Thailand group in West Ham takeover talks
Submitted by tribalfootball.com on Mon, 07/20/2009 - 10:39
An Asian group are eyeing takeover talks for West Ham United.
The Sunday Mirror says Pairoj Piempongsant, the Thai businessman who brokered two takeovers at Manchester City and was involved in the projected acquisition of Portsmouth, is playing a pivotal role in negotiations.
At the moment the two parties are miles apart in their valuation with the group offering £75million and West Ham wanting closer to £125m.
The consortium, whose investors are predominately from Thailand, are bound to raise alarm bells at the Premier League after claims that Thaksin Shinawatra, the controversial former Thai prime minister, is looking to invest in another Premier League club.
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