 The bid from Thailand is no nearer conclusion |
A Thai media mogul is talking to Chinese and Singaporean investors about helping him buy a stake in Liverpool. "The potential partner is a Singaporean business friend who wants to invest," said mogul Paiboon Damrongchaitham.
"If he decides to join me, he will do it with his own money, like I will. For negotiation with partners in China, it will also be personal investment."
Liverpool have two weeks to accept the offer from Paiboon - chairman of GMM Grammy - who wants a 30% stake.
An earlier Thai offer - from Prime Minister Thaksin Shinawatra - collapsed after a public outcry in Thailand.
Thaksin had wanted his administration to invest �63m for a 30% stake in the Anfield club
He proposed a state lottery to fund the purchase through a government sports organisation but later acknowledged that it would have been unwise to spend residents' money to buy part of a football team.
The level of Thai involvement on the Liverpool board - a sticking point during the Thaksin negotiations - does not appear to have been resolved in Paiboon's bid.
Liverpool want an injection of funds to pay for new players in order to keep pace with big-spending rivals such as Chelsea and Manchester United.
They also want to move to a bigger stadium.
MMIX
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