The arrest of Manchester City chairman Thaksin Shinawatra will be 'good' news for manager Sven Goran Eriksson.

The Daily Mail says Thaksin expects to be arrested in Thailand on Thursday after making the shock decision to return to his home country for the first time since taking control of the Barclays Premier League club last summer.

Wanted on corruption charges, Thaksin expects to be arrested and bailed and will then endeavour to begin the process of negotiation with the ruling PPP party that he hopes will enable him to clear his name and regain control of £800m of assets that were seized and frozen last year.

Sources say that Thaksin expects to redirect some of the money towards City - which will be good news for manager Eriksson as he looks to strengthen the City squad in the summer.