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Thaksin holds talks to take over Crystal Palace

Thaksin holds talks to take over Crystal Palace

LONDON: Former prime minister Thaksin Shinawatra is in talks with Crystal Palace for a possible takeover of the English Premier League club, his close associate confirmed on Monday.

By Bangkok Post

Tuesday 14 May 2019, 09:30AM

Former prime minister Thaksin Shinawatra. Photo: AFP

Former prime minister Thaksin Shinawatra. Photo: AFP

Miti Tiyapairat, ex-president of Thai League 1 club Chiangrai United, told ONE 31 channel: “Currently, there are negotiations about price, management, and some other details, which should be ironed out soon. The deal is about £150 million (B6.14 billion)”

Earlier reports claimed Miti would become an executive at the London club if the takeover bid succeeds.

I’m up for the task,” quoted Miti as telling the TV station.

It’s been my profession since I worked in management at Chiangrai United, although it is obviously a challenging role. They’re in another class, another standard, but it would still be a pleasure for me, and for Thais, to own a world-class football club.”

Thaksin, whose government was ousted in a coup in 2006, bought Manchester City in 2007 but sold the club to Sheikh Mansour in 2008.

City have gone from strength to strength since then and won their fourth league title under Sheikh Mansour on Sunday.

Before he took over Manchester City, Thaksin had attempted to purchase Fulham and Liverpool.

Thaksin will be hoping that similar foundations for success can be laid should he take control at Palace, reported.

He certainly boasts the personal wealth to make the Eagles more competitive in the English top-flight, it said.


Read original story here.

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Kurt | 14 May 2019 - 19:21:54

Not talking politics, but mr Thaksin has international wise spoken no criminal records. ( only in Thailand) Mr Thaksin has worldwide accepted  investments. This football club can become one of them. Why not?  Was the Thalang area Village Head not owning a football club, while his beaches are the dirtiest and most polluted on Phuket island? 

Shwe | 14 May 2019 - 09:51:04

was he not banned from owning a football club because of his criminal record? Which is why he was forced to sell Man City

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