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Thai media tycoon denies Liverpool soccer club getting cold feet.

Bangkok Post (Bangkok, Thailand)

| September 03, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Nondhanada Intarakomalyasut

Sep. 3--Media tycoon Paiboon Damrongchaitham yesterday downplayed comments by Deputy Commerce Minister Pongsak Raktapongpisal that the Liverpool football club may be looking to cancel plans to sell a stake in the team.

Mr Pongsak, who handled earlier, aborted negotiations to buy a 30 percent stake in the English Premier League team on behalf of the government, said yesterday that the deal might have hit a snag.

After selling star striker Michael Owen to Spain's Real Madrid for 12 million euros, the English team's money woes may now be resolved, said Mr Pongsak.

But Mr Paiboon insisted there had been ...

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Source: HighBeam Research, Thai media tycoon denies Liverpool soccer club getting cold feet.