego won't allow him to fade away gracefully.

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We haven't seen the end of it for sure.

I was surprised that Thaksin publicly admitted to shifting billions of baht from Thailand - that won't go down well with Thais, I'm pretty sure they would declare this money as stolen from the country any time now. Perhaps he decided to close that chapter in his life for good and concentrate on fleecing Brits now.

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Shareholders have final say

THOUSANDS of City fans with shares in the club will decide whether Sven-Goran Eriksson will be the new manager.

The Swede, while agreeing in principle to lead the Blues into a new era, will only pen a deal once former Thai Prime Minister Thakson Shinawatra takes full control.

Shinawatra, who announced an £82m agreed takeover last week, yesterday posted his offer document to shareholders.

He needs investors holding 75 per cent of the club's shares to back his bid, which will allow him to de-list the company from the stock market, and then appoint the manager.

With major shareholders John Wardle, David Makin, the Boler family trust and former player Francis Lee already agreeing to the offer, Shinawatra now owns around 56 per cent of the shares.

To reach his 75 per cent threshold, he must persuade the other share-holders, including TV giant BSkyB, which owns 9.9 per cent, to support him.

If, as expected, BSkyB agrees to the 40p per share offer - a 77.8 per cent premium to the share price before it emerged that the club was in takeover talks - Shinawatra would have control of 65 per cent of the shares.

The remainder of City's shares - around 35 per cent of the stock - are held by private individuals, mostly fans.

A source close to the Shinawatra bid said: "When he gets to the 75 per cent threshold, Dr Thaksin will be able to apply to de-list the shares and he will be the de-facto chairman of City.

"He does not have full control yet and wants to make sure everything is water-tight before matters progress."

It is understood that the club's currrent board could appoint the new boss, but with Shinawatra about to take full ownership, this will not happen.

In a statement released in response to inaccurate reports that Eriksson had signed a contract, City chief executive Alistair Mackintosh said: "Once the offer becomes or is declared unconditional in all respects, the club expects to announce the appointment of a manager."

- Manchester Evening News

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Thaksinisrich.jpg

Billionaire Thaksin Shinawatra (demonstrating his expertise by explaining that he knows a football is round)

Thaksin eyes Man City club

Former prime minister Thaksin Shinawatra plans to buy an English Premiership football club, according to a local newspaper report.

The exiled Thaksin is reportedly ready to pay more than Bt6 billion for a stake in Manchester City.

The purchase is by Thaksin and partners in China and the Middle East, the report said.

Thaksin is on holiday and meeting with friends in the Middle East. This week he will return to China for meetings where the club purchase could be discussed, it added.

Thaksin's legal counsel Noppadon Pattama told The Nation he would discuss the report with his client when he returned to London.

He would neither confirm nor deny the report but said investment in England by Thaksin was possible.

"As soon as [Thaksin] finishes his vacation, I will ask him about it and hold a news conference," Noppadon said.

Thaksin has previously been linked with Wolverhampton Wanderers - an English Football League Championship side. During his time as prime minister, he floated the idea of buying into Liverpool and Fulham.

- The Nation

Expect a few PTV-TRT figures to accidentally be in China at the very same time and all will happen to get to bump into each other, as usual. Must be those lucky 1 baht amulets from Sanam Luang.

He could get pinched in China eventually with him frequently holding political meetings there.

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Thaksinisrich.jpg

Billionaire Thaksin Shinawatra (demonstrating his expertise by explaining that he knows a football is round)

Thaksin eyes Man City club

Former prime minister Thaksin Shinawatra plans to buy an English Premiership football club, according to a local newspaper report.

The exiled Thaksin is reportedly ready to pay more than Bt6 billion for a stake in Manchester City.

The purchase is by Thaksin and partners in China and the Middle East, the report said.

Thaksin is on holiday and meeting with friends in the Middle East. This week he will return to China for meetings where the club purchase could be discussed, it added.

Thaksin's legal counsel Noppadon Pattama told The Nation he would discuss the report with his client when he returned to London.

He would neither confirm nor deny the report but said investment in England by Thaksin was possible.

"As soon as [Thaksin] finishes his vacation, I will ask him about it and hold a news conference," Noppadon said.

Thaksin has previously been linked with Wolverhampton Wanderers - an English Football League Championship side. During his time as prime minister, he floated the idea of buying into Liverpool and Fulham.

- The Nation

Expect a few PTV-TRT figures to accidentally be in China at the very same time and all will happen to get to bump into each other, as usual. Must be those lucky 1 baht amulets from Sanam Luang.

He could get pinched in China eventually with him frequently holding political meetings there.

You know, you have an interesting point. China could grab him for Thailand without giving two hoots. It would be a cheap way to get a marker with the Thai military and military influenced leadership for years to come. His arrogance might lead him to believe they would never do that.

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Thaksinisrich.jpg

Billionaire Thaksin Shinawatra (demonstrating his expertise by explaining that he knows a football is round)

Thaksin eyes Man City club

Former prime minister Thaksin Shinawatra plans to buy an English Premiership football club, according to a local newspaper report.

The exiled Thaksin is reportedly ready to pay more than Bt6 billion for a stake in Manchester City.

The purchase is by Thaksin and partners in China and the Middle East, the report said.

Thaksin is on holiday and meeting with friends in the Middle East. This week he will return to China for meetings where the club purchase could be discussed, it added.

Thaksin's legal counsel Noppadon Pattama told The Nation he would discuss the report with his client when he returned to London.

He would neither confirm nor deny the report but said investment in England by Thaksin was possible.

"As soon as [Thaksin] finishes his vacation, I will ask him about it and hold a news conference," Noppadon said.

Thaksin has previously been linked with Wolverhampton Wanderers - an English Football League Championship side. During his time as prime minister, he floated the idea of buying into Liverpool and Fulham.

- The Nation

Expect a few PTV-TRT figures to accidentally be in China at the very same time and all will happen to get to bump into each other, as usual. Must be those lucky 1 baht amulets from Sanam Luang.

He could get pinched in China eventually with him frequently holding political meetings there.

You know, you have an interesting point. China could grab him for Thailand without giving two hoots. It would be a cheap way to get a marker with the Thai military and military influenced leadership for years to come. His arrogance might lead him to believe they would never do that.

On the other hand, this could have been part of the plan all along... :o
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Channel News Asia will have a segment tonight on Thaksin. 8:30pm, part of the INSIGHT program.

Meanwhile, back in the UK...

Exiled Thaksin has bank accounts in UK : Amlo

United Kingdom's anti-money laundry office has informed its Thai counterpart ousted prime minister Thaksin Shinawatra has several sizeable accounts in British banks.

The amount is reportedly said to be in the tens of millions of baht.

http://www.nationmultimedia.com/2007/06/27...es_30037938.php

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Thaksinisrich.jpg

Billionaire Thaksin Shinawatra (demonstrating his expertise by explaining that he knows a football is round)

Thaksin eyes Man City club

Former prime minister Thaksin Shinawatra plans to buy an English Premiership football club, according to a local newspaper report.

The exiled Thaksin is reportedly ready to pay more than Bt6 billion for a stake in Manchester City.

The purchase is by Thaksin and partners in China and the Middle East, the report said.

Thaksin is on holiday and meeting with friends in the Middle East. This week he will return to China for meetings where the club purchase could be discussed, it added.

Thaksin's legal counsel Noppadon Pattama told The Nation he would discuss the report with his client when he returned to London.

He would neither confirm nor deny the report but said investment in England by Thaksin was possible.

"As soon as [Thaksin] finishes his vacation, I will ask him about it and hold a news conference," Noppadon said.

Thaksin has previously been linked with Wolverhampton Wanderers - an English Football League Championship side. During his time as prime minister, he floated the idea of buying into Liverpool and Fulham.

- The Nation

Expect a few PTV-TRT figures to accidentally be in China at the very same time and all will happen to get to bump into each other, as usual. Must be those lucky 1 baht amulets from Sanam Luang.

He could get pinched in China eventually with him frequently holding political meetings there.

You know, you have an interesting point. China could grab him for Thailand without giving two hoots. It would be a cheap way to get a marker with the Thai military and military influenced leadership for years to come. His arrogance might lead him to believe they would never do that.

On the other hand, this could have been part of the plan all along... :o
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You know, one wonders if this will become a nervous cat and mouse game. It reminds me of Marc Rich, the oil trader billionaire, who was wanted on tax evasion in the US, and holed up in Zug, and several attempts were made to nab him on third country soil.

He was one slippery customer. Suspect Mr. T is too.

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I wish to share with you an email that i forwarded to My local M.P. Richard Caborn and although ido not take credit for his present actions, i am as always assured of his determination to question and find answers relating to all matters of an ethical nature where ever it is possible.

This is one of several i have sent to different institutions to submit my own personal concerns that while i realise i am not important, at least i am expressing my concerns and no just doing nothing.

Thank you for your email.

Please accept this response as confirmation that your email has been received.

We will look into your concerns carefully and will be in touch soon. We always

try to respond to emails in full within 20 working days, but if for any reason

we need longer, we will do our best to keep you up to date.

Thank you for contacting us.

Department for Culture, Media and Sport.

_____________________________________________________________________

This message has been checked for all known viruses by UUNET delivered

through the MessageLabs Virus Control Centre. For further information visit

http://www.uk.uu.net/products/security/virus/

From: <snip>

To: [email protected]

Subject: Attention of R. Caborn re.Manchester City

Sent: 27 June 2007 10:01:01

Dear Richard,

You are I know already making enquiries into the questionable ethics of the exiled ex P.M. and could I possibly ask that you consider not only his track record in Thailand and the ongoing corruption charges but most importantly his human rights record when he was in power.

Surely this man should not be allowed to become the majority owner of one of footballs premier clubs due to taking what I would consider actions not becoming not only of this establishment but the whole of the British way of life and our reputation as a country who champion H.Rights abuses across the globe.

It would seem to me to be hypocritical and indecent to allow such a take over while ongoing investigations are progressing.

I hope you are able to put some polite objections to this occurring until he is either cleared of all allegations in court ( he has now been indicted and is due to appear on several of these charges in the coming weeks, but has already refused to cooperate with the Thai authorities on flimsy excuses that have no truth what so ever in them.

His safety as a “ PUYAI “ are assured and as such he will be well protected by the way.

There is I can assure you much distress and concern that he is able to have such vast amounts of money in the U.K. and questions need answering on when he transferred the money and how he achieved such wealth considering all the corrupt practises he was oversear to as C.E.O. of the last government.

Most Thai,s are more than happy to have a temporary government in place and do not in any way question how they took on this role in the first instance.

You will I feel sure be well versed on the situation and will

( edited out due to possibly compromising Thai visa forum rules )

put a halt to the plundering of the Thai assets for personal gain and the disintegration of the Thai constitutions that were put in place to prevent their exploitation and protect the country from unethical practises.

Please can you at least put this take over on hold via the Premier League until all such accusations and charges are fully investigated in the courts of Thailand.

I fear our reputations are on the line and we will all live to regret the indecent haste on which this issue is progressing without any apparent considerations being made.

It would seem at the moment Football in particular is being constantly being taken into disrepute by foreign individuals who are being allowed to take over and control these clubs with money the only provisor and what,s disturbing is that no one seems to care how they came by it and at whose costs they have become indecently wealthy.

Many thanks for your much appreciated time and consideration.

Yours sincerely

Michael Evans

Football standards as far as the various institutions are concerned are now questionable beyond description and consequently open to all the greed and money laundering that has and is taking place.

This i base on the pathetic attempts to prove the monies are legitimate that they purchase their clubs with, and in Thaksins case prove i feel sure come from dishonest means in the present instance.

marshbags

P.S.

I will submit an article that is relevant to the topic and Thaksins wealth in the U.K.

Edited by Jai Dee
Email address deleted
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Edited by myself due to dual posting when i was given a forum flooding of activities warning on Thai visa.

marshbags

P.S. I note that now there is a facility to save the subject matter of our posts instead of loosing the material.

I used to copy material out of experience before but kudos to you all for providing this important facility for members who are not experienced posters, and ourselves of course.

Well Done Admin for including this for our benefits.

marshbag

Edited by marshbags
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Thu, June 28, 2007 : Last updated 0:21 am (Thai local time)

The Nation

Home > Headlines > Police in UK set sights on Bt10 bn

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THAKSIN'S ASSETS

Police in UK set sights on Bt10 bn

Thai authorities asked what they want to do about money in banks

British authorities have asked Thailand's Anti Money Laundering Office (AMLO) what action it wants them to take over Bt10 billion deposited in London bank accounts that belong to deposed prime minister Thaksin Shinawatra, a source said yesterday.

The unnamed British agency that investigates money laundering crimes also said Thaksin had another sum of money deposited in Switzerland, accor-ding to the source. AMLO has informed the Assets Exami-nation Committee (AEC) about the money and is waiting for the graft-busters' decision on action to be taken.

"The AMLO has been checking whether Thaksin used money gained from corruption in his Bt5.6-billion bid to take over Manchester City Football Club. If that is the case, the ownership of the football club must be questioned - whether it should actually belong to the country," Department of Special Investigations chief Sunai Manomai-udom said earlier this week.

AEC chairman Nam Yimyaem yesterday said the National Counter Corruption Commission can press assets concealment charges if Thaksin did not declare the Bt10 billion deposited in London banks.

"Under the NCCC law, political office holders have to declare all their assets no matter which country the assets are kept in,'' he said.

Nam said AMLO has full authority to take action without having to wait for the AEC's decision on whether they should check if the Bt10 billion, or any of Thaksin's money abroad, was ill-gained. He said the AEC focuses only on bank accounts that contain proceeds from the Shin Corp share sale.

Thaksin has been in self-imposed exile since being removed from power in last September's coup. The ousted premier and his family members face investigation and criminal charges over various alleged offences.

Apichart Thanomsap, a senior official at AMLO, confirmed the agency had been contacted. However, he refused to divulge any more information.

Assets Examination Committee spokesman Sak Korsaengruang said the panel was also waiting to receive a written report from AMLO about Thaksin's financial transactions. Thaksin is reported to have more than Bt10 billion overseas.

It remains unclear how he had transferred the money abroad.

Thaksin's lawyer, Noppadon Pattama, said: "It's not true. They are trying to discredit Thaksin. I insist that the former premier's money overseas amounts to less than Bt10 billion and the money is legal."

Noppadon was speaking after the AEC noted that the AMLO reported that the deposed premier had more than Bt10 billion in the UK and Switzerland.

AEC secretary Kaewsan Atibodhi was taken by surprise when reporters approached him about the information that had been leaked to reporters.

"You ask whoever leaked the news. It is a state secret. How can they leak such reports. It will be hard to work on this now,'' he said, while refusing to elaborate.

In a related development, Thaksin is set to raise his stake in Manchester City FC to 66 per cent by buying satellite TV giant BskyB's 9.9 per cent shareholding in the club, the Manchester Evening News reported yesterday.

That will put Thaksin within reach of the 75 per cent shareholding he needs to de-list the club from the London Stock Exchange, the newspaper reported on its website.

Meanwhile, UK sports minister Richard Caborn yesterday held talks with senior English football administrators to discuss concerns over the increase of foreign owners at top English clubs. This followed Thaksin's high-profile bid for Manchester City.

Caborn said after the meeting he wanted rules governing football club ownership constantly reviewed to protect links between local communities and their football clubs, according to BBC Sport.

"The meeting is not just about the Manchester City deal. The City deal has of course raised concerns, but this is just the latest in a growing trend," his spokesman was quoted as saying.

Meanwhile, UK sports minister Richard Caborn yesterday held talks with senior English football.

Budsarakham,

Sinlapalavan

The Nation

Unquote

I have been submitting text of this nature for a long time now and fell at last that the Mna. City affair has enforced the present reactions and concerns of many genuine U.K. football fans who like me are sick and tired of what it has turned into.

Sport in this case is a farce and the Gordon Taylors of the different intsitutions need to apply the sound judgement that they are supposed to inject into football in particular and not portray it as a cicus for the facilitation of MONEY without even asking how it was gained and if it is by fair and legitimate means.

marshbags

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I wish to share with you an email that i forwarded to My local M.P. Richard Caborn and although ido not take credit for his present actions, i am as always assured of his determination to question and find answers relating to all matters of an ethical nature where ever it is possible.

This is one of several i have sent to different institutions to submit my own personal concerns that while i realise i am not important, at least i am expressing my concerns and no just doing nothing.

Thank you for your email.

Please accept this response as confirmation that your email has been received.

We will look into your concerns carefully and will be in touch soon. We always

try to respond to emails in full within 20 working days, but if for any reason

we need longer, we will do our best to keep you up to date.

Thank you for contacting us.

Department for Culture, Media and Sport.

_____________________________________________________________________

This message has been checked for all known viruses by UUNET delivered

through the MessageLabs Virus Control Centre. For further information visit

http://www.uk.uu.net/products/security/virus/

From: <snip>

To: [email protected]

Subject: Attention of R. Caborn re.Manchester City

Sent: 27 June 2007 10:01:01

Thanks for your edit re the Email address J.D. :D:o

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Marshbag's Looks like you are self appointed Judge and Jury, nice democratic principles you support, your no better than the military Junta you support..

Many thanks for your kind observations, you i suppose would rather Thaksin continue plundering Thailand and eating all the assets up.

Democracy Thaksin style is dictatorial and thank god he is being investigated and not running a Thai society of the type he would has enforced on it,s citizens.

marshbags

P.S.

By the way democracy in the U.K. allows it,s citizens to voice their concerns and objections for which i am and always was a proud and individual part of.

:o

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