Kata Rocks
THE PAVILIONS PHUKET BRITISH INTERNATIONAL SCHOOL, PHUKET Kata Rocks
Login | Create Account Poll Currency Weather Facebook Youtube Search

Crystal Palace deny takeover talks with Thaksin

LONDON: Crystal Palace are not in talks with former prime minister Thaksin Shinawatra for a possible takeover of the English Premier League club, according to the Evening Standard.

Thursday 16 May 2019, 09:41AM


Former Prime Minister, Thaksin Shinawatra. Photo: Bangkok Post

Former Prime Minister, Thaksin Shinawatra. Photo: Bangkok Post

However, Crystal Palace chairman Steve Parish is open to new outside investment, the London newspaper reported on Tuesday (May 14).

The paper, which did not name any source, said: “Standard Sport understands Parish, who is not looking to sell Palace, would listen to offers to help finance his ambitious plans. But despite reports, they have had no contact with Shinawatra.”

On Monday, Miti Tiyapairat, ex-president of Thai League 1 club Chiangrai United, told Thailand’s ONE31 channel, “Currently, there are negotiations about price, management, and some other details, which should be ironed out soon. The deal is about £150 million.”

According to reports, Miti, who is close to Thaksin, could become an executive at the Eagles if a takeover bid succeeds.

I’m up for the task,” he said.

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

Zest Real Estate

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.

According to the Evening Standard, Parish would be willing to enter negotiations with the right people as he looks to raise finance to boost Palace’s £100 million redevelopment of Selhurst Park and plans to revamp their academy, as well as support manager Roy Hodgson with transfer funds.

The Financial Times and Bloomberg have reported that American owners Josh Harris and David Blitzer, who have owned 18% of Palace since December 2015, are considering selling their stakes.

 

Read original story here.

 

 

Comment on this story

* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.

Comments Here:
Comments Left:
# Characters
Username:
Password:
E-mail:
Security:

Be the first to comment.

Have a news tip-off? Click here

 

Phuket community
Truck driver dodges charge for dangerous load as 33 tons of rice flip semi-trailer onto its side

.." He used canvas to cover the rice completely, so I didn't charge him".... Seems th...(Read More)


Phuket Police say investigation into Finnish girl’s death inconclusive

I hope that woman doesn't start digging out more old articles with that kind of boring subject....(Read More)


Marine Rangers: DMCR calls for volunteers to help protect marine treasures

'Before i volunteer tell me first..."You can't volunteer anyway as you would have to ge...(Read More)


Phuket braces for heavy weather, small boats advised to stay ashore

"Really people. Why always trashing the authorities? They don't control the weather! Touris...(Read More)


Phuket braces for heavy weather, small boats advised to stay ashore

This comment Really people. Why always trashing the authorities? They don't control the weather!...(Read More)


Motorcyclists seriously injured in U-turn collision

Urgent More traffic lights needed in order to make a save U-turns on Thepkrasattri Rd worry every ti...(Read More)


Marine Rangers: DMCR calls for volunteers to help protect marine treasures

I cannot imagine how a farang volunteer, even if you call him a ranger, will be able to do *anything...(Read More)


Motorcyclists seriously injured in U-turn collision

Maybe the hair was on the outside of the helmet?...(Read More)


Motorcyclists seriously injured in U-turn collision

There is not such thing as a 'deadly U-turn'. If straight going cars anticipate on U-turn t...(Read More)


Operators see potential in tourist tax

Of course Operators embrace the tourist tax. In practise, 50% for government, 50% for Operators. The...(Read More)