City Takeover Update
There has been much speculation in the media over the last twenty four hours with reference to a takeover of our Club. Our Club have released the following statement:-
"The Board of Manchester City notes the recent press speculation regarding thepossibility of an offer being made for the Company. Further to the Company's announcement on 7 December 2006, 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.
A further announcement will be made in due course as appropriate."
We have had many supporters and shareholders ask us to confirm our position. It is too early to assess what may or may not happen and we still stand by our statement of 15 February 2007:-
"We strongly believe that success on and off the pitch requires our Club, the shareholders, the community and most importantly the supporters to pull together as one.
The imminent formation of the Supporters Trust can play a part in delivering this by representing shareholders and supporters who have no representation or voice on the board of our Club. We continue to strongly believe and encourage shareholders and supporters, who want to play an active and positive part in the future of our Club, to stand up and be counted. Participating does not have to be via the Supporters Trust, it can be via the magnificent supporters clubs or other worthy supporters groups. The most important thing to remember, is that the key to future success lies in the hands of the supporters and shareholders and their active/ positive participation.
Action does speak louder than words, the time for apathy and disillusionment is over, it is time to contribute and meet the challenges that lie ahead.
We will actively support any investor who shares those views and wants to play their part in a successful all inclusive long term partnership. We are ready to play our part."
If you are an investor, a supporter, a shareholder or a member of the community please contact us at email@example.com we will treat all communication in the strictest confidence. Alternatively, come to our Open Meeting at 2pm on Sunday 4th March at the University of Manchester’s Renold Building, Sackville Street Complex, Altrincham Street, Manchester.
Further details and a map for the venue can be found on this blog here
Colin Howell, Colin Savage, Gavin Cooper, Ian Barton, Mickey Horan, Miles Webber & Ollie Goddard.
MCFC Supporters Trust Working Party