Showing posts with label Ray Ranson. Show all posts
Showing posts with label Ray Ranson. Show all posts

Monday, June 11, 2007

City Take Over 'Frozen Out'

So 7 weeks on from the initial announcement that the board were in 'preliminary discussions' regarding investment, and 5 weeks since they announced they were in 'advanced discussions' the plug may or may not have been pulled on Dr Shinawatra's potential buy out following the Thai authorities unsurprising move to 'Freeze' his assets held in Thailand.

The Nation - Thai governments 'propaganda' paper

The BBC

According to who you are speaking to this is a 'deal breaker' as he was using city to remove funds from Thailand - was expected and he has already got 1.5 billion out of the country - forces Wardles hand as the 60 day appeal period would take us into the new season.

Add in to the mix the Mysterons , sorry mystery Americans who are reputed to only be bidding for part of the club (Wardle and Makins Share) and the fact that no 'real' reasons were given for Ray Ransons bid getting short thrift and it all becomes clear.

Sorry no it doesn't ! I really don't have a clue whats going and neither do 99.99% of message board users / amateur journo's / bloggers. See the Koeman betting 'spree; from this week as conclusive proof.

What I do know is that Messers Warnock and Souness don't have clubs at the moment.......

vote it up!

Wednesday, May 30, 2007

Confusion reigns with Ranieri 'announcement'

Another day, another angle.

A day after Claudio Ranieri was believed to be leaning towards a stay in Serie A with Parma, and amidst stories that the Shinawatra deal was on the verge of collapse, comes reports that Ranieri has agreed to take the vacant City job once the takeover by Shinawatra is completed.

Sky Sports were first to report this earlier this evening and there hasn't been much follow-up from other news outlets (or the club) in actually confirming the story as legitimate.

This of course all comes after the afternoon news that Ray Ranson had withdrawn his offer - but may re-enter the race should Shinawatra make a formal bid, which on the back of the Ranieri reports (if true) seems to be the end of any hopes that Ranson has of gaining control of the club.

If Ranieri has agreed to take the job, he must have almost certainly been tipped off that the takeover will be completed in the not too distant future, given that by doing this he appears to be severing his relationship with Parma.

Hopefully, the next week will draw a line under all of this and we can finally have new owners and a new manager in place, and get on with the important business of trying to put together a side for next season - something that is imperative given the lack of international football this summer is leading to sides bolstering their squads even at this early stage.

vote it up!

Sunday, April 29, 2007

Allardyce rumours causing problems

Of course, all of this may simply be the result of a number of journos putting two and two together, but the early morning rumours that Sam Allardyce was to quit his position at Bolton at the end of the season certainly sparked a chain of events that left a lot of people none too happy.

As well as quitting Bolton, the story was that Allardyce had some sort of principle agreement in place to take over at City in the summer, and had been given the nod by Ray Ranson that the job if/when his takeover was completed.

Bolton chairman Phil Gartside, who undertandably was irked as that it appears as though his highly successful manager was set to move onto pastures new - and to a club he has previously described as not being bigger than Bolton. This has apparantly led to Gartside making a complaint with the current City board over Ranson's actions. The current City board are believed to be unhappy that there name is being dragged into all of this.

Stuart Pearce meanwhile came out fighting in his post match interview, stating that he was the best man for the job and the board were right behind him and he was looking to build further in the summer. Interestingly, in addition he believed that there were 'seven or eight' managers who would go before him.

This could lead to problems for Ray Ranson. It is believed that his bid and plans for the club do not meet with unanimous approval at board level (who seemingly favour one of the American consortiums), and this potential negative press may not endear him to those doubters. Whilst not publicly commenting, stories appeared yesterday which suggested Ranson had not contacted Allardyce regarding the managers post.

On the back of all of this - adding a further twist, there were reports yesterday that the former-Thai PM, Thaksin Shinawatra was set to make a £108 million bid for the club after all, having previously suggesting stories linking him to the club were 'rumours'.

Interestingly, one man who has remained quiet on all of this is Allardyce himself. He did not speak to the press following Bolton's 2-2 draw at Chelsea. If he indeed has told Bolton he will leave at the end of the season then there will certainly be a number of sides interested in his services.

After establishing Bolton in the Premiership and now having them consistently challenge for the European places perhaps he feels he cannot take the side any further, and is ready to take step up in terms of the job challenge and also the potential involved at another club.

I believe we could be the front-runners, although even a quick look at the Premiership table suggests the likes of Newcastle, perhaps even Tottenham as well would be interested.

I remember back to a couple of seasons ago when the first Allardyce rumours surfaced, I was against the idea of Allardyce being in charge - dismissing him as a 'long ball merchant', but for what he has achieved the past couple of seasons shows he is one of the top managers around and crucially, he is able to get the best out of the players he has and can implement a sound game plan. I also believe that as time has progressed and he has brought more quality into Bolton, he has refined their approach a little and they are less reliant on the direct approach.

Whilst it may be all speculation at this point, it does seem there is some substance at least to this story. For me, if Allardyce is available, then regardless of who the ownership group is we should pull out all the stops to get him.

vote it up!

Saturday, April 28, 2007

City 0 Villa 2

Time to call Record Breakers as City move into the last home game of the season needing two goals to strip Sunderland of there unwanted record of lowest home scores in the Premier League, the last home game of course against the Sky Sports Reds who should just need a point to secure (not mathematically) the two horse race (think it used to be called the title)

The reason we are looking at this record was on show in all its glory at Eastlands as a determined but limited Villa side created 3 decent chances and took two , we created two good chances and took none.

Both Johnson and Beasley were missing from previous weeks, which prompted Pearce to replace them with Ireland and Samaras. Mpenza also returned from injury. So both sides started with 3 recognised forwards Vassell, Mpenza and Samaras for city. Agbonlahor, Carew and Young for Villa. A free flowing attacking game of football to follow ? Didn't quite pan out that way with both teams effectively playing a 4-5-1 rather than 4-3-3, the pace from both wings along with the heading ability of Carew in the middle giving villa the edge in what was a pretty lacklustre end of season game . Meanwhile our 6ft 4in target man was on the right of midfield, Mpenza struggled on his own in the middle and despite an OK start Vassell faded against his normal rabbits.

And so Villa take the points we don't really move anywhere and its Manu next at home for their title party !!

Earlier in the day reports circulated the Sam Allardyce had announced he would quit Bolton and would be moving to city as part of the Ray Ranson consortium. Given that Ransons bid has been (disgracefully) blackballed by the club surely Big Fat Sam would have the men in white coats coming round as he explains why quit Bolton for a 'maybe' .

A thumping 5-0 against the rags would cheer me up a bit though !! Here come the men in white coats for me.......

vote it up!

Thursday, April 26, 2007

More in the mix?

Not long after Ray Ranson was reportedly ready to make a second bid to purchase the club, stories began to emerge that a new American investor was on the scene.

Andrew over at purelymancity does a fantastic job of analysing those currently in the frame to take control at the club, and his research suggests that one of the American bids is likely favoured by the board.

Interestingly, on the back of this weeks events, John Wardle announced plans for a summer spending spree, whilst Stuart Pearce - mindful of earlier comments, announced he was in the dark as regards the takeover.

When was the deadline for season ticket renewals incidentally?

vote it up!

Wednesday, April 25, 2007

City refuse to be held to Ranson

All aboard the Manchester City rollercoaster once again, less than 24hrs after it was first announced that Ray Ranson had made a bid the club have announced it has been rejected in the following statement below . Its the second curt statement to be issued by the club in two days !

Manchester City PLC("Manchester City" or the "Company") The
Board of Manchester City notes the announcement made by Ray Ranson on 24 April
2007 regarding his possible interest in making an offer for the Company. The
Board can confirm that it received, and responded promptly to, a highly
conditional indicative proposal from Ray Ranson and his advisers on 12 March
2007.
Ray Ranson’s indicative proposals to date have contained a number of
material conditions that the Board does not believe can be fulfilled and this
has been communicated to Ray Ranson’s advisers.
However, the Board granted
Ray Ranson, his financial partners and their advisers access to confidential
information and allowed Ray Ranson to carry out due diligence on the
Company.
For the avoidance of doubt, since 12 March 2007, contrary to media
speculation, neither the purported “£90 million bid” nor further proposals of
any sort have been received by the Company or its advisers from Ray
Ranson.
The Board will continue to consider all indicative proposals and
offers from potential offerors including Ray Ranson and, as announced on 24
April 2007, continues in preliminary discussions with interested parties. These
discussions may or may not lead to an offer being made for the Company.


vote it up!

Tuesday, April 24, 2007

Ranson confirms approach

Amidst the stories linking him to a bid to take control over the club, Ray Ranson has confirmed he has made an 'indicative proposal' to the board, releasing the following statement:


“Ray Ranson can confirm that he is interested in buying
the club and has, over the past couple of months, made indicative proposals to
the club concerning a possible offer,” the statement read.“Ray is yet to receive
a positive response from the board to these indicative proposals and is
currently considering making a further proposal to the board of the club.“Ray
recognises that the club is heavily indebted and his business plan is not
dependent on leveraging the club further.Operational plan “Together, Ray and his
partners have developed an operational plan for the club that is aimed at taking
the club forward to the next level of its development, both on and off the
field.”


In response, the club have remained non-commital - also releasing a statement to the Stock Exchange (which may have earned Stuart Pearce a ticking off):

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.


In addition to the latest news, there was an interesting piece on Ranson in the Telegraph recently, which was more general rather than City related, but gave a good indication of how he sees the set up of a football club and where he sees the future of football (and its finance) heading.

vote it up!

Ranson launches bid

From BBC Sport:

Former Manchester City full-back Ray Ranson has made a £90m
offer to buy the club, reports BBC Radio Manchester.
Ranson, who has
previously tried to buy Aston Villa, made the offer on Monday.
The offer
covers the club's shares, loans of about £24m to major shareholders John Wardle
and David Makin and debts to other creditors.
Ranson, who also played for
Birmingham, Newcastle and Reading, is also said to be prepared to provide a
transfer kitty of around £20m for new players.
Reports in Thailand on Monday
claimed former prime minister Thaksin Shinawatra, who failed in a bid for
Liverpool in 2004, was interested in buying City with partners from China and
the Middle East.
But it appears Ranson has made a firm offer for the club,
who have been the subject of takeover rumours.


What with the stories surfacing yesterday of the potential bid from the former Thai PM, it seems that the takeover is definitely back on the agenda.

I always felt that once Premiership survival was secured, then any potential takeover bid would likely be firmed up and so it seems to be the case. On the face of it (from reports at least) it appears that the Ranson bid would seem acceptable to all involved, given that it clears all the debts and loans to Wardle and Makin, whilst still allowing a sizeable amount as a transfer kitty.

Reports suggest City will react over the next 48 hours so stay tuned on this one.

vote it up!