Has A Deal Been Done?
Typical of City, confusion seems to be reigning over the much speculated takeover from Thailand.
From all the reports today allegedly quoting Ranieri, you would get the impression that he is our next manager and that the deal is now a formality and just needs rubber stamping.
Yesterday's withdrawal of the Ranson interest further heightened speculation that the City takeover was now a one horse race and would seem to put the Shinawatra bid in a very strong position and now the only game in town.
However, balance that against other, more worrying reports that Shinawatra's interest is now cooling with the bid now being in danger as a result of the due diligence process, and you begin to wonder just what the hell is going on.
It does seem very odd that Ranieri appears now to be waxing lyrical in a way that more than suggests he knows something about the takeover that we don't, or it is a bad case of counting one's chickens?
My knowledge of corporate takeovers is rudimentary to say the least, but I don't recall seeing or hearing official confirmation from the Stock Market that a formal offer has indeed be made.
Have I missed it or can anyone out there confirm this one way or another?
It's all very worrying !
11 comments:
I fear we are about to snatch defeat from the jaws of victory. Only the Board (& Shinawatra) know what is really happening and the Board owe it to the fans to come clean
an insider assures me Ranieri is a done deal and the take over will be complete by next week.
Put your money on the Yanks !!!
Some of the contributions on fan's message boards are less than objective.
..... and ????
News management
All this insider stuff is... Bull! no-one knows anything!
I hope this takeover amalgamated shortly and some transfer kitty is made available to our new boss whoever he is?..
i think that we will only be happy if it all goes pear shaped . Most city fans dont see the glass as half full . Its half empty , Chipped and there is something floating in it and it aint cream
Aye..... we're not Bitters for nowt ;-)
Regarding Thaksin Shinawatra’s Takeover of Manchester City Football Club
ATTENTION:
1. The Board of Manchester City Football Club
2. London Stock Exchange
3. Manchester City Supporters
QUESTION:
How well do you know Thaksin?
FACTS:
- The man was deposed from Thailand’s Premiership under accusations of massive corruptions among other things.
- The man has been under extensive investigation by the Assets Examination Committee which is founded to especially deal with corruption in the previous government.
- Some of the cases under the Assets Examination Committee have already been prosecuted in the court of law.
- The government had already stated that the corruption cases against him are rock-solid and by year’s end there will be decisions.
- Manchester City is a world-renowned football club.
- Manchester City has a long and illustrious history as well as popular followings in the UK and around the world.
- Manchester City is currently listed in the London Stock Exchange.
CONSIDERATIONS:
- If Thaksin is successful in his attempt to takeover Manchester City, there will certainly be investigation by the Thai government concerning where his source of capitals come from. This will increase the chance of convicting him in court.
- If Thaksin is found guilty, it is more than likely that the Thai authority would proceed to file for his assets confiscation.
- Imagine what an uproar the filing for assets confiscation would cause:
o prolong legal battles that lead to court orders of years of impoundment of assets
o repercussion on the previously unblemished image of the club
o negative reactions from the club’s shareholders
o sustained disruptions that would put the club in most uncalled-for predicament and distract it away from putting effort on the football pitch.
--------------------------------------------------
Could you honestly imagine Thaksin aquiring the club, and the Thai Government attempting to Freeze assets?
MCFC Against Thailand
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