Supporters Trust Statement On Ray Ranson Takeover Bid
The Manchester City Supporters' Trust notes with interest the breaking news today regarding the potential bid for Manchester City from Ray Ranson's consortium, and Mr Ranson's subsequent confirmation of the offer.
The Trust continues to speak to fellow supporters, shareholders, potential providers of finance/ donations, interested parties, various industry professionals and most importantly continue to have the full support and regular input of Supporters Direct, the organisation that assists and supports the establishment and operation of Supporters' Trusts.
We are aware, in very broad terms, of the nature of Ray Ranson's proposals, including his vision for the future of Manchester City Football Club. Whilst the proposals are interesting and appear progressive, we must make it clear that we have not seen any detailed proposals and therefore cannot make any substantive comment on his offer.
The Manchester City Supporters' Trust has made it clear that it believes the supporters are the real custodians of our Club's best long-term interests and that the best way forward for Manchester City is for the owners and supporters to work in partnership.
Therefore we would welcome any investment that we believed was in the long-term interest of the club and its supporters but feel that a substantial shareholding under the umbrella of the Supporters' Trust, held both directly and indirectly, and working with the club management is the best solution.
Manchester City Supporters' Trust