Vital Football

Latest Manchester City News

City up for Sale?

City up for Sale?

City have responded to speculation linking them with a Thai takeover by releasing a statement to the stock exchange confirming talks are taking place.

The full statement reads as follows :

24 April 2007


Manchester City PLC ('Manchester City' or the 'Company')


The Board of Manchester City notes certain recent press articles attributing comments to Manager, Stuart Pearce regarding the possibility of an offer being made for the Company. Further to the Company`s announcements on 7 December 2006 and 21 February 2007, the Board of Manchester City confirms that it remains in preliminary discussions with third parties that may or may not lead to an offer being made for the Company.


There is no additional information to be disclosed by the Board at this stage but a further announcement will be made in due course, as appropriate.


It is being widely reported in today`s press that the new frontrunner in takeover talks is ex City player, Ray Ranson. Ranson is believed to be the front man of a consortium prepared to offer £92 million for control of the club.


Ex Thai Prime Minister, Thaksin Shinawatra, is reported to be preparing an offer for the blues after the much publicised collapse of his attempts to buy Liverpool.


It is also believed that there remains a strong American interest in City.


What is interesting is the mention of Stuart Pearce`s name in the statement. The board are clearly upset at his comments last week that fuelled takeover speculation. Apparently there was significant movement in share prices following Pearce`s interview and the board have been forced to release a statement in line with stock market regulations.


Whatever happens from here it is quite clear that Premiership safety has hastened talks with the relevant parties. If it is to be Wardle`s last act let us hope he gets the deal that is best for Manchester City. Much as I would love to see investment and ambition running through this club I do not want to see us as being another step on the route to American franchising of the Premiership.



Click here to join in the debate on the club forum.

Writer:Andy Leggott
Date:Tuesday April 24 2007
Time: 11:20AM

Comments

0
Very, very interesting development, Andy. I think that the
Johnny Baguette
24/04/2007 11:55:00
0
er, excuse me! ....I think that the MCFC board might be more proactive than we have thought. Interesting that they appear to distance themselves from Pearce in this statement when you certainly wouldn't think mentioning him was neccessary. Is he offski? Could the Thai conection be a smokescreen to push other parties involved into a poo or get off the pot decision? Anything can happen in the next 48 hours and probably will.....
Johnny Baguette
24/04/2007 11:59:00
Page 1/1
  1. 1

Login to post a comment

Recent Manchester City Articles

(Audio) Sturridge Defends & Admires Sterling

England teammate Daniel Sturridge says Manchester City's Raheem Sterling is one of the most talented players in the world.

Blue Moon Rising TV Latest

The lads over at YouTube channel, Blue Moon Rising TV bring Manchester City supporters the very latest news, views and opinions, and this week has been no different.

Are Players Set For A Football Exit?

With the country narrowly voting to leave the European Union in Thursday's Referendum, there are certainly plenty of real questions that have to be addressed in terms...

Details: Guardiola's First City Appearance

This Saturday and Sunday, 2 & 3 July, 2016, MCFC open up their doors of the City Football Academy for a breath-taking Cityzens Weekend.

Archived VMC Articles

VMC articles from

Site Journalists

Tudor
Editor email
Profile
Johnny Baguette
no email
Profile
Pedmachine
no email
Profile
Skoorb
no email
Profile

Current Poll (see more polls)

Out of the first team regulars, who will be sold first?
Suggested By: Tudor
Joe Hart5%
Aleksandar Kolarov6%
Pablo Zabaleta8%
Bacary Sagna0%
Fabian Delph5%
Jesus Navas0%
Raheem Sterling8%
Yaya Toure10%
Wilfried Bony55%
Samir Nasri0%
Eliaquim Mangala3%
Gael Clichy0%
Pep will not sell anyone0%
Someone else0%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
C Leicester City 38 23 12 3 81 32
2 Arsenal 38 20 11 7 71 29
3 Spurs 38 19 13 6 70 34
4 Man City 38 19 9 10 66 30
5 Man Utd 38 19 9 10 66 14
6 Southampton 38 18 9 11 63 18
7 West Ham 38 16 14 8 62 14
8 Liverpool 38 16 12 10 60 13
9 Stoke 38 14 9 15 51 -14
10 Chelsea 38 12 14 12 50 6
11 Everton 38 11 14 13 47 4
12 Swansea 38 12 11 15 47 -10
13 Watford 38 12 9 17 45 -10
14 WBA 38 10 13 15 43 -14
15 Crystal Palace 38 11 9 18 42 -12
16 AFC Bournemouth 38 11 9 18 42 -22
17 Sunderland 38 9 12 17 39 -14
R Newcastle 38 9 10 19 37 -21
R Norwich 38 9 7 22 34 -28
R Aston Villa 38 3 8 27 17 -49
Latest F1 News
Latest Vital Boxing News

Recent Manchester City Results (view all)

Manchester City Fixtures (view all)

Vital Members League Table

RankNamePoints
1.Colin Is The King147
2.Skoorb146
3.Rising134
4.Tudor129
5.Bluedub98
6.Buzz Lightyear78
7.kennyclementstache62
8.citizhun35
9.johnkelv33
10.Chippy_Tea11