Thai hopes to seal deal by late July

Thu, 27 May 2004, 00:00 WIB | Source: AFP

BANGKOK: English football giants Liverpool has agreed to sell
Thailand a 30 percent stake in the club but final signing of the
deal may be delayed until late July, a Thai official said on
Wednesday.

Thai deputy commerce minister Pongsak Raktapongpaisarn said a
final decision on whether to go ahead with the deal now rested
with Thailand after Liverpool accepted demands set out by Prime
Minister Thaksin Shinawatra.

"Thailand and Liverpool have agreed in the minutes of a
meeting to allow Thai legal and financial representatives to
conduct due diligence checks," Pongsak said shortly after
returning from talks with the club in Britain. --AFP

View JSON | Print