Man City receives Thai takeover interest

28 Apr 2008

By: Sport Industry Group

Former Thai Prime Minister Thaksin Shinawatra is the latest name to be linked with a takeover bid for Manchester City.

Thaksin, who made an unsuccessful bid to buy Liverpool three years ago, has been granted access to the club's accounts and his advisers will carry out due diligence before reporting their findings to him.

Thaksin is believed to be preparing a £100m bid for the club which will outstrip that tabled by rival and former City player Ray Ranson last week.

The club is believed to favour the Thai entrepreneur’s bid over Ranson’s on both a monetary and logistical front.