Don't know if this got mentioned, but after these comments I think the chairman is disillusioned.
http://www.givemefootball.com/championship/macanthony-leicester-have-showed-the-way
Mr MacAnthony,
No you didn't nearly pip us to the title. 7 points and 21 goals is not as close as you seem to think it is. Also, how you can compare what Leicester have achieved so far this season, with what your tin-pot, bunch of over-achievers have done is beyond me. To get rid of your manager after he has taken you from your rightful place in League Two into the 4th Biggest League on Europe is plain ridiculous.
To compare your tiny club to a club of Leicester's stature is ridiculous. To suggest that you should be towards the top of the Championship, where Leicester has been for most of its life just because you finished 7 points behind them last season is silly.
You're just a tin-pot club from a tin-pot town, whose biggest rivals are not even in the Football League so you drum up a totally one-sided rivalry with a club who are better than yours just to make yourself feel worth something. Get back to Division 4 where you belong.