by SantaGiveHoullierTheSack » Wed May 12, 2004 12:44 pm
My understanding is that Thaksin only wants to buy ordinary shares, so he will have no say in the day-to-day running of the club but would expect a return on his investments by getting an academy set up in Thailand and getting merchandising rights in Asia where LFC is hugh. He has also demanded seats in the board but expect to have little influence other than the commercial side of things. For that I say let take his money...
OTOH, Steve Morgan is LFC thro and thro. He is putting his money where his heart is. H'ever, it seems that Moores will not dilute his board control to Steve, that much is clear. As a fan I would prefer Steve's investment but will that translate into boardroom infighting as pointed out by Leon above?
Q. Can we accept both the investments?
On the background of Thaksin, peewee above is mostly correct. Thanksin is seen more like a modern day PM compared to his predecessors. He has brought Thai's economy forward and they are one of the better performed economy in Asia. He has appeared to have put in much effort to stamp out the drug trade and corruption within the country. How much of that is politician talk is open for debate. The same is true on some of the way he gains his wealth. I don't think he is squeaky clean guy but show me a politician who is and I will show you a Biscan as a top defender. He is an absolute dictator in his country and this purchase is more for political gain than anything else, but who cares if that will bring millions of transfer funds to build our team and convert millions of Thais into LFC fanatics? Anyone here questioned Roman's fortune when he bought over Chelsea? We have bought foreign players, bring in foreign coaches, so a foreign investor into football clubs here should not come as a surprise to all.
Like I said above, let's take both their money to build a new stadium and a team to compete with the elites of Europe. As a fan, that's all I am looking forward to.