Ranson confirms £90m Eastlands plan
Wednesday, 25 April 2007 08:30Prospective Manchester City owner Ray Ranson has put plans in progress to take Manchester City to 'the next level' if his potential bid to take control of the club is successful.
Ranson yesterday issued a statement confirming his consortium's interest in the Eastlands club and, although he admitted that his proposals had not yet been welcomed by the City board, he said that he has big plans for his former club.
Reports suggest Ranson's group are sitting on a potential £90million offer - which would include wiping out a £20million debt owed to chairman John Wardle and his former business partner David Makin, plus a £20million transfer kitty - and Ranson issued a statement through the Stock Market clarifying his current position.
'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.
'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.'
