Colonel_Mustard, on 2008-09-01 18:28:53, said:
Me smells a rat here.
Nothing wrong with "selling" to a friend, and setting up a loan agreement on the back end. As per SHIN deal, whats on paper, and who really controls is not always clear.
#76Posted 2008-09-02 14:35:09
He'll still be our honorary club president. Me smells a rat here. Nothing wrong with "selling" to a friend, and setting up a loan agreement on the back end. As per SHIN deal, whats on paper, and who really controls is not always clear. #77Posted 2008-09-02 14:53:35
O.K. what about the taxes now - capital gains tax - would he be eligible for tax exemption as a foreign investor or as a unfairly treated ousted, impoverished prime minister of a third world country?
I think he bought for 80 mill and sold at 150 mill. read it somewhere...(sorry) #78Posted 2008-09-02 15:00:34
I think he bought for 80 mill and sold at 150 mill. read it somewhere...(sorry)
[/quote] Somehow i doubt it #79Posted 2008-09-02 16:06:56
He paid £81.6m, and reportedly will sell it for £200m. He invested at least £30m in players, and probably cleared debts etc, but he should have still made a tidy profit from this deal.
From reading football forums, most Man City fans are really happy today, the new owners are even richer than Abramovich, and seem more than willing to match his spending. #80Posted 2008-09-02 17:57:55
From reading football forums, most Man City fans are really happy today You bet your tiny cotton socks we're happy
the new owners are even richer than Abramovich, and seem more than willing to match his spending. I've read that they are about 10 times richer. #81Posted 2008-09-02 18:08:00
From reading football forums, most Man City fans are really happy today You bet your tiny cotton socks we're happy
the new owners are even richer than Abramovich, and seem more than willing to match his spending. I've read that they are about 10 times richer. Meanwhile I'll be dreaming that someone 10 times poorer than Abramovich buys my club whilst listening to the first round of the Johnson Paint Trophy later tonight ... Edited by konangrit, 2008-09-02 18:09:04. #82Posted 2008-09-02 20:27:10
Is Thaksin now finally going to do the charity thing for Thailand he promised a long time ago?
#83Posted 2008-09-02 20:29:30
The fans are happy? Wait til they hear the on site massage parlours have gone, oh and pork pies have been banned.
#84Posted 2008-09-02 21:00:23
The fans are happy? They probably will be: Arab billionaire Dr Sulaiman al-Fahim pledges £540million for Manchester City players By Paul Byrne 2/09/2008 The man behind yesterday's sensational takeover of Manchester City has given manager Mark Hughes just three years to win the Champions League. But billionaire Dr Sulaiman al-Fahim - frontman for a mega-rich Middle East business group - will hand over an astonishing £540million to bring the world's top stars to the under-achieving Premier League club to help achieve the quest. Sulaiman said in an exclusive interview that he wants to buy 18 new players - at a cost of £30million each. He added: "I need to meet the manager but the best players in the world average £30million. We need a minimum of 18 players at that level. "Without that you can't win the Champions League." Hughes (right) admitted he was "stunned and excited" by news of English football's latest big takeover. And within hours of agreeing the deal the club was trying to hijack Dimitar Berbatov's £30million move from Spurs to deadly rivals Manchester United. Sulaiman went on: "Our goal is very simple - to make Manchester City the biggest club in the Premier League. "We have to spend to get the world's best players . The club has everything it needs except really good players. It has good players but not excellent players who can really compete at the top. "To compete with Chelsea, Manchester United and Arsenal, you need good support from the board to finance players and support the manager. For this season our aim is to change the club's image and be in the top four. We want to win the Champions League in the near future. "We have to give that trophy to the fans. I'm hungry for success. I am very excited. It is my dream for our group to own a club like City."
Sulaiman_Al_Fahim.jpg 12.21K
2 downloadsSulaiman, a 31-year-old married father of three and property tycoon, plans to watch his first game at the City of Manchester Stadium when big-spending Chelsea visit on September 13. He added: "I hope the team play well on that day." The takeover was greeted with delight by City fans. Kevin Parker, of the official supporters' club, said: "Teams are looking for investors with deep pockets and it appears they have deep pockets. "In the past 30 years we haven't had any success and we're desperate to win a trophy." Sulaiman heads the Abu Dhabi United Group for Development and Investment, which has agreed to buy City for £150million from controversial chairman Thaksin Shinawatra. Backed by the Abu Dhabi royal family, the consortium is thought to be worth £120billion. Sulaiman said: "The UK has the best league in the world and the idea is that Abu Dhabi would like to position itself as a sports and cultural hub." Ex-Thai prime minister Shinawatra, 59, sold the club just 14 months after taking charge. He bought City for £80million, but plans to pump in millions more were foiled when almost £1billion of assets were frozen in Thailand. Together with his wife Potjaman, 51, who is on bail after being sentenced to jail for tax fraud, he is in exile in London. The freezing of his assets has caused City cash huge flow problems in recent weeks. Now Shinawatra is poised to step down as chairman and take a role as honorary president. Money will not be a problem for the new owners, based in the United Arab Emirates, which is the world's fifth-largest oil exporter. Flamboyant Sulaiman will sit on City's board under the deal, which was agreed on Sunday. The chief of Hydra Properties enjoys the company of film stars such as Demi Moore and Leonardo DiCaprio and has been described as the Arab world's answer to Donald Trump. He also hosts a reality TV show. ---Mirror Sport LaoPo #86Posted 2008-09-02 22:50:24
Hoping everyone remembers here.... it's your price-jacked petro dollars that are going to fund both the purchase and reported financial windfall/investment for the team. Glad the Abu Dhabi folks are finding something useful to do with the money that they and the rest of OPEC are draining every day from the world's coffers.
#87Posted 2008-09-02 22:57:14
The goal he gave to Mark Hughes might be indeed very ambitious but I suggest you do a bit of research on Dr Sulaiman al-Fahim and I don't think the man is a nutter, far from that, and I'm not even a fan of any Arab but one has to remain fair and you're not behaving fair. Sorry to say so. I'm happy for the Manchester United fans and that's what counts. LaoPo #88Posted 2008-09-02 23:33:28
The goal he gave to Mark Hughes might be indeed very ambitious but I suggest you do a bit of research on Dr Sulaiman al-Fahim and I don't think the man is a nutter, far from that, and I'm not even a fan of any Arab but one has to remain fair and you're not behaving fair. Sorry to say so. I'm happy for the Manchester United fans and that's what counts. LaoPo Although i concur with the rest of your post LaoPo. Why are you happy for the Man United fans? #90Posted 2008-09-03 00:10:03
Alltough the chances of Man United winning the Champions League, currently still look far greater than Man city winning it.
Time will tell. #91Posted 2008-09-03 00:55:33
Hahahahahahaha... I am laughing here... As an American...I care nothing about soccer...(aka European football)... But the fact that Thaksin has sold M.C. at least suggests to me that the current Thai government/court's efforts at freezing his assets in connection with the various court cases have had some impact... And... that's a heartening thing to hear. Now, hopefully, PPP notwithstanding, the various court cases will follow thru to their conclusions, and the assets be seized or not, depending on the outcomes of the verdicts. It would be nice to see justice done...for a change. That would be '[world] football, apart from one odd country'. Last time I checked, the American style of football was being played in a fair number of other countries around the world, and U.S. pro teams have been playing well-received exhibition games in various places. Just give it a bit more time...and the virus will spread... The only ODD thing is why anyone would prefer soccer over American football in the first place... American football is called American football outside the US, while 'soccer' is called football in the rest of the world outside the US. Hence, it would be '[world] football, apart from one odd country'. "Dandies" Have a history of an inate guilt of Borrowing English and a Waining to change it into " Speaking American" ( Um wa kim patum Kimosabi!< The Real American Lingo) Thus Cricket reinvented into "Baseball", Airship Becomes "Blimp",Lift to "Elevator",The Toilet to "Bathroom"( it's on the left,just don't piss in my bathtub!),Football into "Kickball"(Crafty Eh!) and of Coarse Rugby, (dons Loads of pads, Quarter times and "stop Play" Progression) Vuoala!(American)"Football"! #92Posted 2008-09-03 01:50:06
I just saw the headline on Sky News. Confirmation here. http://www.arabianbu...ster-city?ln=en So where will he invest the money now??????????????????? #93Posted 2008-09-03 01:53:41
I just saw the headline on Sky News. Confirmation here. http://www.arabianbu...ster-city?ln=en So where will he invest the money now??????????????????? his timing is unreal... was speaking to a thai friend and comment was "things arent as bad as they seeem..." optamistic at best. #94Posted 2008-09-03 02:52:50
[quote name='LaoPo' post='2188104' date='2008-09-02 22:57:14'][quote name='sriracha john' post='2187949' date='2008-09-02 16:32:29'][quote name='LaoPo' post='2187861' date='2008-09-02 21:00:23']The man behind yesterday's sensational takeover of Manchester City has given manager Mark Hughes just three years to win the Champions League.[/quote]
One nutter replaced by another.... [/quote] The goal he gave to Mark Hughes might be indeed very ambitious but I suggest you do a bit of research on Dr Sulaiman al-Fahim and I don't think the man is a nutter, far from that, and I'm not even a fan of any Arab but one has to remain fair and you're not behaving fair. Sorry to say so. I'm happy for the Manchester United fans and that's what counts. LaoPo [/quote] Any owner of any sports team that dictates, particularly on the first day, that his team will win a championship within 3 years reveals someone that doesn't understand the dynamics of team sports. If the only mechanism to having a championship team is the amount of money you pay for players, Steinbrenner's Yankee baseball team would have won 25 straight World Series. This year, despite the biggest payroll in baseball, his team won't even make the play-offs. There's nothing wrong with hoping for the best for your team, but to come out and give an ultimatum, "Win a Championship within 3 years" is ludicrous....aka "nutter" As for being happy for Man U... or Man C... I'm happy for any team that doesn't sell their team down the river to just anyone with a sack of cash without knowing where it came from or what type of person they are. I'd be the first to admit that I don't know that much about the good al-Fahim and made my comment only after highlighting what I feel is a nutter statement. As for the previous owner, we do have a lot of information on his ill-gotten wealth and his, to put it mildly, suspect character flaws and because of that... those fans who truly cared about the team, should have, IMHO, been more vocal in their opposition. That they are now cheering his sell-off is a testament to their dissatisfaction with him, but, IMHO, it's a year too late. These are all my own opinions. Sports tend to bring out very vociferous emotions in people... I'm reminded of this earlier exchange that also highlights my points above as well. [quote name='sriracha john' post='1821073' date='2008-02-16 06:16:35'][quote name='mrbojangles' post='1820752' date='2008-02-15 22:07:54'][quote name='sriracha john' post='1820528' date='2008-02-15 11:46:04'][quote name='mrbojangles' post='1820360' date='2008-02-15 16:56:44'][quote name='rixalex' post='1820305' date='2008-02-15 09:24:07'][quote name='mrbojangles' post='1820194' date='2008-02-15 15:34:03']It isn't even Thaksins job or responsibility to improve the National Team but you are condemning him for even trying.[/quote] I think the condemnation is at Thaksin using people under false pretenses for personal and political gain. [/quote] Cheers rixalex [/quote] Not sure what "unsubstantiated accusations" you are referring to, but as for myself, this whole thread has been precisely about what rixalex just posted. [/quote] All the way through the thread, you guys have accused him of doing this and that because he wants so and so. I don't really tread into the political arena but when you start to have a go at football, in particular my beloved club (yes including the owner) i will reply to what i think is wrong or only alleged and not fact. Well, you're welcome to your views and i am welcome to have my own. [/quote] Anything we've accused him of doing in this thread is directly related to rixalex's point.... and pretty much, the accusations and associated points have all been self-evident. We're not having a go at MCFC, we're having a go at its owner. If he had bought the Nome Alaska Junior Ice Hockey Team, we'd be having a go at him in that thread, as well. As I pointed out very early on in this thread, this tyrannical despot purchasing MCFC transcends the actual sports team itself. If you chose to accept just any owner for your preferred sports team, that's your right and certainly you are entitled to your own opinion, the same as all of us. I, personally, would prefer to be a unrepentant fan of my own preferred team, even if they continued to perform like crap, rather than accept the dirty money from a tainted murderous owner whose temporary possessor-ship might improve my team for a transient period of time. I would consider that as having unbroken pride in my life-long team over winning at any and all cost. [/quote] Edited by sriracha john, 2008-09-03 02:56:59. #95Posted 2008-09-03 04:21:46
[quote name='sriracha john' post='2188312' date='2008-09-02 21:52:50'][quote name='LaoPo' post='2188104' date='2008-09-02 22:57:14'][quote name='sriracha john' post='2187949' date='2008-09-02 16:32:29'][quote name='LaoPo' post='2187861' date='2008-09-02 21:00:23']The man behind yesterday's sensational takeover of Manchester City has given manager Mark Hughes just three years to win the Champions League.[/quote]
One nutter replaced by another.... [/quote] The goal he gave to Mark Hughes might be indeed very ambitious but I suggest you do a bit of research on Dr Sulaiman al-Fahim and I don't think the man is a nutter, far from that, and I'm not even a fan of any Arab but one has to remain fair and you're not behaving fair. Sorry to say so. I'm happy for the Manchester United fans and that's what counts. LaoPo [/quote] Any owner of any sports team that dictates, particularly on the first day, that his team will win a championship within 3 years reveals someone that doesn't understand the dynamics of team sports. If the only mechanism to having a championship team is the amount of money you pay for players, Steinbrenner's Yankee baseball team would have won 25 straight World Series. This year, despite the biggest payroll in baseball, his team won't even make the play-offs. There's nothing wrong with hoping for the best for your team, but to come out and give an ultimatum, "Win a Championship within 3 years" is ludicrous....aka "nutter" As for being happy for Man U... or Man C... I'm happy for any team that doesn't sell their team down the river to just anyone with a sack of cash without knowing where it came from or what type of person they are. I'd be the first to admit that I don't know that much about the good al-Fahim and made my comment only after highlighting what I feel is a nutter statement. As for the previous owner, we do have a lot of information on his ill-gotten wealth and his, to put it mildly, suspect character flaws and because of that... those fans who truly cared about the team, should have, IMHO, been more vocal in their opposition. That they are now cheering his sell-off is a testament to their dissatisfaction with him, but, IMHO, it's a year too late. These are all my own opinions. Sports tend to bring out very vociferous emotions in people... I'm reminded of this earlier exchange that also highlights my points above as well. [quote name='sriracha john' post='1821073' date='2008-02-16 06:16:35'][quote name='mrbojangles' post='1820752' date='2008-02-15 22:07:54'][quote name='sriracha john' post='1820528' date='2008-02-15 11:46:04'][quote name='mrbojangles' post='1820360' date='2008-02-15 16:56:44'][quote name='rixalex' post='1820305' date='2008-02-15 09:24:07'][quote name='mrbojangles' post='1820194' date='2008-02-15 15:34:03']It isn't even Thaksins job or responsibility to improve the National Team but you are condemning him for even trying.[/quote] I think the condemnation is at Thaksin using people under false pretenses for personal and political gain. [/quote] Cheers rixalex [/quote] Not sure what "unsubstantiated accusations" you are referring to, but as for myself, this whole thread has been precisely about what rixalex just posted. [/quote] All the way through the thread, you guys have accused him of doing this and that because he wants so and so. I don't really tread into the political arena but when you start to have a go at football, in particular my beloved club (yes including the owner) i will reply to what i think is wrong or only alleged and not fact. Well, you're welcome to your views and i am welcome to have my own. [/quote] Anything we've accused him of doing in this thread is directly related to rixalex's point.... and pretty much, the accusations and associated points have all been self-evident. We're not having a go at MCFC, we're having a go at its owner. If he had bought the Nome Alaska Junior Ice Hockey Team, we'd be having a go at him in that thread, as well. As I pointed out very early on in this thread, this tyrannical despot purchasing MCFC transcends the actual sports team itself. If you chose to accept just any owner for your preferred sports team, that's your right and certainly you are entitled to your own opinion, the same as all of us. I, personally, would prefer to be a unrepentant fan of my own preferred team, even if they continued to perform like crap, rather than accept the dirty money from a tainted murderous owner whose temporary possessor-ship might improve my team for a transient period of time. I would consider that as having unbroken pride in my life-long team over winning at any and all cost. [/quote] [/quote] That's quite an explanation why you called the buyer of Manchester City a ''nutter''. LaoPo #96Posted 2008-09-03 05:18:27
[quote name='HelterSkelter' post='2188251' date='2008-09-03 00:55:33'][quote name='TAWP' post='2186770' date='2008-09-02 14:27:55'][quote name='jfchandler' post='2184740' date='2008-09-01 20:17:51'][quote name='TAWP' post='2184704' date='2008-09-01 20:01:36'][quote name='jfchandler' post='2184690' date='2008-09-01 19:56:34']Hahahahahahaha... I am laughing here... As an American...I care nothing about soccer...(aka European football)...
But the fact that Thaksin has sold M.C. at least suggests to me that the current Thai government/court's efforts at freezing his assets in connection with the various court cases have had some impact... And... that's a heartening thing to hear. Now, hopefully, PPP notwithstanding, the various court cases will follow thru to their conclusions, and the assets be seized or not, depending on the outcomes of the verdicts. It would be nice to see justice done...for a change.[/quote] That would be '[world] football, apart from one odd country'. [/quote] Last time I checked, the American style of football was being played in a fair number of other countries around the world, and U.S. pro teams have been playing well-received exhibition games in various places. Just give it a bit more time...and the virus will spread... The only ODD thing is why anyone would prefer soccer over American football in the first place... [/quote] American football is called American football outside the US, while 'soccer' is called football in the rest of the world outside the US. Hence, it would be '[world] football, apart from one odd country'. [/quote] "Dandies" Have a history of an inate guilt of Borrowing English and a Waining to change it into " Speaking American" ( Um wa kim patum Kimosabi!< The Real American Lingo) Thus Cricket reinvented into "Baseball", Airship Becomes "Blimp",Lift to "Elevator",The Toilet to "Bathroom"( it's on the left,just don't piss in my bathtub!),Football into "Kickball"(Crafty Eh!) and of Coarse Rugby, (dons Loads of pads, Quarter times and "stop Play" Progression) Vuoala!(American)"Football"! [/quote] How many bottles of Red Bull do you consume per day? #97Posted 2008-09-03 06:13:13
Coming back to Thaksin's visa status:
From my understanding (and please correct me if I'm wrong) he is still holder of a diplomatic passport that may or may not be revoked in the not so distant future. Further, the MC deal granted him an investor visa in the UK. What will happen to this visa? Canceled? If yes and the diplomatic passport also canceled he has to hurry with his asylum application. #98Posted 2008-09-03 06:26:17
[quote name='Tony Clifton' post='2188394' date='2008-09-03 00:18:27'][quote name='HelterSkelter' post='2188251' date='2008-09-03 00:55:33'][quote name='TAWP' post='2186770' date='2008-09-02 14:27:55'][quote name='jfchandler' post='2184740' date='2008-09-01 20:17:51'][quote name='TAWP' post='2184704' date='2008-09-01 20:01:36'][quote name='jfchandler' post='2184690' date='2008-09-01 19:56:34']Hahahahahahaha... I am laughing here... As an American...I care nothing about soccer...(aka European football)...
But the fact that Thaksin has sold M.C. at least suggests to me that the current Thai government/court's efforts at freezing his assets in connection with the various court cases have had some impact... And... that's a heartening thing to hear. Now, hopefully, PPP notwithstanding, the various court cases will follow thru to their conclusions, and the assets be seized or not, depending on the outcomes of the verdicts. It would be nice to see justice done...for a change.[/quote] That would be '[world] football, apart from one odd country'. [/quote] Last time I checked, the American style of football was being played in a fair number of other countries around the world, and U.S. pro teams have been playing well-received exhibition games in various places. Just give it a bit more time...and the virus will spread... The only ODD thing is why anyone would prefer soccer over American football in the first place... [/quote] American football is called American football outside the US, while 'soccer' is called football in the rest of the world outside the US. Hence, it would be '[world] football, apart from one odd country'. [/quote] "Dandies" Have a history of an inate guilt of Borrowing English and a Waining to change it into " Speaking American" ( Um wa kim patum Kimosabi!< The Real American Lingo) Thus Cricket reinvented into "Baseball", Airship Becomes "Blimp",Lift to "Elevator",The Toilet to "Bathroom"( it's on the left,just don't piss in my bathtub!),Football into "Kickball"(Crafty Eh!) and of Coarse Rugby, (dons Loads of pads, Quarter times and "stop Play" Progression) Vuoala!(American)"Football"! [/quote] How many bottles of Red Bull do you consume per day? [/quote] LaoPo #99Posted 2008-09-03 07:05:37
I guess Pangtongtae loses his position as technical director of football. With his abilities though, but without dad, he could probably get a job as chief toilet cleaner at Maine Road. Maybe Potjaman will open a Thai restaurant or she might get a job as a city office cleaner. Who knows, she may even start her own company and put in bids for the cleaning contract at Patel's corner shop.
Edited by Loaded, 2008-09-03 07:06:08. #100Posted 2008-09-03 12:30:04 ![]() ![]() Bye, bye, Thaksin THAKSIN: Promised to make Man City a Big Four club when he first took over. But even the most seasoned of observers would have been surprised to see an entire football club change hands yesterday. Only Manchester City could provide such drama, but the joy felt by its supporters today is tinged with sadness for the rest of us. Not since the departure of Jean-Alain Boumsong has English football been required to cope with a loss as grievous as the exit of Thaksin Shinawatra. How will we cope without the good doctor and his antics? Has a dafter man ever wielded so much power? Shinawatra came into possession of Manchester City with less slightly knowledge of football and its workings than I have of Thai tax laws. His first move, hiring Sven Goran Eriksson, was a good one, but that was obviously beginners luck. After a promising start faded into inconsistency, Shinawatra fatally undermined his manager and crippled any hopes of success for the club. Eriksson was forced to rebuild an entire club at short notice and he did it well, scooping up gems like Elano, Martin Petrov and Vedran Corluka. Not all of his acquisitions were as successful, but when you throw so many new players into a team at once, that's only to be expected. Eriksson was putting down foundations, but Shinawatra wanted the house finished before the ink had dried on the blueprints and sacked him at the end of the season. The former Thai Prime Minister must have known all along that there was a danger of his assets being frozen. John Burridge had predicted that outcome in these very pages, but it didn't stop him from reportedly setting up the same kind of installment-based transfer deals that sunk Leeds United. When the new Thai government moved in on their former leader, City's very existence was in the balance. That isn't to say that Dr Sulaiman Al Fahim of the snappily-titled Abu Dhabi United Group For Development And Investment will be any better. The 31-year-old tycoon is no shrinking violet and has been described as the Donald Trump of the Middle East, having just launched his own 'Apprentice' style TV programme over there. His first act has to been to voice a desire for a top four finish this season, proving once again that Manchester City are the only club to attract chairmen with less realistic ambitions than their fans. But his intentions are for another day. For now, it's only right that we have a moment of silence for the man who thought that English football could be dominated with relatively modest spending. A man who hired one of the most experienced, successful managers in the world and then dumped him after doing the double over Manchester United, qualifying for Europe and finishing in the top half. A man whose senseless behaviour could have doomed a proud club to extinction. Dr Thaksin Shinawatra, we salute you. Now don't let the door hit your bum on the way out. - The Electric New Paper (Singapore) / 2008-09-03 Edited by sriracha john, 2008-09-03 12:33:52. |
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