Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

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."

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

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

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Hartlepool United Announced Club Restructure

Wed 28th Jun 2017 | Clubs Ownership

Hartlepool United Chairman, Pam Duxbury has announced the first phase of the club’s restructure following relegation to the National League and subsequent resignation of Gary Coxall. Coxall...

Chinese company 5USport buy stake in Northampton Town

Mon 26th Jun 2017 | Clubs Ownership

Northampton Town Football Club have announced a new partnership with 5USport, a Sports Development and Education Company based in Guangzhou, China. As part of this partnership and following approval...

Leyton Orient purchased by business consortium headed by Nigel Travis, a life-long fan of the club

Fri 23rd Jun 2017 | Clubs Ownership

Leyton Orient Football Club has announced that it has been purchased by a business consortium Eagle Investments 2017 Limited, headed by British-born Nigel Travis, 67, the Chairman and CEO of Dunkin'...

Massimo Cellino Leaves Leeds After Takeover

Wed 24th May 2017 | Clubs Ownership

Andrea Radrizzani has completed his takeover of Leeds United after purchasing Massimo Cellino’s 50% stake in the club. Radrizzani, who purchased 50% of the club in January, has acquired the...