Leicester City FC owner in talks with potential investors
Tue 27th Jul 2010 | Clubs Ownership
Milan Mandaric, chairman of Leicester City Football Club has told the BBC that he is in continuing talks with a group of potential investors and insists that those interested are "football people".
Speaking on BBC Radio Leicester, Mandaric said, "If there is any deal with these people I can tell you they are passionate people who love the game of football," "They are football people and they are not coming here just to make money.
"They are here to participate in the football and to see if they can help elevate the club to a higher level."
Speculation has amounted over the last few months that Mandaric is looking to either sell the club or bring in additional funding.
However, while Mandaric has admitted discussions are ongoing, he said reports that a deal had been done were wide of the mark.
"We have nothing concrete to report but as soon as we have something the supporters will be the first to know," Mandaric said.
"Whatever happens - if it happens - it will be something to benefit the club...so the fans have nothing to worry about.
"There are some conversations with people who want to come and be a part of the club - and that is what we are working on.
"How much is going to happen and when it is going to happen is hard to say; it could happen in two or three weeks or it could not happen at all.
"If this deal happens it happens for the benefit of the club and not Milan Mandaric."
Don’t forget to subscribe to F.C. Business Magazine to keep up to date with the latest comment from the football world. Click here to subscribe
Thu 23rd Mar 2017 | Clubs Ownership
Portsmouth Football Club has confirmed it’s in talks regarding a potential takeover. In a statement released by the club, they said: “Portsmouth Community Football Club would like to...
Thu 5th Jan 2017 | Clubs Ownership
Specialist Sports Law Team at Walker Morris reinforces its national reputation for football club acquisitions/sales with the latest sale of Leeds United FC. Specialist sports lawyers at Walker Morris...
Wed 4th Jan 2017 | Clubs Ownership
Aser Group Holding has completed its investment in Leeds United Football Club today. Leeds United Football Club has confirmed Aser Group Holding, through its acquisition vehicle Greenfield Investment...