Manchester City`s seemingly ever-lasting roller-coaster surrounding the takeover bid from former Thai PM Thaksin Shinawatra took another turn last night when his assets were frozen in Thailand. A reported $1.6 billion dollars were frozen, which has cast a cloud of uncertainty over his proposed takeover.
For me this is the final straw as a supporter of Dr Shinawatra, I believe the only good news about his frozen assets, is the fact he has to return to Thailand, I hope, for Manchester City`s sake he does not come back .
Earlier this month Ray Ranson pulled out of his bid to gain control of Manchester City. I feel that if the City board had given Ranson a fair consideration and not chosen to be selfish and want the most money, Ranson`s takeover would have probably been complete by now. This would have led to a better manager than Stuart Pearce being installed already who could have been handed around 20 million to strengthen the City squad. That certainly sounds better than a team without a manager, and a chairman who can`t take the club any further.
I have to be honest and accept that I did favour Dr Shinawatra over Ray Ranson, but after the recent events involving Thaksin, I have rapidly changed my mind. I can`t believe the City board would rather take a former PM accused of corruption in his homeland, than a former Manchester City player who is more importantly English. I can understand City`s need for cash but before we can even think about challenging the top 4, we need to get on terms with the likes of Aston Villa and Spurs.
BBC understands Dr Shinawatra`s takeover is close to collapse. I hope that this news is true and the bid Fails. Maybe when Ranson hears the news that Thaksin`s bid has been unsuccessful, he will consider lodging a bid. I am confident he can take the club to the next level and more importantly into Europe. I am also still a fan of the American Consortiums involved, but I would rather Ray Ranson who has been upfront from day one, take charge of affairs, instead of a Mysterious American Consortium and Dr Shin-a-wat.
Come on Ranson come back.