Far be it from me to show an ounce of compassion for big-time Charlie football managers, but you have to feel a pang of sympathy for Mark Hughes today. Leaving the sane haven of Blackburn Rovers for Manchester City was a no-brainer financially - not that Hughes was short of a bob or two.

The prospect of a bottomless pit of money to spend on global talent and of turning the Premier League’s No.1 basket case into Big Four material was the real lure for the man regarded as the best young boss in Britain. Why, even Ronaldinho’s decision to spurn the delights of Manchester for the attractions of Milan could not dampen the new mood of sky-high, sky blue optimism.

Another thrilling Brazilian, the 6ft 4in Jo, was swiftly signed and sealed, while Blue Moonies must have been salivating over David Bentley or Roque Santa Cruz arriving from Rovers to join their old boss. Instead, they got Chelsea reserve defender Tal Ben-Haim, while crowd favourite Vedran Corluka is packing his bags for White Hart Lane.

And now comes the bombshell that City’s sugar daddy is apparently trying to bale out, just a year after buying the club for £80million. The official line from Eastlands is that Thaksin Shinawatra is simply seeking new investors to help catapult the club into the big time. Yeah, and Amy Winehouse scrubs up nicely.

Forget the arguments over whether the former Thai PM is a fit and proper person to run a Premier League football club – ''Frank'' is not the only dodgy chairman out there, although possibly the only one who has been branded ''a human-rights abuser of the worst kind''.

The worry must be that the wheels are starting to come off – again.

City fans were pretty underwhelmed when Sven Goran Eriksson was appointed last summer, but the stack-heeled Swede wooed them with a fantastic start and that double over you know who. Of course, City being City, it all went pear-shaped in the end, culminating in Eriksson’s farcical farewell on the back of that 8-1 defeat to Middlesbrough on the final day of last season.

The new manager now finds the promised funds to build a new side are perhaps not there after all. He’s gone from Aladdin with a cave full of riches to Oliver Twist holding out the begging bowl. But Shinawatra’s a bit strapped for cash right now. His missus has been sentenced to three years for tax fraud and the Thai authorities are after his frozen assets – $2.3BILLION that’s stashed in his private bank accounts. They might also want to put him behind bars for corruption. It never rains...

Hughes can perhaps console himself that most of the other Big Four wannabes are in just as much of a mess. Everton don’t seem to have a bean to buy anyone; Newcastle are afflicted by the schizophrenia of not knowing if Dennis Wise or Kevin Keegan is running the show; West Ham have just taken a £6million hit to offload Freddie Ljungberg; Martin O’Neill is too tight to spend any money on players at Aston Villa; and Hughesy’s old club Blackburn appear to be imploding under Paul Ince.

If that’s no comfort, then Sparky can always call on his namesake, who operates from 10 Lime Street, Walthamstow, London E17 6LG. “Mark Hughes Counselling offers therapeutic psycho-synthesis counselling to individuals... This can help with specific difficulties (e.g., relationships, work, family, divorce) or, by using a transpersonal approach, can help the client get the most out of life (e.g., happiness, fulfilment, creativity, meaning and purpose).

The “transpersonal approach” – that should do the trick. Stuart Pearce tried the psycho-synthesis lark when he was City boss and look where it got him.