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November 4 2003

Thai PM poised to buy Fulham FC

Thai PM poised to buy Fulham FC

Thaksin to buy Fulham

Proving that real life is stranger than fiction, it emerged this week that Thai Prime Minister Thaksin Shinawatra wants to buy Fulham Football Club. He has already had talks with the owner, Egyptian tycoon Mohamed Al Fayed. 10 billion baht is reportedly on the table but Al Fayed says he's not selling.

Mr Thaksin reckons that a precedent has already been set by the purchase of Chelsea by Russian billionaire Roman Abramovich. Like his fellow countrymen, the PM would probably prefer Manchester United or Liverpool but even billionaires (50 billion baht in his case) have to count the pennies. He said that he would be asking other Thai businessmen to chip in.

Mr Thaksin might soon be standing on the touchline at Craven Cottage wearing a camelhair coat but will he ever allow foreigners to own businesses in Thailand? That really would be unbelievable.

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