City Chase £80 million Investment....The People

[allan harper]

And another!

 

[CityPar]

http://www.people.co.uk/sport/football/ ... _page.html

Man City chase £80m deal
By Alan Nixon
Manchester City owner Thaksin Shinawatra hopes to raise £80MILLION by selling a fraction of his club.

In the latest twist at crisis-hit Eastlands, the former Thai leader has instructed financial firms around the world to find him a partner willing to take between a 10 and 15 per cent stake.

Brokers Axiom Partners, for example, are looking for takers in the U.S.

Shinawatra does not want to give up power at City but the freezing of his assets has caused major problems while he fights corruption charges.
City executive chairman Garry Cook and Shinawatra's advisers are looking everywhere to raise money.

But as one would-be investor said: "The package values Manchester City at over £500million, which makes no sense at all."


Any info on this URG?

Cheers

Crisis hit Eastlands? I don't think so. This is an OLD article (original article was in late summer when Thaskin was prepared to give up 10% for cash and still control the club) regurgitated by The People because Thaksin is now trying to get rid of the REMAINDER of his shares which is about a 10% stake. They've NOT done a good job on this story - another reason never to read this pish.

 

[Project Rain]

http://www.people.co.uk/sport/football/ ... _page.html

Man City chase £80m deal
By Alan Nixon
Manchester City owner Thaksin Shinawatra hopes to raise £80MILLION by selling a fraction of his club.

In the latest twist at crisis-hit Eastlands, the former Thai leader has instructed financial firms around the world to find him a partner willing to take between a 10 and 15 per cent stake.

Brokers Axiom Partners, for example, are looking for takers in the U.S.

Shinawatra does not want to give up power at City but the freezing of his assets has caused major problems while he fights corruption charges.
City executive chairman Garry Cook and Shinawatra's advisers are looking everywhere to raise money.

But as one would-be investor said: "The package values Manchester City at over £500million, which makes no sense at all."


Any info on this URG?

Cheers

Crisis hit Eastlands? I don't think so. This is an OLD article (original article was in late summer when Thaskin was prepared to give up 10% for cash and still control the club) regurgitated by The People because Thaksin is now trying to get rid of the REMAINDER of his shares which is about a 10% stake. They've NOT done a good job on this story - another reason never to read this pish.

Read the date first.