There are lots of posts in different threads about it.
They are taking people into a "hold pool" by all accounts. This basically means you will wait until there is a spot for you on the type rating course. I guess that is when you pay Ryanair for the Type Rating, and then most likely do the course in East Mids.
Currently around 300 Cadets waiting to part with their hard earned cash.
Check out some of the other Ryanair threads.