Manchester City Wants To See "colour Of Thaksin's Money"

[Mid]

Doyle insists City fans will not be concerned with the charges of corruption being levelled at Shinawatra back in Thailand.

He said: "If you believe only half of what's been written about him, Shinawatra isn't normally the kind of man you'd want to buy your football team, but I don't think there is a City fan who will care as long as he puts a winning team on the pitch.

cite

Humanity is in trouble .....................

[hammered]

Sadly, this incident will just fuel the already sensationalist foreign crap press regarding Thailand. Corrupt leaders, a nation that welcomes the John Mark Carr foreign peodophiles of the world to teach in its primary schools, and where every girl is a prostitute waiting to happen.

Whatever sells papers.

Ever since Abramovich bought Chelsea the British media have been looking for a dodgy foreign owner to take apart. The bland corporate purchasers of Man U and Liverpool using borrowed money was not the anwer. The Icelandic billions that bough West Ham was too straigth. Now in Mr. Thaksin they may have someone to pursue. Dodgy money, corruption, hman rights abuses, interesting son. There is an opportunity for some tabloid journalist to enjoy this one.

[Mid]

Thaksin money 'clean' says Harris

Sunday, 24 June 2007, 10:21 GMT 11:21 UK

The man who brokered former Thai PM Thaksin Shinawatra's £81.6m takeover bid for Manchester City insists the deal is completely above board.

Thailand authorities are set to investigate the source of the funds behind Thaksin's offer.

But Keith Harris, executive chairman of Seymour Pierce Investment Bank, told BBC Five Live's Sportsweek programme: "The money to buy Man City is clean.

"It has been legitimately and transparently transferred to the UK."

Thaksin, who lodged a formal offer for City on 21 June, is facing corruption charges in Thailand over a property deal and has had £830m of his assets frozen.

And Thailand's finance minister Chalongphob Sussangkarn says there is also a 'mystery' over how Thaksin has funded his bid for City.

"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"

Keith Harris

BBC SPORT

[BigSnake]

Go for it big guy, maybe it will keep you out of Thailand for awhile. Let things get back to Normal, if there is such a thing that is normal for the land of SMILES.

[Tony Clifton]

Thaksin money 'clean' says Harris

Sunday, 24 June 2007, 10:21 GMT 11:21 UK

The man who brokered former Thai PM Thaksin Shinawatra's £81.6m takeover bid for Manchester City insists the deal is completely above board.

Thailand authorities are set to investigate the source of the funds behind Thaksin's offer.

But Keith Harris, executive chairman of Seymour Pierce Investment Bank, told BBC Five Live's Sportsweek programme: "The money to buy Man City is clean.

"It has been legitimately and transparently transferred to the UK."

Thaksin, who lodged a formal offer for City on 21 June, is facing corruption charges in Thailand over a property deal and has had £830m of his assets frozen.

And Thailand's finance minister Chalongphob Sussangkarn says there is also a 'mystery' over how Thaksin has funded his bid for City.

"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"

Keith Harris

BBC SPORT

legitimately and transparently transferred to the UK, yeah but from where??? Directly from Thailand? Why don't they say that to convince everyone?

Maybe transfered transparently from the BVI or whatever other stash he is know to have.

[bkkandrew]

Keith Harris. Didn't he do some tricks with a green bird called Orville?

[Jai Dee]

Thaksin's Man City deal is clean : UK broker

London - Former Thai Prime Minister Thaksin Shinawatra's takeover bid for the Manchester City Football Club was completely above board, said the deal's broker on Sunday.

Beijing-based Xinhua online reported Thaksin has agreed to an 81.6-million-pound deal to buy the soccer club while Thai authorities are set to investigate the source of the funds behind his offer.

The online quoted Keith Harris, executive chairman of Seymour Pierce Investment Bank, as telling BBC Five Live's Sportsweek program on Sunday that the money to buy Man City is "clean."

"It has been legitimately and transparently transferred to the UK," he said.

Earlier this month Thaksin's bank accounts in Thailand were frozen following an investigation into corruption.

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," he 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.

According to Xinhua, Thai Finance Minister Chalongphob Susangkornkarn, speaking on the sidelines of the World Economic Forum on East Asia conference in Singapore, promised to uncover the truth.

"I am sure Thailand's Asset Examination Commission will look atthe source of these funds and try to see whether they are legal funds that were taken out or by other means," he said.

"If the deal for City goes ahead and the money is paid they will try to look at it. We don't know yet how he is going to finance it. We won't know until the deal is finalized.

Source: The Nation - 25 June 2007

[Mid]

interesting that some are so sure it's clean ,

given they don't yet know where the money is coming from ............

[chinthee]

Off topic a bit, but as I understand from Thailand's perspective, the larger issue is not whether this particular hunk of cash was made legally or illegally, or comingled with ill gotten gains, but that as a public officer of the highest office (similar to most democracies), he was legally obligated to reveal and report all his offshore or other accounts and that he did not, and in fact hid this money, and that this is itself a crime and further evidence of his corruption.

[hammered]

Off topic a bit, but as I understand from Thailand's perspective, the larger issue is not whether this particular hunk of cash was made legally or illegally, or comingled with ill gotten gains, but that as a public officer of the highest office (similar to most democracies), he was legally obligated to reveal and report all his offshore or other accounts and that he did not, and in fact hid this money, and that this is itself a crime and further evidence of his corruption.

I wouldnt doubt that the Thai authorities will be garnering any inforamtion they can from this purchase. After all the difficulty in bringing charges against Mr. Thaksin there would be a certain irony if he ended stitching himself up.

[Mid]

Off topic a bit, but as I understand from Thailand's perspective, the larger issue is not whether this particular hunk of cash was made legally or illegally, or comingled with ill gotten gains, but that as a public officer of the highest office (similar to most democracies), he was legally obligated to reveal and report all his offshore or other accounts and that he did not, and in fact hid this money, and that this is itself a crime and further evidence of his corruption.

no argument that t smells like 6 wk old fish .

it's the dancing around , trying to find the suitable issue to get him on ,

whilst

protecting others , that makes me ............

[Siripon]

The Thai Rath cartoon today took the mickey out of Noppadon's brandishing of the Manchester City Tshirt emblazened with a Thomas Cook logo.

In Thai คุก cook means prison.

[mrbojangles]

Of all the football teams in the world. Why does he have to pick on my club to buy. Apart from everything else, the word "Khrap" will soon get associated with us. Ooohps, me and my big mouth

[robint]

from my limited understanding of football high finance (and what Beckham told me)

81 million is a flea bite compared to the real amount of money Frank needs to spend on acquiring top class players in to rejuvenate the flagging fortunes of Man C

Wouldnt one expect some kind of business plan/budget and source of finance?

If I were an ongoing shareholder I would want to know this to be sure I was going to be fleeced by an asset stripper (about as popular as a frat in a lift)

but what do i know, look what my friend B got

Its all Krap isnt it

[Mid]

STOPPAGE TIME

The Brits can't say we didn't warn them

Tue, June 26, 2007 : Last updated 22:38 pm (Thai local time)

At least we have warned them. If Thaksin Shinawatra ditches Manchester City Football Club after a year in the event of, sorry, their relegation, or if a big business scandal breaks out at Manchester City over player transfers or "honest" accounting mistakes, at least we can tell the Britons: We told you so.

continues http://www.nationmultimedia.com/2007/06/27...on_30037896.php

[Mid]

THIS IS HOW IT FEELS TO BE CITY

By Editor Sunday 1st July 2007

Thailand reported to be seeking extradiction for Shinawatra if he does not return to his country.

The former Thai prime minister who is poised to buy Manchester City football club could be extradited from Britain to face corruption charges in his home country. The Thai embassy in London has confirmed that a warrant will be issued for the arrest of Thaksin Shinawatra if he refuses to return to Thailand.

The Sunday Times:

[sbk]

The Telegraph states his assets are being investigated and the offer hangs in the balance:

Thaksin's City bid in balance

By Tim Rich

Last Updated: 12:26am BST 30/06/2007

Have your say Read comments

In pics: Summer transfers

Football fans' forum

Thaksin Shinawatra's takeover of Manchester City and the return of Sven-Goran Eriksson to English football remains in the balance as investigations continue into the money the former Thai prime minister is using to buy the club.

Thaksin's City bid in doubt

Under scrutiny: Thaksin Shinawatra is being investigated

Unconfirmed reports in Thailand claimed that a "British law enforcement agency" had contacted Thailand's Anti-Money Laundering Office to ask what action they want taken on £150 million that Thaksin deposited in London banks after he was removed as prime minister in a military coup last September. The Thai government has already frozen a number of Thaksin's bank accounts in Thailand that collectively contain £1.1 billion, and it is this £150 million that Thaksin is using to invest in football.

The rest of the article can be found here

[Plus]

Thailand should mind its own business in this case - the most they can do for Man City is to warn them.

Thais know better than trust Thaksin when he claims innocence and purity. They've learned that laws and rules are there for a reason, and there are reasons for someone to break or bend them. If the English think the money is clean and Thaksin is a victim of a junta, they'll find out the truth soon enough on their own.

It will all end in tears anyway.

It will the swan song for Sven - one year without a job and the only offer on the table is from some dodgy third world fugitive for a job at the bottom dwelling club. From news reports it looks like he'd take anything at the moment if the money is right.

And if he can't turn City in a trophy winning, Eropeal level club in a year or two at most, his professional career will be over.

Does he have a plan? Does he have time to buy any worthwhile players and build a team? Next week training season starts, shopping is essentialy over, it's price haggling time now. Sven will be simply too late on the market.

Thaksin has decided to call all the shots himself, relying on his own advisors. Who are these people? What are the scopes of their advisory roles? Do they even have official positions in the club? What do they know about football? Do Man City fans know and trust them? What will happen in case of conflict between these shady people and the manager? Do they have any ground rules?

Just watch this disaster unfold over the next season.

[Mid]

Thaksin goes on the offensive

Prospective new Manchester City owner Thaksin Shinawatra has gone on the offensive against the Thai government and its agencies.

The former prime minister is furious at what he sees as an on-going attempt to discredit him and his family

TEAMtalk.com

and good morning Europe

[Tony Clifton]

I still say he'll end up sued by Man City and the U.K. govt. will intervene, the AMLO is already involved and not the last to do so.