Houllier's future 'hanging by a thread'

Gerard Houllier’s future as Liverpool manager was shrouded in doubt today after claims that his position is under review.

The club have refused to comment on a report in the Liverpool Echo this afternoon that the Frenchman’s job “is hanging by a thread“.

According to the report, the club are reviewing Houllier’s role and performance over the season and that process could continue until next week.

During the season, Liverpool chairman David Moores described Champions League qualification as the minimum achievement but despite having managed that, there is no guarantee that Houllier will keep his job.

The uncertainty comes as Liverpool chief executive Rick Parry continues talks over two separate investment proposals.

The Thailand Prime Minister’s bid to buy a 30% share has hit a snag. Thaksin Shinawatra’s representatives were to have flown to Liverpool today to finalise the deal, but that trip has been indefinitely postponed until lawyers from both sides sort out the differences.

Thaksin, a billionaire telecoms tycoon who turned to politics, has said he wants to promote Thai football and employ Liverpool coaches to lift the lacklustre national game up to international standards.

According to government sources in Thailand, a special lottery is planned to raise the cash needed for the stake.

Liverpool have also not ruled out a deal with lifelong fan Steve Morgan, the former Redrow Homes owner, who last week had a rival bid rejected.