Jimmy Heosontaty, City's former representative in Thailand, said plans for an academy had been scrapped and the club's merchandise shop, launched to great fanfare last year, had closed due to a lack of interest.
"We saw no point in carrying on after the (Shinawatra) family sold their share," he told Reuters on Friday. "City still have fans here, but there's not a lot of interest anymore."
Thaksin, convicted of graft last year and a fugitive overseas, bought City in July 2007, 10 months after he ousted in a bloodless military coup.
He hoped to make City Asia's most popular club and signed three barely-known Thai players, a move widely dismissed as a political ploy to earn the support of soccer-mad Thais for a party formed by his supporters.
Amid rising discontent among City fans over his treatment of then manager Sven-Goran Eriksson, Thaksin sold the club to a consortium from the United Arab Emirates in September and has been on the run since his British visa was revoked in November.
CITY FANS! Check FourFourTwo.com’s ever-expandinginterviews archivefor more stuff to read:
One on One Sven Goran Eriksson
Web Exclusives Joe Corrigan
Q&A Robinho
Boy's A Bit Special Michael Johnson
Ask A Silly Question Peter Reid, Alan Ball
What Happened Next? Jim Whitley, Tony Cunningham
Sing When You’re Winning David Threlfall
Plus Joe Corrigan on Weekend Wonders and City on Talentspotter
