Vital Football

Latest Manchester City News

Ranson launches New Bid

Ranson launches New Bid

Ray Ranson has today launched a second bid in his attempt to seize control at Eastlands.

Ranson issued the following statement to the stock exchange this morning:


'Further to the announcement made by Ray Ranson on 24 April 2007 and to the announcement made by Manchester City plc on 25 April 2007, Ray Ranson can confirm that he has submitted a revised proposal to the board of the club with a view to making a possible offer for the club.


'Ray believes that this revised proposal (which Ray has been ready to submit for a number of days subject to the completion of an initial review of certain due diligence information) addresses the club's stated concerns about conditionality.


'Ray would very much like to enter formal discussions with the board of the club to progress his proposal.'



So things are hotting up in the race to seize control of the blues.

Speculation coming out of the club would seem to suggest that the current board would prefer the advances of an as yet un-named American consortium.

However the American approach is not believed to be a complete takeover of the club, rather a buy out of the Makin/Wardle holding with the intention of keeping the current management team on board.

If true that must be an area of concern for all that follow this club. It is after all the current management team that have lacked the ambition to move this club forward.

It would appear to me that the best course of action open to the board would be to accept a complete takeover of the club. That is not to suggest that I am throwing my support behind Ranson, rather that a complete takeover would appear to be what is best for the club.

There are already far to many factions operating in their own interests (rather than in the interest of Manchester City); adding another would simply be suicide.

I can only hope therefore that the Ranson deal is scrutinised and presented to the club's shareholders. If, as Ransoon says, it is not labouring the club with further debt then it is surely worth consideration as to whether it is in the best interest of Manchester City Football Club.



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

Writer:Andy Leggott
Date:Thursday April 26 2007
Time: 10:17AM

Login to post a comment

Recent Manchester City Articles

More Reliable Than An Octopus 2016/17? (20/1/17)

A new season, a new special computer crunching the numbers to determine the final Premier League positions for 2016/17.

2016/17 Golden Boot Race Hots Up

With 22 Premier League games played in the 2016/17 season, this year could see a record number of players break the 20 goal mark.

Manchester City Walking Wounded - Injury Table

Our weekly update looking at the injury table for Manchester City and also comparing with all our competitors in the Premier League.

Man City v Spurs Live Streams & Global TV Coverage

Manchester City will be looking to bounce back from their Goodison Park defeat last week with a positive performance and victory against an in-form Tottenham team.

Archived VMC Articles

VMC articles from

Site Journalists

Tudor (VMC Editor)
Editor email
Profile
Johnny Baguette
no email
Profile
Pedmachine
no email
Profile
Skoorb
no email
Profile

Current Poll (see more polls)

How many goals, if any will City score against Spurs?
Suggested By: Tudor
Five or more10%
Four0%
Three3%
Two7%
One14%
City won't score66%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 Chelsea 21 17 1 3 52 30
2 Spurs 21 13 6 2 45 29
3 Liverpool 21 13 6 2 45 25
4 Arsenal 21 13 5 3 44 26
5 Man City 21 13 3 5 42 15
6 Man Utd 21 11 7 3 40 12
7 Everton 21 9 6 6 33 9
8 WBA 21 8 5 8 29 0
9 Stoke 21 7 6 8 27 -6
10 Burnley 21 8 2 11 26 -8
11 AFC Bournemouth 21 7 4 10 25 -7
12 West Ham 21 7 4 10 25 -9
13 Southampton 21 6 6 9 24 -7
14 Watford 21 6 5 10 23 -13
15 Leicester City 21 5 6 10 21 -10
16 Middlesbrough 21 4 8 9 20 -5
17 Crystal Palace 21 4 4 13 16 -10
18 Hull City 21 4 4 13 16 -25
19 Sunderland 21 4 3 14 15 -20
20 Swansea 21 4 3 14 15 -26
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

Recent Manchester City Results (view all)

Manchester City Fixtures (view all)

Jan 21 2017 5:30PM : Tottenham Hotspur (H)
Barclays Premier League
Jan 28 2017 3:00PM : Crystal Palace (a)
FA Cup
Feb 1 2017 7:45PM : West Ham United (a)
Barclays Premier League
Feb 5 2017 1:30PM : Swansea City (H)
Barclays Premier League
Feb 13 2017 8:00PM : AFC Bournemouth (a)
Barclays Premier League
Feb 26 2017 2:15PM : Manchester United (H)
Barclays Premier League

Vital Members League Table

RankNamePoints
1.Buzz Lightyear466
2.Skoorb406
3.Johnny Baguette326
4.Rising183
5.Bluedub178
6.Tudor167
7.johnkelv90
8.Colin Is The King79
9.OziMan58
10.kennyclementstache55
Vital Football Comment