Manchester City’s fortunes wane and wax in tale of two billionaires

Manchester City's fortunes wane and wax in tale of two billionaires - Guardian, April, 2009
...Few at City doubt that Thaksin used the club to boost his own standing in Thailand. Thai dignitaries were entertained at matches and the City team taken on a tour of the country - for which, the accounts show, 47,912 was paid for PR services to a company owned by Thaksin's son, Panthongtae Shinawatra. Thaksin's own total contribution has been itemised: 17.5m to pay off Wardle and Makin's 20m loans, and he also lent the club 21m, at annual interest rates of up to 11.83%...

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