MM bid given Green light

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Lako42

Well-Known Member
the board have held the egm and as a result have granted MM the green light and access to the clubs books.


I'ts happening, thank god

From the os
 
MM Accepted

Statement just out from the club, MM is now going to do DD.

Official Leicester City Statement

An extraordinary general meeting of shareholders was held by Leicester City Football Club Plc at the Walkers Stadium today.

Shareholders debated a number of issues in relation to generating increased investment into the football club and have therefore welcomed Mr Mandaric's approach.

Milan Mandaric's approach has been given the green light and he will be granted access to the clubs books for the period requested by him.

The shareholders wish to make it clear that they have, are and will continue to act in the best interests of the football club at all times.

Their paramount concern is to protect, safeguard and develop the future of our great football club.

Further announcements will be made in due course.


http://www.lcfc.premiumtv.co.uk/page/News/NewsDetail/0,,10274~930096,00.html
 
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Official statement - post meeting

An extraordinary general meeting of shareholders was held by Leicester City Football Club Plc at the Walkers Stadium today.

Shareholders debated a number of issues in relation to generating increased investment into the football club and have therefore welcomed Mr Mandaric's approach.

Milan Mandaric's approach has been given the green light and he will be granted access to the clubs books for the period requested by him.

The shareholders wish to make it clear that they have, are and will continue to act in the best interests of the football club at all times.

Their paramount concern is to protect, safeguard and develop the future of our great football club.

Further announcements will be made in due course.
 
Re: Official statement - post meeting

tut tut theres already 2 threads for this. ;)
 
oh ofcourse ill be doing that but also it'd be good to see some fans happy down there today because of this encouraging news. right?
 
I'm more interested in what happens on the pitch, anything else is a distraction.
:018: Come on Jeff, show a bit of satisfaction with the news, it's what this club has needed for the last 125 years. As you yourself have pointed out, you're not anti MM :icon_wink
 
Good news. And it is even better news given the fact that the board have considered it carefully rather than rush to a judgement. :038: :038:
 
Good news. And it is even better news given the fact that the board have considered it carefully rather than rush to a judgement. :038: :038:

Absolutely!
 
I assume that the green light for the offer means that at least 90% of the share holders have agreed to sell to Mandaric and all that is left to do is the paperwork.

Yes/ No??????????
 
I assume that the green light for the offer means that at least 90% of the share holders have agreed to sell to Mandaric and all that is left to do is the paperwork.

Yes/ No??????????

All we can say for certain is that the shareholders have agreed to let him look at the books and come up with a detailed offer.
 
Get behind the players and manager instead.

just incase anyone who went to the game is interested, the majority of ground didnt get behind MM's bid or the people mentioned above.

infact they did **** all
 
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