Tuesday, May 01, 2007

Reaction To Reported Thaksin Shinawatra Interest In MCFC

The Manchester City Supporters' Trust notes with interest the news today that Thaksin Shinawatra has confirmed via his representatives that he has made an indicative offer for Manchester City.

We are not aware of any of Thaksin Shinawatra's proposals or his vision for the future of Manchester City. Until details of his proposals are made public or a formal offer made, we cannot make any substantive comments.

If or when a formal takeover bid is made for Manchester City, shareholders and supporters alike will want to know what the implications are and whether it is in our Club's best interests. We are confident that the team of professionals we have assembled to advise us will be able to scrutinise any offers in detail, raise areas of concern and answer many of the questions that arise.

The Manchester City Supporters' Trust has made it clear, and will continue to make 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.

We welcome any investment that is genuinely in the long-term interest of our Club and supporters but re-iterate 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

2 Comments:

At 8:11 am, Blogger St Petersburg Blue said...

Thaksin is a football fan and has the funds to bankroll City to the next level. I keep reading stories about alleged 'human rights abuses' but what Thaksin's opponenets aren't saying is that his government was responsible for a period of sustained economic growth in Thailand coupled with a period of major social reform. For example, the poor in Thailand now have access to affordable, quality healthcare, whereas before Thanksin's tenure as PM they had no such facility. I for one am looking forward with anticipation to viewing substantive detail contained within any forthcoming proposal for MCFC, notwithstanding that it should be given appropriate scrutiny.

 
At 10:23 pm, Blogger St Petersburg Blue said...

further to my post about thaksin.. he may need to explain what he's doing in the photo on my blog!

http://citeh-citeh.blogspot.com

 

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