And a report in today’s Liverpool Echo details an offer to invest £73m (€108m) in the club from building tycoon and Liverpool fan Steve Morgan.

Morgan, who claims a previous offer to underwrite a £50m (€74m) share rights issue was rejected by the club, has come back with a two-part proposal.

He plans to underwrite a new share issue worth £61m (€90m) and to issue a further £12m (€17m) worth of shares for the fans to buy.

The bulk of the money would be spent on team strengthening with the rest earmarked for the new stadium plan.

Morgan’s new offer would allow current chairman David Moores to buy some of the new shares.

That would mean Moores could stay in control at Anfield with Morgan likely to gain a seat on the board.

Thaksin met with a group of Liverpool representatives led by chief executive Rick Parry yesterday and earlier today Thai Government spokesman Jakrapob Penkair said an agreement had been reached with no details available ahead of a joint statement by Thaksin and Liverpool.

There remains confusion, however, over whether the deal represents a personal or Government investment by Thaksin.

Jakrapob said today: “We will buy it in the name of Thailand. We want Thai people to be part of the purchase.

“The Thai Government is the one that negotiated the deal, not Thaksin, and most of the money will come from public funds.”

This would appear to contradict a statement made over the weekend by Thailand’s Deputy Minister of Commerce Pongsak Ruktapongpisal.

Prior to yesterday’s discussions with Parry, Ruktapongpisal said: “I also want to assure you that the money comes from the Prime Minister himself – not from public funds.”

Shinawatra refused to clear up the confusion.

“Let’s wait until Thailand buys the team before going into details whether we will spend Thais’ money or the private sector’s,” he said.