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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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Results & Fixtures

Tables

Team P W D L GD PTS
Manchester City 38 28 5 5 64 89
Manchester United 38 28 5 5 56 89
Arsenal 38 21 7 10 25 70
Tottenham Hotspur 38 20 9 9 25 69
Newcastle United 38 19 8 11 5 65
Chelsea 38 18 10 10 19 64
Everton 38 15 11 12 10 56
Liverpool 38 14 10 14 7 52
Fulham 38 14 10 14 -3 52
West Bromwich Albion 38 13 8 17 -7 47
Swansea City 38 12 11 15 -7 47
Norwich City 38 12 11 15 -14 47
Sunderland 38 11 12 15 -1 45
Stoke City 38 11 12 15 -17 45
Wigan Athletic 38 11 10 17 -20 43
Aston Villa 38 7 17 14 -16 38
Queens Park Rangers 38 10 7 21 -23 37
Bolton Wanderers 38 10 6 22 -31 36
Blackburn Rovers 38 8 7 23 -30 31
Wolverhampton Wanderers 38 5 10 23 -42 25
View Full Table