Date:Monday October 30 2006
For the past few weeks there have been rumours on message boards and in the national press of possible interest from Milan Mandaric in buying/investing in Leicester City. The ex-Portsmouth chairman has refused to dismiss the speculation and was even quoted as saying it was 50-50 whether he would invest or not.
To many fans this interest was a glimmer of light at the end of a long tunnel which has seen the club struggle with relegation and administration in the past. Although the club seem to have recovered from administration it has still left a big hole in the clubs finances, which has resulted in a lack of money for new signings.
The news of a possible Mandaric takeover will mean funds available for the manager to improve the squad and change Leicester from Championship strugglers into promotion hopefuls.
What Leicester City fans might be surprised to hear is that there is more then one party who are interested in the club. It is unclear whether this is just the club trying to make sure Mandaric doesn`t get the club on the cheap or if there is genuine interest from other parties.
Either way Leicester City fans might start believing that Christmas has come early if a bid is successful and will hope the new investment will help push Leicester back in the right direction after too many years facing down hill.
Leicester - £4.3 Increase In Losses For 2012-13 (Tuesday March 4 2014)
Vardy Talks More Wins (Tuesday March 4 2014)
Pearson - Can't Find Fault With That (Sunday March 2 2014)
Leicester City 3 Charlton Athletic 0 (Saturday March 1 2014)
Stats: Leicester v Charlton (Saturday March 1 2014)
Underestimate Charlton At Our Peril - Pearson (Friday February 28 2014)
Wood - The Squad Will Keep Pushing (Monday February 24 2014)
We Still Aren't Seeing The Best Of Vardy (Monday February 24 2014)
Pearson Delighted With Ipswich Win (Sunday February 23 2014)
Leicester City 3 Ipswich Town 0 (Saturday February 22 2014)
|1. Leicester City||33||23||5||5||+30||74|
|3. Derby County||34||18||7||9||+17||61|
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