swindonfox
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Post by swindonfox on Oct 31, 2006 15:37:47 GMT -1
lol - I have done no work today cos i have been looking at about a million different sites trying to find something out!!!!
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leicesterlass
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Post by leicesterlass on Oct 31, 2006 15:48:02 GMT -1
Former Portsmouth chairman Milan Mandaric has rejected suggestions that his plans to take over Leicester are a betrayal of his Pompey roots.
Mandaric is preparing a £25million takeover of the Championship club and that his led to criticism from Portsmouth fans that it is too soon after he left Fratton Park.
But the Serb-American businessman - in charge of Pompey for seven and a half years before being bought out by Alexandre Gaydamak - believes he should be free to invest his money where he chooses.
Mandaric told the Portsmouth News: 'I always promised I would never leave Pompey in trouble, like when they were in danger of relegation from the old First Division.
'Instead I left Pompey in tremendous shape, near the top of the Premiership.
'I've helped put the club on the map. I get happier about that with every additional three points Pompey get.
'I didn't need to sell the club, but thought it was in the best interest of the club to do so.
'If I go to Leicester, supporters should be happy for me that I'm alive and still in football, rather than disappearing off to America or Slovenia and not being heard of again. I'm not ready to retire.
'If I go to Leicester, it's not to a club that is an unfriendly one to us. But whether I go to Leicester or Barcelona, Pompey will always be special in my heart. I might fall in love again, but nothing will replace Pompey.
'It was an unbelievable relationship. We went through some hard times together and had tears on our faces. But it brought us closer together. We've got fantastic memories.
'I might develop another good relationship, but nothing will ever replace the one I developed with Pompey fans. We will always be friends.
'I've had a lots of letters from Pompey fans wishing me all the best and saying what I did for the club was immeasurable. That's fantastic.'
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leicesterlass
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Post by leicesterlass on Nov 1, 2006 14:46:50 GMT -1
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.
The bid is in then, now the fun begins seeing if our board can manage to fuck up yet again!
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leicesterlass
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Post by leicesterlass on Nov 1, 2006 17:02:18 GMT -1
Milan on talk Sport, just said if deal goes ahead it should go through on 10th November and FULL CONTROL 15th December. Keep everything crossed people! Please please do not fuck this up board, you've screwed us over enough times!
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Post by Bobcat Robinson on Nov 1, 2006 18:37:20 GMT -1
Lets hope it all goes smoothly!
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Post by GeoFox on Nov 2, 2006 12:58:18 GMT -1
Less progress on the Milan front....in the Guardian: Milan Mandaric's initial takeover offer for Leicester City "does not have a hope in hell" of succeeding, according to an influential shareholder at the club. The former Portsmouth chairman yesterday tabled what he described as a "fair and generous offer" after weeks of speculation linking him with a move for Leicester, but sources close to the deal insist the bid is significantly less than the £6.6m invested to rescue the Championship club from collapse four years ago. There is also concern that Mandaric's proposal does not contain guarantees about the long-term future of the club, including the possibility of purchasing the Walkers Stadium - owned by an American loan company and valued at around £15m. Mandaric would not be drawn on his bid's breakdown, referring to the issue as "sensitive" and subject to "confidentiality" agreements. "If they don't [accept it] that's their prerogative," he said. Sources close to the Serbian, however, insist the offer submitted would not leave the shareholders, whose funding enabled the club to stabilise financially after coming out of administration in 2002, shortchanged in any way. It is also claimed that Mandaric would assume responsibility for the loan repayments on the stadium. He could, however, face competition from other parties, with Leicester indicating last night that his offer is "one of a number of options available". It is understood that there is also interest from the United States and a Midlands-based consortium. A club statement assured supporters that a decision will be made as "soon as practically possible," although Mandaric will almost certainly need to return to negotiations if he is to succeed. The 68-year-old's discussions with the board have been far from straightforward and his decision to follow up his bid with a public statement, indicating his desire to "re-awaken Leicester City" and "bring back Premiership football" has upset some shareholders. "Mandaric has not been too clever," said one. "He's got to convince 47 individual shareholders that he's the right man to take over the club. The best way to do that is to make a sensible offer with some assurances about what he wants to do and not go making what looks like direct appeals to the crowd to stir up trouble. None of the shareholders came in to it looking to make money or are looking to make money getting out of it." The FA will contact the Stoke City captain Michael Duberry over his allegation that the Leicester City defender Danny Tiatto racially abused the on-loan midfielder Salif Diao. Duberry claimed Tiatto made the comments to Diao during Tuesday's match at the Walkers Stadium. "He should have been sent off for the comment," said Duberry. "It wasn't a black or white remark, there was no mention of colour, but it's still racism." Portsmouth may be without three first-choice defenders against Manchester United in the Premiership on Saturday. Glen Johnson has a serious thigh strain, and Linvoy Primus and the captain Dejan Stefanovic are doubts. Harry Redknapp, meanwhile, has been giving a trial this week to Khalilou Fadiga, the Senegalese midfielder diagnosed with a heart condition when he was at Internazionale but who was signed by Bolton in 2004 before being released at the end of last season.
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leicesterlass
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Post by leicesterlass on Nov 2, 2006 14:58:33 GMT -1
If our board reject the offer then they're even more stupid than I originally thought. ANY source of money coming into the club is better than the nothing that we have at the minute. We should be biting Mandaric's arm off at his offer
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swindonfox
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Post by swindonfox on Nov 2, 2006 15:03:33 GMT -1
Is that the only paper to report that or is any where else saying the same thing?? Hopefully it is just here say
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leicesterlass
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Post by leicesterlass on Nov 2, 2006 15:07:01 GMT -1
Is that the only paper to report that or is any where else saying the same thing?? Hopefully it is just here say I've not heard anything from anywhere else to be honest. Would be interesting to know who the 'influential shareholder' is.
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swindonfox
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Post by swindonfox on Nov 2, 2006 15:12:06 GMT -1
I can only find the report form the Guardian - can't see it any where else. Not sure if thats a good thing or not!! Surely the Shareholders can see this has to be the right move for the club
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leicesterlass
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Post by leicesterlass on Nov 2, 2006 15:17:21 GMT -1
I can only find the report form the Guardian - can't see it any where else. Not sure if thats a good thing or not!! Surely the Shareholders can see this has to be the right move for the club It astounds me to think we haven't had any proper investment in 122 years of our history, then when someone as high profile as Milan Mandaric comes along and makes us an offer the board claim they need weeks to think it over. The answer has simply got to be YES. Although we may never know the ins and outs, I'd rather experience the whatever the Milan Mandaric era holds than the crap we've had to endure over the past 3 seasons. As for these other proposed investors, where the hell have they appeared from? They are only interested now because having heard of a potential takeover, they thought it was now or never. They shouldn't even be considered. It's been evident for years that we need a change up top. We need a footballing man who has some idea about running a football club, not the current clueless lot we're stuck with now.
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swindonfox
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Post by swindonfox on Nov 2, 2006 15:22:04 GMT -1
I can only find the report form the Guardian - can't see it any where else. Not sure if thats a good thing or not!! Surely the Shareholders can see this has to be the right move for the club It astounds me to think we haven't had any proper investment in 122 years of our history, then when someone as high profile as Milan Mandaric comes along and makes us an offer the board claim they need weeks to think it over. The answer has simply got to be YES. Although we may never know the ins and outs, I'd rather experience the whatever the Milan Mandaric era holds than the crap we've had to endure over the past 3 seasons. As for these other proposed investors, where the hell have they appeared from? They are only interested now because having heard of a potential takeover, they thought it was now or never. They shouldn't even be considered. It's been evident for years that we need a change up top. We need a footballing man who has some idea about running a football club, not the current clueless lot we're stuck with now. Would totally agree with this. Apparantly the shareholders are not interested in making money - so whats the problem here? We should be biting his hand off with this investment. I wouldn't trust the other investors, as you said why has it taken them so long? They were obviously waiting to get Leicester when they are at there lowest so they could get a cheap bargain. MM will do wonders at the club, he won't want us to be losing! Come on board get your acts together and say YES - its not hard.
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leicesterlass
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Post by leicesterlass on Nov 2, 2006 15:25:49 GMT -1
It astounds me to think we haven't had any proper investment in 122 years of our history, then when someone as high profile as Milan Mandaric comes along and makes us an offer the board claim they need weeks to think it over. The answer has simply got to be YES. Although we may never know the ins and outs, I'd rather experience the whatever the Milan Mandaric era holds than the crap we've had to endure over the past 3 seasons. As for these other proposed investors, where the hell have they appeared from? They are only interested now because having heard of a potential takeover, they thought it was now or never. They shouldn't even be considered. It's been evident for years that we need a change up top. We need a footballing man who has some idea about running a football club, not the current clueless lot we're stuck with now. Would totally agree with this. Apparantly the shareholders are not interested in making money - so whats the problem here? We should be biting his hand off with this investment. I wouldn't trust the other investors, as you said why has it taken them so long? They were obviously waiting to get Leicester when they are at there lowest so they could get a cheap bargain. MM will do wonders at the club, he won't want us to be losing! Come on board get your acts together and say YES - its not hard. I honestly think the current board has our clubs best interests at heart, they showed that when they got us out of administration. But they've taken the club as far as they can and must realise it's time for us, as a football club to take that step forward. MM has already said that the takeover wouldn't leave shareholders out of pocket anyway so as far as I can see there should be no problems. I honestly hope the board want the best for the club, so much so that they acknowledge that it's time for them to move on. They've done their bit and we're all extremely grateful and owe an awful lot to them but it's time for them to step aside. Milan in!
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swindonfox
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Post by swindonfox on Nov 2, 2006 15:37:34 GMT -1
Would totally agree with this. Apparantly the shareholders are not interested in making money - so whats the problem here? We should be biting his hand off with this investment. I wouldn't trust the other investors, as you said why has it taken them so long? They were obviously waiting to get Leicester when they are at there lowest so they could get a cheap bargain. MM will do wonders at the club, he won't want us to be losing! Come on board get your acts together and say YES - its not hard. I honestly think the current board has our clubs best interests at heart, they showed that when they got us out of administration. But they've taken the club as far as they can and must realise it's time for us, as a football club to take that step forward. MM has already said that the takeover wouldn't leave shareholders out of pocket anyway so as far as I can see there should be no problems. I honestly hope the board want the best for the club, so much so that they acknowledge that it's time for them to move on. They've done their bit and we're all extremely grateful and owe an awful lot to them but it's time for them to step aside. Milan in! Yeah i think your probably right, but if the newspaper report is true then they obviously don't give a rats. Have to agree they did save us, so i suppose it is gonna be quite hard for them just to let go. I can't see MM ripping them off. Again at the moment it all seems to be someone said this, there are other offers here. I am not sure if these "other parties" are actually proper interest or just we might be interested. Still we all know MM is the best way, unless the american company is gonna give us twice as much, but then you would wonder what there motives are!! Football clubs barely make money and i doubt they are supporters!! Come on MM!! Best all round option!
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leicesterlass
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Post by leicesterlass on Nov 2, 2006 15:46:09 GMT -1
Yeah i think your probably right, but if the newspaper report is true then they obviously don't give a rats. Have to agree they did save us, so i suppose it is gonna be quite hard for them just to let go. I can't see MM ripping them off. Again at the moment it all seems to be someone said this, there are other offers here. I am not sure if these "other parties" are actually proper interest or just we might be interested. Still we all know MM is the best way, unless the american company is gonna give us twice as much, but then you would wonder what there motives are!! Football clubs barely make money and i doubt they are supporters!! Come on MM!! Best all round option! There's been very little news about the other business interests, I've even been told one is a consortium headed by Gary Lineker Milan was on Radio Leicester earlier on saying he wants an answer by next week, so the board need to get a move on really. If this deal falls through, all the blame will be put on them and fans will want to know why. I really don't want this to turn out into another 'what could've been', even in the relatively short time I've been supporting Leicester (although it's been all my life) I've seen to many 'what might've been' situations and this could be the biggest regret of the lot.
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swindonfox
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Post by swindonfox on Nov 2, 2006 15:51:33 GMT -1
Yeah i think your probably right, but if the newspaper report is true then they obviously don't give a rats. Have to agree they did save us, so i suppose it is gonna be quite hard for them just to let go. I can't see MM ripping them off. Again at the moment it all seems to be someone said this, there are other offers here. I am not sure if these "other parties" are actually proper interest or just we might be interested. Still we all know MM is the best way, unless the american company is gonna give us twice as much, but then you would wonder what there motives are!! Football clubs barely make money and i doubt they are supporters!! Come on MM!! Best all round option! There's been very little news about the other business interests, I've even been told one is a consortium headed by Gary Lineker Milan was on Radio Leicester earlier on saying he wants an answer by next week, so the board need to get a move on really. If this deal falls through, all the blame will be put on them and fans will want to know why. I really don't want this to turn out into another 'what could've been', even in the relatively short time I've been supporting Leicester (although it's been all my life) I've seen to many 'what might've been' situations and this could be the biggest regret of the lot. But would he take a role this time?? When we were in administration he didn't want to take a role in the club did he??? The fans will want blood if this falls through cos of them dragging there feet. Taken from thebluearmy.co.uk In an exclusive interview, chief soccer writer Bill Anderson talks to milan mandaric about his hopes, the fans and why he chose city The Leicester City board under the leadership of chairman Andrew Taylor now find a £25million ball in their court. Like everyone else in the City camp, many feel they know Milan Mandaric by reputation only. But now the man himself is putting his reputation, his personality, his money and his love of football on the line with his takeover bid. He worked his magic at Portsmouth and elsewhere, though not everywhere as there have been a few stumbles too. But, in general, the hugely-successful millionaire does not get it wrong very often - and City are now having to consider if he is the long-awaited man to get it right finally. The situation looks good news for the rank and file - and they are important in Mandaric's scheme of things at all of his clubs. So what would he say to the Blue Army about his main ambition in making the move? Mandaric told me: "Bill, let's establish one thing. They are some answers I am sure you realise I will not be able to go through in detail. "It is a very early situation and I do have a great respect for the people on the other side who are reviewing my offer and please understand I would not like to go into any kind of detail. "But when you talk about supporters, they are the most important segment of a football club as far as I am concerned. "And firstly what I would do, I must tell you this, is get my friend Alan Birchenall (his ex-player at San Jose Earthquakes) to arrange a meeting with as many representatives and supporters as possible, stand in front of them, tell them who I am and why I am there, what I am going to do and try to establish a healthy and honest straightforward relationship which will take us through because I am not going to be able to deliver on my own. "It is all us working together to make it happen. That is what I would tell them." As soon as Mandaric voiced his intention to leave Pompey, having sold it to a new owner, Wolves, Sheffield Wednesday and Ipswich were among Championship clubs also linked to him so why did he opt for City? He said: "It is a good question and, as you know during my time at Portsmouth, one of the reasons I stayed there was the rapport with the supporters and I knew Leicester supporters were very similar, hard-working-class, very passionate people. "They love their club, love their football and have a desire to be back where they belong. That was very important to me." With a new regime comes uncertainty, nothing new to City in recent years, and the man in possession of the manager's chair, Robert Kelly, has been very successful so far. Mandaric went through seven team bosses at Fratton Park, so what would his feelings be on that? He answered frankly: "Bill, I honestly think it is too early to talk about management and organisation. "Anything like that would be very unfair to everybody concerned. I will tell you one thing. I don't have any other way of doing things than to stick with people who are successful. "I do anything I can to get everything out of them and give them my support. And, from what my knowledge is, he (Kelly) is doing a good job. Whatever he has got, he is getting the best out of it and no matter what might happen with me I respect that and think he deserves the credit for that." Kelly has worked wonders with no money so the immediate issue for any new owner is money for new players. The speculation sets the offer at around £25million. So how much would be for new players? Mandaric said: "Again Bill, please understand that I never like to talk about numbers and even now it is very premature that I talk about that. "To be honest, everyone knows my aim from my statement what I am trying to do. "I have been in many challenging situations whether it has been with a corporation or with a football club and what it needs is experience, enthusiasm and financial support. "And, on financial support, you are forced to look at bringing in new players, like I did at Portsmouth. There is no secret about that. Of course, I would not go to Leicester if I could not make a difference." Mandaric has been involved with buying many clubs and, of course, selling them on. That might cause some misgivings about his long-term aspirations. But he said: "The same question was asked by someone at Portsmouth when I went there. I said: 'Let me tell you something, I am not going to tell you how long I am going to stay but I will tell you one thing, the one day I leave, the club will be a far better one than the club I took over, okay?'" Would be interesting what he would say to the fans!!
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leicesterlass
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Post by leicesterlass on Nov 2, 2006 15:55:30 GMT -1
Nearly all of the fans are behind Mandaric anyway. I think if he comes in though, Rob Kelly will no longer be manager, I think he may well revert back to his former role as coach and we'll get a more high profile name in. Obviously this is nothing against Rob whatsoever, he's worked wonders at our club and I honestly hope he's given the chance to show what he can do with some money to spend but as much as I would like to see it happen, I can't see it
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swindonfox
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Post by swindonfox on Nov 2, 2006 15:59:39 GMT -1
Nearly all of the fans are behind Mandaric anyway. I think if he comes in though, Rob Kelly will no longer be manager, I think he may well revert back to his former role as coach and we'll get a more high profile name in. Obviously this is nothing against Rob whatsoever, he's worked wonders at our club and I honestly hope he's given the chance to show what he can do with some money to spend but as much as I would like to see it happen, I can't see it Thats exactly what i was saying to my dad yesterday - i def don't think he should be given the boot as last season he did save us and that wouldn't be right. Isn't his contract a one year rolling contract? Maybe they should see what he can do with some money, and if it doesn't work out put him back as coach at the end of the season. MM did see he thinks Kelly is doing an alright job though.
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leicesterlass
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Post by leicesterlass on Nov 2, 2006 16:03:07 GMT -1
True but MM's record shows that he likes to chop and change his managers. I think Kelly deserves the chance to spend some money though, considering it's his first managerial role then he's doing fantastically well. I'm feeling a bit pessimistic about the take-over now, seems that as each day passes it's becoming seemingly less and less like that the deal will go through
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swindonfox
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Post by swindonfox on Nov 2, 2006 16:05:54 GMT -1
True but MM's record shows that he likes to chop and change his managers. I think Kelly deserves the chance to spend some money though, considering it's his first managerial role then he's doing fantastically well. I'm feeling a bit pessimistic about the take-over now, seems that as each day passes it's becoming seemingly less and less like that the deal will go through And plus the fact that it is Leicester and rarely do good things happen to us!!! I think its got to happen, if not i think the fans will start to become more and more frustrated with the board, esp if leicester don't perform very well and we end up fighting for survival again.
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