Milan Mandaric has targeted leicester!

[Craig]

silence–noun

1. absence of any sound or noise; stillness.

[Fez of Mahrez]

silence–noun

1. absence of any sound or noise; stillness.

I bet they were the kids who always spoilt the sponsored silence at school.

FOR HEAVEN'S SAKE, THINK OF THE ORPHANS YOU BASTARDS!

[Hullfox]

I don't really see the benefit of a neutral stance.

Firstly, neutral - "not saying or doing anything that would encourage or help any of the groups involved in an argument or war:"

By getting into something of a battle with the Mercury who have (rightly or wrongly) fully supported the takeover from day one, it appears to me that the FT have abandoned their neutrality by appearing to be against the Mercury and therefore the bid. Regardless of any rubbish that the LM may have come up with or the fact that the FT are not professionals, the perception to many is that despite their protestations, they are anti.

Secondly, it seems to me that if this bid does not succeed, administration is a distinct possibility, a fact that would have to be made public.

Any other potential buyers if they consider things could quite easily wait until such time as administration occurs and purchase the club and it's assets for a lot less.

At worst, shares (including the FT's) will be worthless, we will be 10 points worse off, relegated and potentially snapped up by persons unknown looking to make a quick buck.

If MM takes over, our short term suvival as a club is safe. Longer term we don't have a crystal ball but I don't believe he's taken a club down (economically speaking).

Regardless of the intracacies of the numbers involved, do we really have a choice?

[Chrysalis]

They've attempted to do this, however they have stuffed it up on numerous occasions. The fact they aren't proffesionals is not an excuse, if they want to continue holding shares and carry on start having a say on what goes on at the club they're going to have to act alot more proffesionally IMO, otherwise they can do one asap, .

My worry is where will the FT stand if their shares are the key to getting 90% or not.

[davieG]

My worry is where will the FT stand if their shares are the key to getting 90% or not.

They can't be on there own.

[Ultra]

I don't really see the benefit of a neutral stance.

Firstly, neutral - "not saying or doing anything that would encourage or help any of the groups involved in an argument or war:"

By getting into something of a battle with the Mercury who have (rightly or wrongly) fully supported the takeover from day one, it appears to me that the FT have abandoned their neutrality by appearing to be against the Mercury and therefore the bid. Regardless of any rubbish that the LM may have come up with or the fact that the FT are not professionals, the perception to many is that despite their protestations, they are anti.

When the Mercury prints half a page of vitriolic and offensive anti-Trust letters, the Trust has no option but to defend itself. As I've pointed out before, the Trust officers know more about this bid than ill-informed readers of our local tabloid.

Secondly, it seems to me that if this bid does not succeed, administration is a distinct possibility, a fact that would have to be made public.

Scaremongering crap. There were other options available.

Any other potential buyers if they consider things could quite easily wait until such time as administration occurs and purchase the club and it's assets for a lot less.

Why should they want to do that, when we would have had points deducted and have players queuing up to leave, with NO prospects of replacements?

At worst, shares (including the FT's) will be worthless, we will be 10 points worse off, relegated and potentially snapped up by persons unknown looking to make a quick buck.

Once Mandaric takes over he will be free to sell the club whenever he wants, to a buyer of his choosing. The chances of it falling into unscrupulous hands are therefore that much greater.

If MM takes over, our short term suvival as a club is safe. Longer term we don't have a crystal ball but I don't believe he's taken a club down (economically speaking).

It's been proved many pages ago that he has. His ventures in America for example, didn't fare too well.

And as Ken Bates has shown at Leeds, control by a megalomaniac tycoon doesn't always guarantee success, no matter what record of success he may have at previous clubs.

Regardless of the intracacies of the numbers involved, do we really have a choice?

I would have thought so, but it appears from sources who were at Colchester that the shareholders have taken a different view.

[davieG]

I don't really see the benefit of a neutral stance.

Firstly, neutral - "not saying or doing anything that would encourage or help any of the groups involved in an argument or war:"

By getting into something of a battle with the Mercury who have (rightly or wrongly) fully supported the takeover from day one, it appears to me that the FT have abandoned their neutrality by appearing to be against the Mercury and therefore the bid. Regardless of any rubbish that the LM may have come up with or the fact that the FT are not professionals, the perception to many is that despite their protestations, they are anti.

Secondly, it seems to me that if this bid does not succeed, administration is a distinct possibility, a fact that would have to be made public.

Any other potential buyers if they consider things could quite easily wait until such time as administration occurs and purchase the club and it's assets for a lot less.

At worst, shares (including the FT's) will be worthless, we will be 10 points worse off, relegated and potentially snapped up by persons unknown looking to make a quick buck.

If MM takes over, our short term suvival as a club is safe. Longer term we don't have a crystal ball but I don't believe he's taken a club down (economically speaking).

Regardless of the intracacies of the numbers involved, do we really have a choice?

The only significant critcism they made of the Merc is the continuous use of the £25m, I support that and have asked the Merc to give me an explaination of where the got it from and how it is made up, they did not provide a satisfactory answer.

[Hullfox]

The only significant critcism they made of the Merc is the continuous use of the £25m, I support that and have asked the Merc to give me an explaination of where the got it from and how it is made up, they did not provide a satisfactory answer.

Move to Hull davie, they don't sell it up here.

[Daggers]

And as Ken Bates has shown at Leeds, control by a megalomaniac tycoon doesn't always guarantee success

So, Mandy is a megalomaniac tycoon is he Ultra? For one so quick to issue legal threats to other people you'd better hope he isn't litigious.

[Hullfox]

When the Mercury prints half a page of vitriolic and offensive anti-Trust letters, the Trust has no option but to defend itself. As I've pointed out before, the Trust officers know more about this bid than ill-informed readers of our local tabloid.

Surely it's of importance how it defends itself though. Not all people who read the Mercury are ill informed that's far too sweeping a statement.

Scaremongering crap. There were other options available.

Are you saying that administration is not a potential threat? What exactly were the other options? Have the FT informed their members of these other routes at all?

Why should they want to do that, when we would have had points deducted and have players queuing up to leave, with NO prospects of replacements?

As someone who knows about buying failing businesses, I would have thought that that scenario would attract more that it's fair share of corporate vultures, the exact sort of person we don't want sniffing round. Football would not be high on the list of priorities for some.

Once Mandaric takes over he will be free to sell the club whenever he wants, to a buyer of his choosing. The chances of it falling into unscrupulous hands are therefore that much greater.

It's been proved many pages ago that he has. His ventures in America for example, didn't fare too well. And as Ken Bates has shown at Leeds, control by a megalomaniac tycoon doesn't always guarantee success, no matter what record of success he may have at previous clubs.

Anyone who takes over will be free to sell when they like to whom they like. Why suspect MM's intentions over anybody else? I can't be arsed to trawl through pages of posts so will take your word on him not faring too well in the usa. No one will come with a guarantee of success but surely we don't even have a chance of success at the minute. The fans want hope and other than MM, I don't see where that's coming from. Certainly not from the present board and FT.

I would have thought so, but it appears from sources who were at Colchester that the shareholders have taken a different view.

What other realistic choice do we have?

[Hullfox]

So, Mandy is a megalomaniac tycoon is he Ultra? For one so quick to issue legal threats to other people you'd better hope he isn't litigious.

Mr Bates might be. Is he a proven megalomaniac tycoon?

[Manwell Pablo]

Surely it's of importance how it defends itself though. Not all people who read the Mercury are ill informed that's far too sweeping a statement.

Are you saying that administration is not a potential threat? What exactly were the other options? Have the FT informed their members of these other routes at all?

As someone who knows about buying failing businesses, I would have thought that that scenario would attract more that it's fair share of corporate vultures, the exact sort of person we don't want sniffing round. Football would not be high on the list of priorities for some.

Anyone who takes over will be free to sell when they like to whom they like. Why suspect MM's intentions over anybody else? I can't be arsed to trawl through pages of posts so will take your word on him not faring too well in the usa. No one will come with a guarantee of success but surely we don't even have a chance of success at the minute. The fans want hope and other than MM, I don't see where that's coming from. Certainly not from the present board and FT.

What other realistic choice do we have?

It's not as bad as Ultra is making out, he did have one club go into liquidation, but the American soccer league going into liquidation along with all the clubs in it might of had something to do with that, not exactly his fault. Soccer in the US has been generally unsuccessful since it started, all clubs have had problems not just Milans.

Nice is the most worrying example IMO, I went on their forum and asked a few questions about his time there. He did input his money but according to their fans he ran the club with a "NBA attitude" and was also described as a "Phantom president" he then sold the club to some dodgy Italian types. That’s the main worry IMO, if it all goes seriously Pete Tong in one way or another Mandaric doesn't need to make sure any buyer of this club has it's best interest at heart like the current board have done with him. He's not a Leicester fan so why should he care? Then again we aren't exactly in a position to sit and wait for a local buyer are we?

I get the impression the bloke learns from his mistakes and we all know how successful he was at Portsmouth and he was, he put a lot of time and effort into Portsmouth, and his opponents can have a go at him for Alan Perrin appointment all they want, in the end he put it right. From what I've read about him, his track record, and the fact the board have approved his offer I can't see any logical reason to be against this take over.

[Babylon]

Or is it...C) you have no control,influence or choice?

But the trust does as they are shareholders.

[Babylon]

We know alot more now though, we know the board have backed it for one.

I'll agree at the start I more than agreed for you and called for a bit of caution, but the board have looked it at the deal, approved it, and it's looking like the deal is going to go through now (touch wood) so maybe it's time to drop the netural stance.

Once the board back the final bid and distribute it to shareholders (which hasn't happened yet according to the FT as things were still being amended on Friday) I will drop my "neutral" stance.

Don't get me wrong I want the bloke to come in and turn us around. But as I know nothing about the bid it's difficult to say a 100% yes as others are on here.

For all we know the a winning bid could mean ground sharing, 50% ticket rises etc etc. If that happened i'm sure people would moan had the FT backed the bid from the beginning knowing full well it could happen. As unlikely as it is, if you are in a position to make the decision (a shareholder) it's a question you'd ask.

[Master Fox]

Mandaric hopes to complete his £25m takeover of Leicester this week. (Daily Mirror)

It's all set up for him to parade himself in front of the Sky camera's on Saturday!

[Geo V]

Mandaric hopes to complete his £25m takeover of Leicester this week. (Daily Mirror)

It's all set up for him to parade himself in front of the Sky camera's on Saturday!

I was thinking the same thing!

The toupee has already been ordered

[Fox in a Box]

Come on Mandy

Deal or no Deal

[Master Fox]

Milan deal: It's almost there!

By Bill Anderson (Legend)

Milan Mandaric is poised to complete his historic takeover of Leicester City this week.

All that remains to be done is to put the final touches to the formalities before an official announcement is made.

That will probably be on Thursday as there is a desire not to distract the players and manager Robert Kelly as the FA Cup third-round replay at Fulham is on the previous night.

The conclusion of the deal will be a relief to the fans, and Mandaric himself.

The end is finally in sight - two-and-a-half months after the Serbian-American millionaire announced his intention to make a £25million bid.

Mandaric watched another good City display in the 1-1 draw at Colchester on Saturday, and was clearly in a positive mood.

He said: "It (the deal) has taken longer than I expected, but it is very close now."

The news will come as a boost to the vast majority of fans who back the move, but have been wondering why it has been such a drawn-out process.

Their patience is soon going to be rewarded, it appears, as the uncertainty is drawing to a close.

Then everyone, especially Kelly and his squad, can get on with things. Recent displays suggest that the players are putting talk of the deal to the back of their minds.

Kelly says against Fulham they will need to continue to ignore off-the-field developments.

He said: "After a couple of bad defeats we have put together two good performances and that says something about the resolve of the players. It also helps us as we go into the Cup game.

"No-one expects us to win which puts the pressure firmly on Fulham because we are definitely the underdogs.

"But we were in the first match too and played really well to compete strongly with them, and we will be trying to do the same again."

Skipper Paddy McCarthy has a slight ankle injury which should not prevent him leading the side on Wednesday. Otherwise, City look in good shape - on and off the field

[Craig]

This is worth a read on another forum from a fan who met MM yesterday.

This confuses me as i saw McCahill driving him to the ground

[Fox in a Box]

McCahill was there too....

[Phlashman]

Isn't the guy top right the guy who killed Captain Kirk?

[Craig]

McCahill was there too....

Yeah but that post on TB says he was walking to the ground from the train station, yet when i saw him... he was with McCahill cruising past me in his flashy merc. Before later on walking past me on his way from the carpark to the main stand.

[Louise]

Milan deal: It's almost there!

By Bill Anderson

But Bill, I thought he was going to be in charge for the Colchester game

[Fox in a Box]

But Bill, I thought he was going to be in charge for the Colchester game

And Bill 'MILAN fly's in......' 'Deal Done' etc

Someone ought to ring up Trinity Mirror and ask how many more papers have been sold since the whole MM takeover started.

Whats Blanderson gonna do when its done and dusted!!

Nice not to hear Barber thou for the past two weeks.... lovely.

[Jon the Hat]

They are just mentioning the £25M to annoy the trust now. It has no place in that article, as the bid is clearly closer to 25p than £25M.