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Former Thailand PM lining up Manchester City bid |
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Thailand News Headlines
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Former Thailand prime minister Thaksin Shinawatra has been linked with a move to buy Manchester City.
Reports from the Far East claim Shinawatra, 57, is considering a £92.2 million bid for City and has backing from investors in China and the Middle East.
Under-fire chairman John Wardle is reportedly considering offers for the club with an American consortium expressing an interest in the Eastlands outfit.
Shinawatra's legal counsel, Noppadon Pattama, said he will respond to the speculation later this week.
"As soon as [Thaksin] finishes his vacation, I will ask him about it and hold a news conference," Pattama told The Nation newspaper.
Shinawatra is on holiday in the Middle East and will return to have meetings in China about purchasing City, according to reports.
In 2004, Shinawatra was linked with a 30 per cent stake in Liverpool but the deal fell through.
The former policeman is believed to have a fortune of around £560 million from Thailand's biggest communications group Shin Corp.
While he was in charge of the country, he was also linked with Fulham and Championship side Wolverhampton Wanderers.
Shinawatra was ousted from power by a military coup in Thailand in September last year after critics accused him of corruption and abusing his power.
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