Chairman of the Bored Posted 1 November 2006 Posted 1 November 2006 In the words of David Gray....."sell, sell, sell." This amount of investment doesn't come along every day now, does it? The Board have to say "yes" unless they can match it. Mandaric didn't asset strip at Pooroldpompey, he built. No reason he won't do the same here. A 5 year plan and then sell it to a multi-millionaire Latvian (or someone). I'm off to O'Neill's for a Guinness or....five.
blue blood Posted 1 November 2006 Posted 1 November 2006 we must take it, get our ground back, get 100% debt free - its worth it just for that.
Fox in a Box Posted 1 November 2006 Posted 1 November 2006 Yeah, we could be like the FoxesTalk Trust I put my name forward for CEO!
escape2victory Posted 1 November 2006 Posted 1 November 2006 you can also wait too long. if we wait 3-4 days to see what the tigers put togeather then we run the real risk of making milan feel unwanted and pull out - which he can do. u obviously know nothing about business, funny tho !!
Fox in a Box Posted 1 November 2006 Posted 1 November 2006 Get Noel (tidy beard) Edmonds to do the bidding war Deal or no Deal
blue blood Posted 1 November 2006 Posted 1 November 2006 u obviously know nothing about business, funny tho !!
blue blood Posted 1 November 2006 Posted 1 November 2006 Get Noel (tidy beard) Edmonds to do the bidding war Deal or no Deal i will be the banker
Yaxx Posted 1 November 2006 Posted 1 November 2006 Businessman Milan Mandaric has put forward his £25 million offer to buy Leicester City. "My aim is to reawaken Leicester City and aspire to the dreams of their passionate supporters and bring Premiership football back to the club at the earliest opportunity." That's what I like to hear! Fantastic news! :thumbsup: Unless any other bid is spectacularly good then the board would be complete muppets not to accept the bid from Mandaric. Some of our players had better start pulling their socks up else they're going to suddenly find themselves playing League 1 football elsewhere - especially after last night's woeful perfomance in midfield.
Phlashman Posted 1 November 2006 Posted 1 November 2006 The news was just on BBC News 24, but the news reader ended the report with the rather negative "Leicester have only won 5 games in the last 15" rather than something positive like "Leicester are currently unbeaten in 8". Probibly a Derby fan.
bold_fox Posted 1 November 2006 Posted 1 November 2006 That's what I like to hear! Fantastic news! :thumbsup: Unless any other bid is spectacularly good then the board would be complete muppets not to accept the bid from Mandaric. Some of our players had better start pulling their socks up else they're going to suddenly find themselves playing League 1 football elsewhere - especially after last night's woeful perfomance in midfield. What was the score last night ? ? ? ? That the sign of a good side ! play badly but win
Master Fox Posted 1 November 2006 Posted 1 November 2006 In the words of David Gray....."sell, sell, sell." This amount of investment doesn't come along every day now, does it? The Board have to say "yes" unless they can match it. Mandaric didn't asset strip at Pooroldpompey, he built. No reason he won't do the same here. A 5 year plan and then sell it to a multi-millionaire Latvian (or someone). I'm off to O'Neill's for a Guinness or....five. Can i come please?
filbertboy Posted 1 November 2006 Posted 1 November 2006 What was the score last night ? ? ? ? That the sign of a good side ! play badly but win Its great news - just hope the board do it right and dont let this opportunity slip by- I work with a tigers fan and wud love to say u can stick your oval ball up your axxe ! were back !!
Yaxx Posted 1 November 2006 Posted 1 November 2006 What was the score last night ? ? ? ? That the sign of a good side ! play badly but win Mmmm. I think that was a more a sign that Stoke were more of a joke than us. Nevertheless, you're right about the score and the result is definately what mattered.
davieG Posted 1 November 2006 Author Posted 1 November 2006 Source With Milan's money Leicester can become another Blackburn, Bolton or West Ham, says Holmes By Mark Shail 01-11-06 BBC sports presenter and former England international Gary Lineker is backing Milan Mandarics attempted takeover of Leicester City. Lineker, a shareholder along with top football agent Jon Holmes, was a prominent figure when the club was rescued four years ago and the pair will listen to Mandaric's offer when he makes his formal proposal this week. Through the efforts of Holmes and Lineker, around £6.5 million was raised from 55 investors to keep the club afloat. The likelihood is that the former Portsmouth owner will gain full control of the club and both Holmes and Lineker are set to give Mandaric their support. Holmes said: "When I went around asking for money from people to rescue Leicester City I hoped then that a rich benefactor might come forward. Now he has. I've talked about this with Gary and he is of the same opinion as me that, if we like what he has to say, then we will back Milan Mandaric to be the new owner of Leicester City." Lineker and another former Foxes legend, Emile Heskey, are among the 55 shareholders Mandaric has to convince. His £25 million offer will consist of £10 million going straight into the club and another £15 million to buy the ground off American bankers Teachers. Mandaric needs 30 per cent of the shares and then he can make an offer for the remainder and he hopes the process will be completed by Christmas. He would then make funds available to buy players in the January window. City made a £6 million profit last season after a £3.5 million loss the year before, the club recovering from debts reported to be in the region of £45 million. Holmes added: "If there is somebody else out there, whether they be foreign or Leicester-based, who wants to come and make a bid, then let them come forward as well and we'll see what they've got to offer. But we know about Milan Mandaric. He has got a good track record at Portsmouth, he knows how English football works. "This is the way forward for Leicester, it's gone about as far as it can go under the current arrangement. Leicester is attractive to Mr Mandaric. There is no ground to build, there's an excellent one he can buy back, there's good support and no other club within a 25-mile radius. "I don't know what Mr Mandaric's thought are on this, but I would give our current manager Rob Kelly an opportunity. He has done well so far on limited resources and if there are some funds for him in the January transfer window then Mr Mandaric could see how he does to make a judgement. "This is the Championship remember, you are not going to come sweeping in with a big name like Sven-Goran Eriksson. On the other hand, both Gary and I think there is no reason why Leicester cannot become another Blackburn, Bolton or West Ham in the Premiership."
The Don Posted 1 November 2006 Posted 1 November 2006 The news was just on BBC News 24, but the news reader ended the report with the rather negative "Leicester have only won 5 games in the last 15" rather than something positive like "Leicester are currently unbeaten in 8". Probibly a Derby fan. Talking bout derby fans, bill anderson has actually wrote a decent article for once!!
gatesheadfox Posted 1 November 2006 Posted 1 November 2006 Gary and I think there is no reason why Leicester cannot become another Blackburn we are going to win the league then how good!
Fox in a Box Posted 1 November 2006 Posted 1 November 2006 A club statement read: "We can confirm the club have received an offer and this will be given due consideration." QUICK THEN!
Benji Posted 1 November 2006 Posted 1 November 2006 Holmes added: "If there is somebody else out there, whether they be foreign or Leicester-based, who wants to come and make a bid, then let them come forward as well and we'll see what they've got to offer. But we know about Milan Mandaric. He has got a good track record at Portsmouth, he knows how English football works. "This is the way forward for Leicester, it's gone about as far as it can go under the current arrangement. Leicester is attractive to Mr Mandaric. There is no ground to build, there's an excellent one he can buy back, there's good support and no other club within a 25-mile radius. Excellent stuff, the first time someone from the club has come out a publicly offered our club to people. Times like these make you happy the likes of Lineker, Heskey etc saved our club, because you know they will think the same as we do, as city fans. (Let's face it they have enough money as it is )
Master Fox Posted 1 November 2006 Posted 1 November 2006 we are going to win the league then how good! Wembley May 2007 !!!!
Thracian Posted 1 November 2006 Posted 1 November 2006 we are going to win the league then how good! If only it were that simple.
davieG Posted 1 November 2006 Author Posted 1 November 2006 Official Statement Leicester City today confirmed they have received a formal offer for the club from former Portsmouth chairman Milan Mandaric. The offer is one of a number of options available to the club in terms of generating new investment to fund the club's ambitions. Mr Mandaric's offer will be considered in due course as the directors consider the best way forward for the club. A club statement said: "We have received an offer from Mr Mandaric and this will be given full consideration. "We have a number of options available to the Board and it is imperative that the right decision is taken to safeguard, protect and develop the best interests of the football club in the short, medium and long term. "As soon as is practically possible, the club will communicate further with shareholders, supporters and staff."
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