Thaksin holds talks to take over Crystal Palace

Thaksin holds talks to take over Crystal Palace

Crystal Palace mascot gestures to fans after the match against Bournemouth on Sunday. (Reuters photo)
Crystal Palace mascot gestures to fans after the match against Bournemouth on Sunday. (Reuters photo)

Former prime minister Thaksin Shinawatra is in talks with Crystal Palace for a possible takeover of the English Premier League club, his close associate confirmed on Monday.

Miti Tiyapairat, ex-president of Thai League 1 club Chiangrai United, told ONE 31 channel: "Currently, there are negotiations about price, management, and some other details, which should be ironed out soon. The deal is about £150 million."

Earlier reports claimed Miti would become an executive at the London club if the takeover bid succeeds.

"I'm up for the task," quoted Miti as telling the TV station.

"It's been my profession since I worked in management at Chiangrai United, although it is obviously a challenging role. They're in another class, another standard, but it would still be a pleasure for me, and for Thais, to own a world-class football club."

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

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.

Thaksin will be hoping that similar foundations for success can be laid should he take control at Palace, reported.

He certainly boasts the personal wealth to make the Eagles more competitive in the English top-flight, it said.

Do you like the content of this article?

Rape victim's death fuels more outrage in India

NEW DELHI: A 23-year-old rape victim set on fire by a gang of men, including her alleged rapists, has died in a New Delhi hospital, prompting protests from opposition leaders who blamed authorities for failing to curb violence against women.


More heads roll over Harley smuggling in Indonesia

JAKARTA: The flag carrier Garuda Indonesia is suspending directors linked to the alleged smuggling of a Harley Davidson motorcycle by its chief executive, the airline’s chief commissioner said on Saturday.


Family of Myanmar insurgency leader detained in Thailand

Thai authorities confirm that they have detained the wife and children of a top commander of the Arakan Army, an insurgent group who are fighting for greater autonomy in Rakhine state in northwestern Myanmar.