CCC Discussion Thread Season 2010/11
Posted: Thu Jul 15, 2010 6:56 am
Foxes deny takeover deal
Leicester confirm talks are ongoing
Leicester City have denied that chairman Milan Mandaric has agreed a deal to sell the club.
Former Portsmouth owner Mandaric took control of the club three years ago, but he has been looking for fresh investment.
A Thailand-based consortium has been linked and reports had suggested a deal had been finalised.
But Leicester insists that, whilst talks are ongoing, no deal has been agreed for the sale.
A statement issued by the club said: "Contrary to media reports, Leicester City Football Club wish to confirm that no agreement has been reached with any parties regarding the acquisition of the club. Chairman Milan Mandaric has always maintained that he would welcome the right partner to help him move the club forward. Discussions have taken place with a number of interested parties but no agreement has been reached.
"If any discussions with any interested parties lead to concrete agreements regarding a partnership to assist in moving the club forward, Leicester City fans will be the first to know."
Leicester confirm talks are ongoing
Leicester City have denied that chairman Milan Mandaric has agreed a deal to sell the club.
Former Portsmouth owner Mandaric took control of the club three years ago, but he has been looking for fresh investment.
A Thailand-based consortium has been linked and reports had suggested a deal had been finalised.
But Leicester insists that, whilst talks are ongoing, no deal has been agreed for the sale.
A statement issued by the club said: "Contrary to media reports, Leicester City Football Club wish to confirm that no agreement has been reached with any parties regarding the acquisition of the club. Chairman Milan Mandaric has always maintained that he would welcome the right partner to help him move the club forward. Discussions have taken place with a number of interested parties but no agreement has been reached.
"If any discussions with any interested parties lead to concrete agreements regarding a partnership to assist in moving the club forward, Leicester City fans will be the first to know."