Saturday, August 04, 2007

Thaksin Shinawatra's New Venture

After Thaksin Shinawatra's government has been thrown out by the armies back in Sept 2006, he being a shrewd businessman was fast in his next step.

His involvement in getting a majority shareholding in Manchester City has opened up lots of opportunity for Man City now. With Sven Goran Eriksson as the new manager in charge, new players are making their ways into the team. This is making the English Premier League more interesting.

Thaksin's purchase into Man City has been questioned earlier by the Thai government as to whether the monies used were legal and not laundered off from Thailand's coffer to elsewhere before being transferred to UK Sports Investments Ltd, the holding company of Man City now.
Tags: Sports, Football, Manchester City, Man City, Thaksin Shinawatra, Thai, Thailand, Money Laundering

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