Liverpool FC Forum

[jymbojetset]

Looks like Thai bid is a dead duck!

http://msn.skysports.com/skysports/article/0,,1-1139853,00.html

[blind]

the board where very silly to dismiss Steve Morgans bid without knowing if the Thai bid had the funding in place.

now we look like a bunch of amatures.

where will Bennie's money come from for any squad improvements?
Cisse arives in a couple of weeks but after him will we have to sell before he can buy?

Just because Parry and Moores don't like shareing the power they have we are now left in the lurch

nice one

[anfieldadorer]

Liverpool, Friday June 18 2004

Thai Prime Minister Thaksin Shinawatra has given up on his efforts to buy a 30% stake in Liverpool.

Thaksin was hoping his government would fund the estimated £63million needed to invest in the Merseyside club through a state lottery, but public opinion scuppered those plans.

The Thai premier has now ended his interest in the Reds and has left it to the country's largest recording company, Grammy Entertainment to launch its own bid as he has been unable to raise the necessary funds.

Thaksin admitted: "The government cannot pursue the deal because it will not spend taxpayers' money.

"And problems arose with issuing a lottery to raise funds that people considered to be gambling."

"I don't know how we could raise the money, so we're letting the private sector take over."

[daddyo]

Jus read that on Sky sports. Sounds ominous.
I wonder where that leaves us? I say that because with all the player power we are being subject to recently, an Stevie G's own declaration that if we don't sign decent players then he's off, the collapse of the Thai deal leaves the board with a major headache.

We already know that they have knocked Morgan back so what do they do now?
Do they wait and see whether the Thai's can actually rescue this ailing bid or do they do the unthinkable (from their point of view) and go cap in hand back to Mr.Morgan and ask him for his money?

Could you imagine how that would make us look?
I think we would be a laughing stock.

We are within one of the most crucial, important periods of this clubs history (manager change,Owen and Gerrard uncertaincy,potential new ground and the investment issue) all of which in one way or another will influence each other.
For example, if Owen (and, or Gerrard) leaves, will the new manager get the money to re-invest in the team or will some of it be put aside for the new ground?

How will things shape up re: the invesment issue? What if the board (have to) go back to Morgan and he says "No thanks, you had your chance." What happens then?

I think the Euro Champs. have taken a lot of the focus off what is happening within our club, and I se that as no bad thing.
Can you imagine the pressure the board would be under with the glare of the media focused upon LFC and all its happenings?

Its close season and little enough happens historically at this time, so this would be major news for them now.

I think we're kinda a little lucky in that respect, but it will be an interesting next couple of weeks.

[Paul C]

Que Steve Morgan................... 

[anfieldadorer]

Thai mogul set for Liverpool talks

BANGKOK, June 18 (Reuters)

Thai media mogul Paiboon Damrongchaitham will fly to England this weekend to discuss buying a 30 percent stake in Liverpool, his spokesman said on Friday.
'There will be a lot of negotiations involved and we are unsure when the deal will be signed. We have to wait for him to come back,' a Grammy spokesman said.

Paiboon is putting together a consortium and his bid replaces that of Thai Prime Minister Thaksin Shinawatra who confirmed on Friday his government had pulled out of talks.

'It's not over yet and the talks still continue, only that the private sector will now carry on the process. The government just passed the baton to the private sector,' Thaksin told reporters.

Thaksin had spearheaded negotiations with the premier league club since May, but critics slammed the 4.6 billion baht ($112 million) bid after it emerged he planned to use state money rather than his personal fortune.

The prime minister did not comment on the state of the talks but media reports have suggested Liverpool, seeking cash to buy players to rival Manchester United and Arsenal, had balked at Thai demands for more than one seat on the club's board.

Paiboon, chairman of Thailand's biggest music firm, GMM Grammy, has said the private consortium could spend up to five billion baht to buy the stake in Liverpool.

A holding company would manage the Liverpool stake, oversee the marketing and licensing of the club's brand, set up a soccer school and new domestic league.

The list of potential partners included Thai Beverages, led by one of the country's richest men in Charoen Sirivadhanabhakdi, which said the proposal was being considered.

Paiboon has said consortium partners could kick in three billion baht, with another two billion baht raised by selling shares to the public at 100 baht per share.

[ivor_the_injun]

I said from the off that neither of the bids would actually come to anything.

As for where that leaves us in terms of transfer funds, I seem to remember something about a £30m "war chest".

[Paul C]

Not another asian muppet wasting our time, just hope this bloke isn't a mafia related dodgy b£stard like the Shinawatra is.