There are several ways of looking at the proposed 'Thai-up' (sorry, couldn't resist that) between Liverpool FC and the Prime Minister of Thailand, Thaksin Shinawatra, but in the main they do appear to be divided into two distinct camps.
Liverpool's board, and principal shareholder David Moores, obviously are all for it, apparently, but the supporters seem to have greeted the prospect with less than warm-hearted approval.
Steve Morgan, for the benefit of those who haven't been following the intrigue behind Liverpool's attempt to arrange a big 'cash-injection' before the team falls too far behind Arsenal, Chelsea and Manchester United, is a Liverpool fan.
The fact that he is a multi-millionaire came after the first fact that he has been a Liverpool fan all his life. Steve is the founder of Redrow Homes and as such has a few bob, enough to make a rival bid for the significant stake that Shinawatra seems to have secured for £60 million.
Well, it seems that Mr Morgan and Mr David Moores don't see eye to eye, in fact, and I can only go by what I read and hear, and as a consequence Mr Moores, apparently, rejected Mr Morgan's bid. The club gave the reason for that course of action as the bid being 'an under-valuation of the club's true worth'.
If that was the case, I am sure Mr Morgan would have dug a bit deeper and come up with a figure that would match the Thai bid. Just a hunch, you understand.
It seems that Mr Morgan isn't wanted on the Liverpool board, nor his money, hence the news that the Thai bid seems to have been successful and, again according to what is written and said in the media, the board can look forward to an injection of around £60 million, towards new players and an improved stadium, not to mention the possibility of three Thai directors on the board, presumably to see how the money is spent.
Surely the board at Anfield could put aside personal feelings to welcome cash into the club if it is to benefit Liverpool FC, and surely a fan, with Liverpool's interests at heart, is preferable to someone who, apparently, cannot name anyone past Michael Owen, when asked for his favourite players.
Surely an affinity to a club is a much better partner-prospect than someone who looks at the tie-up as more of a business venture than a move from the heart, and I base that on the statement from Mr Shinawatra that if Liverpool's board turned down his bid he would simply turn his attention to another club.
There is absolutely nothing wrong with foreign investment, just look at Chelsea. But, at least Roman Abramovich is sitting in the stand whenever Chelsea play.
I have read most of what has been written about this story and at no stage can I recall reading that Steve Morgan had anything but the interests of his club at heart. Okay, so there have been snipings at Gerard Houllier, but that comes with the territory when you are a manager. Morgan, like many supporters of his age, in their 50s, can vividly recall when there was a regular stream of trophies going in to the Anfield trophy cabinet, including more League championships than any other club in the history of English football.
Liverpool fans, like supporters of all clubs, put their hard earned cash into following the team. Steve Morgan just has a little more than most and he just wanted to help restore Liverpool's pre-eminence.
I hope the £60 million Liverpool are supposed to be getting is well used, or should I say, used well, because I don't think Mr Morgan will go away. And I think I know which new director Bill Shankly would have welcomed into Anfield.
