holly Posted 30 October 2006 Share Posted 30 October 2006 The OS has said they have had interest from a few investors????? is that so it doesn't give away its milan or do you reckon there are other people with his sort of money who wanna buy the club??? Link to comment Share on other sites More sharing options...
Unit Posted 30 October 2006 Share Posted 30 October 2006 An update on the mercury website just now says the yanks want us too. Link to comment Share on other sites More sharing options...
holly Posted 30 October 2006 Author Share Posted 30 October 2006 An update on the mercury website just now says the yanks want us too. what yanks??? i would rather have someone we have actually heard of Link to comment Share on other sites More sharing options...
Master Fox Posted 30 October 2006 Share Posted 30 October 2006 An update on the mercury website just now sasy the yanks want us too. Yanks with with lot's of cash i hope? Link to comment Share on other sites More sharing options...
bold_fox Posted 30 October 2006 Share Posted 30 October 2006 Is that it from the OS ? ? ? Surely we're going to get more info than that ? ? ? God this is frustrating.... but exciting. Link to comment Share on other sites More sharing options...
davieG Posted 30 October 2006 Share Posted 30 October 2006 Is that it from the OS ? ? ?Surely we're going to get more info than that ? ? ? God this is frustrating.... but exciting. I'm surprised you were expecting anything more substantial. We wont hear anything more solid from the board until it's signed, sealed and delivered. Unless there's a bidding war. Link to comment Share on other sites More sharing options...
davieG Posted 30 October 2006 Share Posted 30 October 2006 A bidding war it is then! From the Merc BY BILL ANDERSON CHIEF SOCCER WRITER 10:15 - 30 October 2006 A bidding war is set to be launched between millionaire businessman Milan Mandaric and a number of American companies who want to take over Leicester City. The cash-strapped club is set to listen to offers from interested parties later this week. Former Portsmouth chairman Mandaric is expected to launch a £25 million bid for the Foxes. But he is said to be among several interested parties who want to take control of the club. Other bidders are understood to involve some American concerns similar to the Glazer family, who bought Manchester United, and Aston Villa's new owner, Randy Lerner. City today confirmed that Mandaric, a Serbian-American businessman who has been linked with City ever since he severed ties with Portsmouth earlier this season, is the front-runner. His bid is expected in the next few days. If City accept his offer they will ease their financial difficulties at a stroke. A statement from the club said: "We can confirm that the club has been actively looking at methods of generating new investment into the football club. "Discussions have been held with a number of interested parties and the board is considering a number of options. The club will communicate further with shareholders, supporters and staff as soon as is practicably possible." The suggested bid of about £25 million would be enough to clear the club's debt, restore the ownership of the Walkers Stadium and leave enough money for a transfer fund for new players. Mandaric is credited with restoring Portsmouth's fortunes and, while his dream of a new Fratton Park stadium never materialised under his reign, the Walkers Stadium means he will not have to crusade for a new ground. He made his fortune from a string of businesses in America and Croatia. He has previously owned Belgian club Standard Liege and French outfit Nice. He took over at Portsmouth in 1998, and his cash laid the groundwork for the struggling Division One side to be transformed into a Premiership club. Since leaving Portsmouth he has been continually linked with Leicester. He recently said the challenge of steering another Championship club to the top flight was "appealing". Earlier this month, City announced the club made a £1.6 million profit last season, compared to a loss of £3.5 million the year before. Club bosses said the figures highlighted the fact the club had tightened its belt since it collapsed in 2002, owing £50 million. The fan-base and modern stadium help to make the club appealing to potential investors. Leicester City Supporters' club chairman Cliff Ginetta said: "I think that as long as the board and the shareholders are happy with the deal the fans will certainly welcome it. "We need someone with money to invest - that's been the only thing holding us back. The fans have been talking about this for a long time and I think most would welcome Mandaric." Link to comment Share on other sites More sharing options...
Katy Posted 30 October 2006 Share Posted 30 October 2006 Just heard on SSN that there will be 'some sort of announcement' within the next 48 hours. Couldnt hear very well as the washing machine was on but thats the gist of what I heard. The plot thickens..... Link to comment Share on other sites More sharing options...
Jon the Hat Posted 30 October 2006 Share Posted 30 October 2006 Just heard on SSN that there will be 'some sort of announcement' within the next 48 hours. Couldnt hear very well as the washing machine was on but thats the gist of what I heard. The plot thickens..... Sounds to me like the American link is a smokescreen. It's Mandy, and it's bascially signed a sealed. The Board will be busy trying to secure their jobs, and Mandy will be meeting with them and the manager. It's on. Wait and see! Link to comment Share on other sites More sharing options...
Hullfox Posted 30 October 2006 Share Posted 30 October 2006 Just heard on SSN that there will be 'some sort of announcement' within the next 48 hours. Couldnt hear very well as the washing machine was on but thats the gist of what I heard. The plot thickens..... Well done Kayteh. I have shown your post to Mrs Hullfox and pointed her in the direction of the washing machine. You set a good example. Link to comment Share on other sites More sharing options...
Jamesino_LCFC Posted 30 October 2006 Share Posted 30 October 2006 not to be too optimistic but champions league here we come haha!!! COULDNT AGREE MORE Just seen on the news that he has been speaking with the club for months now, he is impressed with Leicester's form and it is certainly looking possible now :D Link to comment Share on other sites More sharing options...
holly Posted 30 October 2006 Author Share Posted 30 October 2006 i`m extremely excited and nervous about this Link to comment Share on other sites More sharing options...
nhfox Posted 30 October 2006 Share Posted 30 October 2006 i`m extremely excited and nervous about this That's exactly how I feel... Link to comment Share on other sites More sharing options...
DanTheFoxBhoy Posted 30 October 2006 Share Posted 30 October 2006 Leicester City Supporters' club chairman Cliff Ginetta said: "I think that as long as the board and the shareholders are happy with the deal the fans will certainly welcome it. I'm sure the fans will need to welcome it regardless of whether the board and shareholders are happy with it! Milton Keynes, here we come Link to comment Share on other sites More sharing options...
gatesheadfox Posted 30 October 2006 Share Posted 30 October 2006 COULDNT AGREE MORE Just seen on the news that he has been speaking with the club for months now, he is impressed with Leicester's form and it is certainly looking possible now :D our form would like good to a potential investor, the consecutive unbeaten league games shows our team is halfway there. a few more quid and hopefully we will be more confident with going forward and who knows what is next back to some excitement after some pretty non-eventful years Link to comment Share on other sites More sharing options...
davieG Posted 30 October 2006 Share Posted 30 October 2006 OFFICIAL STATEMENT Leicester City today (Monday) issued the following statement: "We can confirm that the club has been actively looking at methods of generating new investment into the football club. "Discussions have been held with a number of interested parties and the Board is currently considering a variety of options. "The club will communicate further with shareholders, supporters and staff as soon as is practicably possible." Link to comment Share on other sites More sharing options...
Fox in a Box Posted 30 October 2006 Share Posted 30 October 2006 merging with the egg chasers??? Link to comment Share on other sites More sharing options...
Monk Posted 30 October 2006 Share Posted 30 October 2006 Somethings up.... and its not the Mockery hot air balloon..... I will be watching closely... Link to comment Share on other sites More sharing options...
DanTheFoxBhoy Posted 30 October 2006 Share Posted 30 October 2006 Who would have thought... rumours like these come and go and few of them actually eventuate... I so hope that this comes to fruition :w00t: Link to comment Share on other sites More sharing options...
lcfc_jme Posted 30 October 2006 Share Posted 30 October 2006 From the Sky Sports Website: MANDARIC CONSIDERING FOXES BID Former Portsmouth chairman Milan Mandaric has reportedly stepped up his interest in Leicester. Mandaric left his role at Fratton Park in September but earlier this month revealed that he was considering a quick return to English football with Leicester. Since announcing there was a 50-50 chance of him buying the club, Mandaric is believed to have been inundated with letters of support from Foxes fans. And despite saying he would not get involved until the New Year, reports now suggest Mandaric could be set to make a bid this week. "Leicester are a good club. They have been in the Premier League for six of the past ten seasons," he said. "They have a nice stadium and good support levels." (Mandaric considering Foxes bid ) Seems as though something good is finally about to happen for us. I shall be watching this very closely, and hopefully getting ready for a full scale Link to comment Share on other sites More sharing options...
DanTheFoxBhoy Posted 30 October 2006 Share Posted 30 October 2006 Holly appears to have started this topic, I hope she's okay with that! Link to comment Share on other sites More sharing options...
Daggers Posted 30 October 2006 Share Posted 30 October 2006 Can someone point out to these people that I am trying to write a 40 page assignment covering the process analysis of an as yet unwritten piece of software...and I am having a bugger of a job while I am also having to check loads of websites every minute or so. Can we put off this takeover nonsense until after Xmas please so I can crack on? Link to comment Share on other sites More sharing options...
Fox in a Box Posted 30 October 2006 Share Posted 30 October 2006 Could it be the kinch 4? http://news.bbc.co.uk/sport1/hi/football/t...ity/2036013.stm Link to comment Share on other sites More sharing options...
Katy Posted 30 October 2006 Share Posted 30 October 2006 Holly appears to have started this topic, I hope she's okay with that! The joys of merging. I guess we all have to be patient now and wait for some kind of announcement. Im reserving judgement until I know the facts, it's all hearsay at the moment. Link to comment Share on other sites More sharing options...
gatesheadfox Posted 30 October 2006 Share Posted 30 October 2006 From the Sky Sports Website: MANDARIC CONSIDERING FOXES BID Former Portsmouth chairman Milan Mandaric has reportedly stepped up his interest in Leicester. Mandaric left his role at Fratton Park in September but earlier this month revealed that he was considering a quick return to English football with Leicester. Since announcing there was a 50-50 chance of him buying the club, Mandaric is believed to have been inundated with letters of support from Foxes fans. And despite saying he would not get involved until the New Year, reports now suggest Mandaric could be set to make a bid this week. "Leicester are a good club. They have been in the Premier League for six of the past ten seasons," he said. "They have a nice stadium and good support levels." (Mandaric considering Foxes bid ) Seems as though something good is finally about to happen for us. I shall be watching this very closely, and hopefully getting ready for a full scale they are yacking that up from months ago are they not? i'm sure that is word for word what he said in an interview back at the start of september?? Link to comment Share on other sites More sharing options...
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