Sky Sports News

[Durham Fox]

confirming Milans bid is in

Is this really happening??

 

[MHS]

I feckin hope so!!! :icon_bigg :icon_bigg :icon_bigg

 

[Leigh]

Too exciting.

(that Stoke goal looks worse and worse every time I see it)

 

[Yorkshire Vixen]

lovely jubbly :icon_bigg

 

[EMC Fox]

Wow

 

[homer]

it's a statement from Mandaric himself

luvvly Jubbly

Don't feck it up you bastards

 

[Durham Fox]

'a fair and generous offer'

'rewake Leicester City and return to the Premiership at earliest opportunity'

 

[Leigh]

Businessman Milan Mandaric has put forward his £25 million offer to buy Leicester City.

He spoke of "reawakening" the club and bringing Premiership football back to the Walkers Stadium after making his bid last night.

The Serbian-American multi-millionaire was expected to make his move for the club later this week, but interest from other parties prompted him to put in his bid now.

He said the club have something tangible to consider after all the speculation.

Mr Mandaric said today: "I feel I have made a fair and generous offer to acquire Leicester City Football Club from the present shareholders.

"Under the circumstances, and following a very emotional departure from Portsmouth after nearly eight years of ownership, I have given serious thought to the offer, the timing and implications of such a bid.

"In an ideal world I would have preferred to have delayed my return to football, but under the circumstances and following other interest in the club, I have had to accelerate my takeover plans.

"My aim is to reawaken Leicester City and aspire to the dreams of their passionate supporters and bring Premiership football back to the club at the earliest opportunity."

After last night's win against Stoke City, the club issued the following statement, saying the board were looking at the offer.

"We can confirm the club have received an offer and this will be given due consideration," it read.

It is understood it may take a fortnight for the board to go through the formalities of considering the offer.

A £25 million deal would, at a stroke, remove the Foxes' debt - the most significant being the £15.9 million owed to an American loan company for the Walkers Stadium - pay off the shareholders and still leave enough for a transfer fund for City boss Robert Kelly.

Kelly revealed that, before last night's victory, he ordered his players to put any thoughts about the impending offer out of their minds.

He said: "I got them together and told them to concentrate on what we do, play the game itself, to keep on doing that and, if there is anything to tell them, then I will do it."

If successful, the final formalities of the Mandaric takeover are expected to coincide with the opening of football's transfer window in January.

There are three other companies interested in buying Leicester City - two American firms and a Midlands-based concern.

 

[MHS]

Mandaric: "A fair and generous offer".

He also says he wants to bring Premiership football back to us. :icon_bigg

 

[highland fox]

He also says he wants to bring Premiership football back to us. :icon_bigg

Well he's not going to say he thinks we belong in the Conference

 

[Dour]

Well he's not going to say he thinks we belong in the Conference

Nor that the offer was pitiful and derisory.

 

[cleefox]

I still can't quite believe it. I've been worried about where we were headed if we did not get out of this division in the next five or so years as the financial situation could only get worse. Now it seems that our short term problems may be sorted. Exciting times.

Of course you do realise that everyone will hate us and bring up admin again -oh no thats what happens now. (at least in Grimsby/Cleethorpes). :icon_wink

 

[Yorkshire Vixen]

ooh i could cry....:icon_bigg

 

[MHS]

ooh i could cry....:icon_bigg

I already am :icon_sad: :icon_sad: :icon_bigg :icon_bigg

 

[highland fox]

Are we not all jumping the gun here?:icon_conf

 

[homer]

Happy Days, my fellow TalkingBallers


Happy days

 

[cleefox]

Are we not all jumping the gun here?:icon_conf

As I said "maybe". I think everyone is excited, I know you are not used to that in the windswept wilds. :icon_wink

 

[PFKAKTF FOX]

Are we not all jumping the gun here?:icon_conf

Yes, but it is undoubtedly the most exciting development in a number of years, I am so feckin excited, can't concentrate. It is certainly gathering momentum.

 

[highland fox]

As I said "maybe". I think everyone is excited, I know you are not used to that in the windswept wilds. :icon_wink

And this from one someone who lives in Cleethorpes.....:icon_wink.
I've seen too many of these things go tits up to be popping open the Champagne just yet

 

[Yorkshire Vixen]

champagne??? be more like lambrini...