Date:Wednesday January 25 2006
Craig Levein issued the following statement upon the announcement that he would be leaving the club. He said:
“Peter Houston, Kenny Black and myself are disappointed to be leaving the club today.
'We came down to Leicester in November 2004 and, with the full co-operation of the board of directors, embarked upon a long-term strategy to reduce the wage bill, reduce the average age of the team and build the foundations for the long term success of Leicester City.
'We felt we were making significant progress in those areas and our success in reaching the quarter-finals of the FA Cup last season and in beating Tottenham earlier this month seemed to bear that out.
'Also, with the introduction of players such as Richard Stearman, Patrick McCarthy and Stephen Hughes, among others, we feel the club has some valuable assets upon which the future can be built.
'However, we knew that with such a young squad, consistency would be difficult to achieve and we understand the board has taken the view that the results were causing them major concern and have taken the decision to terminate our contracts.
'We wish the club every success in the future and are certain that the club will reap the benefits from the work we have put in.'
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