Milan Mandaric has targeted leicester!

[He's not bald]

Six hundred and five quid.

Look's like some summer overtime then..cuz all I got is the fiver!

[Parky]

From the BBC gossip site......

Milan Mandaric will give Leicester manager Rob Kelly £3m to save the Foxes from relegation when he completes his takeover of the club this week. (The Sun)

[Mort]

From the BBC gossip site......

Milan Mandaric will give Leicester manager Rob Kelly £3m to save the Foxes from relegation when he completes his takeover of the club this week. (The Sun)

No Milan... dont give it to Rob! He wont have a clue what to do with it!

[Jon the Hat]

From the BBC gossip site......

Milan Mandaric will give Leicester manager Rob Kelly £3m to save the Foxes from relegation when he completes his takeover of the club this week. (The Sun)

I love stories like this. They just pick a figure that is low enough to sound like it might just be true, and high enough to get our hopes up....

[Master Fox]

From the BBC gossip site......

Milan Mandaric will give Leicester manager Rob Kelly £3m to save the Foxes from relegation when he completes his takeover of the club this week. (The Sun)

Wow, £3m!! I wonder if Milan actually told the sun that was his intention?

[renards]

Wow, £3m!! I wonder if Milan actually told the sun that was his intention?

the sun have just chopped up the mercurys article and add a figure

believe it when it happens

[Master Fox]

the sun have just chopped up the mercurys article and add a figure

believe it when it happens

I think that it's pretty difficult to put a figure on how much money will initially be spent because if a player who has been targeted will cost some extra cash I'm sure Milan will chip in a little more to land the player?

I would anticipate Milan’s reign to be publicly confirmed either today or tomorrow. Time is of the essence, the club cannot afford anymore delays. It still baffles me why the takeover has been so drawn out to the point where it may not have any affect on our season whatsoever

[davieG]

Posted By Soho Fox

More questions I'm afraid:

1. Did you meet MM on saturday afternoon whilst on your vol au vent hunt? He was in the VIP areas from 1.30 to 6.00 ish.

2. If so did you take the opportunity to mention to him what you told Radio Leicester earlier in the day that as a shareholder you hadn't yet received any formal offer from him to consider?

3. Did you tell him that you didn't expect to receive a formal offer document to consider until 15th January?

4. If so why is MM telling The Mercury, The Times, The Guardian and The Independent - at least one of whom appears to have interviewed him on Platform 3 at London Road Station as he was waiting to get the 6.34 back to London - that he thinks the deal will all be done either by Colchester away or the Fulham replay?

5. How come you have been very laid back about the transfer deadline saying there won't be much done for us except maybe the odd loan deal - when MM says he is very keen to get experienced bodies in before the deadline to help the young 'uns?

6. How come you said on RL on Saturday morning that you couldn't begin to predict how the shareholders would vote once they received the formal bid document - when all and sundry are virtually saying it's a done deal and all over bar the shouting?

7. Could it be that the bigger shareholders have all been tapped up already and given this deal the thumbs up so at least 90% are in the bag and the jolly old Trust has been left out of these discussions for some reason?

8. If this deal does look finally like it's going ahead sooner rather than later, is there any chance the Trust could show a tad more enthusiasm and not behave like MM has just piddled on your chips?

Soho - here goes then

1)The Trust board member on Directors Box duty did speak to MM briefly, no new information gained.

2)Little point as he would know that anyway.

3)Again little point, as the plan is for MM to submit it to the club on Friday and as the documents have to be posted the earliest receipt is most likely Monday

4)Only MM can explain that one, to make it clear he has asked for some additional information and then will submit his offer having received it. Each time there is a delay MM uses the media to infer the LCFC board has delayed the deal, both parties have consistently played their part in the delays throughout.

The only "riders" to points 2-4 would be if the plans changed today.

5) Experienced bodies can be obtained on loan, it is interesting when you only extract the MM actual quotes from the article and not pay any attention to "Splash the Cash" headline, which he doesn't say at all, the sensational headlines from Anderson go from bad to worse

6)Because all shareholders need to see the full contents of the offer, the vast majority at the EGM were in the "let's explore and get some details" camp, as they still haven't had those details it really does make it harder to predict than you would think. If certain things are included we think it would go through, but we are far from certain if they will be or not.

7)It is an obvious approach to go for the larger shareholders first, but we come under that catagory being in the Top 15 out of 48, however we know the details of each bid anyway as the board reviews each revised proposal first and our Observer is part of those discussions.

8)If Anderson stopped being the PR agent for MM and over hyping what MM will deliver, we would spend far less time having to play down the bid and trying to get expectations to a reasonable level. There is no-one else addressing this currently, so we feel we have to play this role and hence why many think we are not keen on the bid.

If once the bid is received and we have time to review the contents, the Trust feels it is the best way forwards, then we will say so, with the aim of holding a members meeting first to gather viewpoints.

--- Post edited by Foxes_Trust on 8/1 23:42 ---

[davieG]

I think that it's pretty difficult to put a figure on how much money will initially be spent because if a player who has been targeted will cost some extra cash I'm sure Milan will chip in a little more to land the player?

I would anticipate Milan's reign to be publicly confirmed either today or tomorrow. Time is of the essence, the club cannot afford anymore delays. It still baffles me why the takeover has been so drawn out to the point where it may not have any affect on our season whatsoever

I doubt very much we'll see much if any cash spent, loans of 'experienced players, probably on high wages will be the order of the day.

[luffbra]

From today's Mercury ... I always get the feeling that the Foxes Trust want this to fail ...

"The Foxes Trust says it is unclear whether Milan Mandaric's bid for Leicester City will "receive enough backing from shareholders" to go through.

Mandaric is expected to formally table his offer for the club within the next week, almost two months since the extraordinary general meeting (EGM) at which shareholders gave the businessman the green light to look at the club's books.

The Trust, in an email circulated to members, said Mandaric's indicative offer has changed a number of times since the EGM.

And the supporters group, which was unavailable for comment, claimed it was difficult to predict if his formal bid would be successful.

The Mercury understands the board have agreed to accept Mandaric's revised terms, and will recommend the deal to the shareholders.

However, the email, a copy of which has been obtained by the Mercury, said: "The Trust board cannot predict whether the final offer from Mandaric will receive enough backing from shareholders or not.

"We are certainly aware of shareholders who are totally in favour, and a few who expressed serious reservations at the extraordinary general meeting (EGM).

"However, the vast majority at the EGM wanted much more information, and that makes it very difficult to predict."

The email added: "The shareholders at the EGM in November agreed unanimously to proceed with discussions, however many indicated at the meeting they needed much more information before they would commit to selling their shares.

"We still don't know if the final bid document will provide enough details to satisfy the vast majority of shareholders."

In the email, the Trust also admitted City would have to form a "plan B" for investment should Mandaric's bid fail.

"If the Mandaric deal falls through, then the LCFC board will need to put in place a plan B very quickly to generate additionally funding," it said.

"Currently the board cannot approach other parties due to an exclusivity clause in the Mandaric indicative bid document, however other options were being looked at prior to the receipt of the Mandaric indicative bid, so we would anticipate a further flurry of activity should this be the situation."

The Trust's email also claimed that reports suggesting Mandaric's bid amounts to £25 million are "misleading", although it does not provide alternative figures.

The Trust is confident of remaining a shareholder should the Serbian-American successfully compete his takeover. It also hopes to form part of an "advisory board" in the aftermath of a takeover.

The fans group said: "Working with the club we have sought to find a way for the Trust to retain its shareholding in the club without having any impact on the takeover deal. This looks likely to happen.""

[Manwell Pablo]

From today's Mercury ... I always get the feeling that the Foxes Trust want this to fail ...

"The Foxes Trust says it is unclear whether Milan Mandaric's bid for Leicester City will "receive enough backing from shareholders" to go through.

Mandaric is expected to formally table his offer for the club within the next week, almost two months since the extraordinary general meeting (EGM) at which shareholders gave the businessman the green light to look at the club's books.

The Trust, in an email circulated to members, said Mandaric's indicative offer has changed a number of times since the EGM.

And the supporters group, which was unavailable for comment, claimed it was difficult to predict if his formal bid would be successful.

The Mercury understands the board have agreed to accept Mandaric's revised terms, and will recommend the deal to the shareholders.

However, the email, a copy of which has been obtained by the Mercury, said: "The Trust board cannot predict whether the final offer from Mandaric will receive enough backing from shareholders or not.

"We are certainly aware of shareholders who are totally in favour, and a few who expressed serious reservations at the extraordinary general meeting (EGM).

"However, the vast majority at the EGM wanted much more information, and that makes it very difficult to predict."

The email added: "The shareholders at the EGM in November agreed unanimously to proceed with discussions, however many indicated at the meeting they needed much more information before they would commit to selling their shares.

"We still don't know if the final bid document will provide enough details to satisfy the vast majority of shareholders."

In the email, the Trust also admitted City would have to form a "plan B" for investment should Mandaric's bid fail.

"If the Mandaric deal falls through, then the LCFC board will need to put in place a plan B very quickly to generate additionally funding," it said.

"Currently the board cannot approach other parties due to an exclusivity clause in the Mandaric indicative bid document, however other options were being looked at prior to the receipt of the Mandaric indicative bid, so we would anticipate a further flurry of activity should this be the situation."

The Trust's email also claimed that reports suggesting Mandaric's bid amounts to £25 million are "misleading", although it does not provide alternative figures.

The Trust is confident of remaining a shareholder should the Serbian-American successfully compete his takeover. It also hopes to form part of an "advisory board" in the aftermath of a takeover.

The fans group said: "Working with the club we have sought to find a way for the Trust to retain its shareholding in the club without having any impact on the takeover deal. This looks likely to happen.""

IMO This is far from attempting to keep the supporters feet on the ground, .

I think the FT should shut up and not interfere with something that is way over their heads. They've been a nuisance through out.

[luffbra]

IMO This is far from attempting to keep the supporters feet on the ground, .

I think the FT should shut up and not interfere with something that is way over their heads. They've been a nuisance through out.

Well said!!

[fosseman]

Well said!!

Yes, the Trust should cough and stop trying to upset the supporters.

[disheartened fan]

Its about time the foxes trust went away..............permenantly.

[davieG]

IMO This is far from attempting to keep the supporters feet on the ground, .

I think the FT should shut up and not interfere with something that is way over their heads. They've been a nuisance through out.

I disagree completely the Trust are stating the situation as they see it, the Mercury have not been involved in the negotiations, have not seen the bid, I would imagine it to be illegal for them to have done so yet critcise the FT for "suggesting Mandaric's bid amounts to £25 million are "misleading", whilst not providing alternative figures, well if the bids not been formally made there can be no alternative figures and if there were they couldn't legally say what they were whilst negotiations are taking place.

The Mercury themselves have provided no evidence at all that the bid is anything like £25 mill.

The Mercury have been saying for weeks it's a done deal, well if it is how come it hasn't yet been done and that no formal bid has been lodged?

The FT may be being over cautious but the Mercury is playing a game that is misleading and direspectful of the fans.

I'm a FT member and I was quite happy with that email sent to members, with the Trust still demonstating that in the absence of any formal bid they are neither for or against the bid.

[Louise]

The way the Merc have behaved throughout this whole MM deal is IMO disgraceful. I had little respect for them before, but this has lowered them further in my opinion than I thought it was possible to go.

[Manwell Pablo]

The way the Merc have behaved throughout this whole MM deal is IMO disgraceful. I had little respect for them before, but this has lowered them further in my opinion than I thought it was possible to go.

I just aviod the paper as a whole, , have done for a long time.

[Muz]

I wish the bastard Foxes Trust would take there head out there arses' and do something useful and f**k off!!!!

[Jon the Hat]

I wish the bastard Foxes Trust would take there head out there arses' and do something useful and f**k off!!!!

Thanks for adding something constructive

[Daggers]

...Posted By Soho Fox

... 8. If this deal does look finally like it's going ahead sooner rather than later, is there any chance the Trust could show a tad more enthusiasm and not behave like MM has just piddled on your chips?

Soho - here goes then

... 8)If Anderson stopped being the PR agent for MM and over hyping what MM will deliver, we would spend far less time having to play down the bid and trying to get expectations to a reasonable level. There is no-one else addressing this currently, so we feel we have to play this role and hence why many think we are not keen on the bid.

--- Post edited by Foxes_Trust on 8/1 23:42 ---

Foxes Trust,

Why do you place yourselves in this self-appointed role?

None of the other shareholders are going out of their way to counterbalance Mandaric's press coverage - so why you lot? Why is no one else bothered, or bothered to report, this except you?

[Daggers]

IMO This is far from attempting to keep the supporters feet on the ground, .

I think the FT should shut up and not interfere with something that is way over their heads. They've been a nuisance through out.

To be fair, this email was copied onto this forum by myself last week and no one said anything of note about it.

The Merc have dredged this up, sexed it up and are using it to fill space on a poor news day.

Who'd have ever thought the Foxes Trust and sex would be mentioned in the same post?

[The People's Hero]

To be fair, this email was copied onto this forum by myself last week and no one said anything of note about it.

The Merc have dredged this up, sexed it up and are using it to fill space on a poor news day.

Who'd have ever thought the Foxes Trust and sex would be mentioned in the same post?

Unless containing the words non-consensual, the honest answer is never.

[Manwell Pablo]

To be fair, this email was copied onto this forum by myself last week and no one said anything of note about it.

The Merc have dredged this up, sexed it up and are using it to fill space on a poor news day.

Who'd have ever thought the Foxes Trust and sex would be mentioned in the same post?

I must of missed it, I've only recently started reading this thread again as TBH it got boring.

I only read the bits in quotes so I don't think the Mercs way of putting it really has had much of a effect on my opinion.

It's a stupid statement, I don't want to hear that certain shareholders are against it, of course they are whats their point? The shareholders probabley were a bit unsure back at the EGM but it's January now and the Board have advised that the offer be accepted so I obviously something has changed, it's a totally needless statment which drags up the EGM for no reason.

I think most member of the FT are well aware of what the Mercury are like with out E-mail like that being sent to them, I'm unsuprised the Merc have used it to their advantage, it's not hard to make the FT look stupid and the mercury have proved this by showing even they can manage it.

[Ultra]

I disagree completely the Trust are stating the situation as they see it, the Mercury have not been involved in the negotiations, have not seen the bid, I would imagine it to be illegal for them to have done so yet critcise the FT for "suggesting Mandaric's bid amounts to £25 million are "misleading", whilst not providing alternative figures, well if the bids not been formally made there can be no alternative figures and if there were they couldn't legally say what they were whilst negotiations are taking place.

The Mercury themselves have provided no evidence at all that the bid is anything like £25 mill.

The Mercury have been saying for weeks it's a done deal, well if it is how come it hasn't yet been done and that no formal bid has been lodged?

The FT may be being over cautious but the Mercury is playing a game that is misleading and direspectful of the fans.

I'm a FT member and I was quite happy with that email sent to members, with the Trust still demonstating that in the absence of any formal bid they are neither for or against the bid.

The Mercury is like any other tabloid in this day and age.

It will publish any story it feels its readers may wish to read, regardless of whether it's true or not.

Also remember that this was the paper that said Mandy would be in charge by Christmas.

We don't trust them with their dodgy match reports, so why should we believe them on this issue either?

[davieG]

Foxes Trust,

Why do you place yourselves in this self-appointed role?

None of the other shareholders are going out of their way to counterbalance Mandaric's press coverage - so why you lot? Why is no one else bothered, or bothered to report, this except you?

Perhaps because they only represent themselves!