Post by HURLOCK on Nov 3, 2006 7:58:38 GMT -1
Former Portsmouth chairman Milan Mandaric expects Leicester to respond to his bid for the club "not later than the first part of next week".
Mandaric's offer is believed to be £25m and he insists he is unfazed by other reported rival bidders.
"I'm quite positive and I just hope we can sort it out sooner rather than later," he told BBC Radio Leicester.
"I am expecting some response from some people at the club and I'm quite sure that they will promptly do so."
Mandaric remains cautious over his plans until he receives an answer but reaffirmed his desire to raise the status and profile of the club.
"First we need to get at least verbal agreement on the points I presented to them and then we would need to put our respective lawyers and accountants in place," said the 68-year-old.
"And then, more importantly, I must talk to the organisation to see what is and what is not there. I expect that to take place pretty soon.
"I'm always optimistic. I believe that I have put a fair deal on the table.
"If they want to bring in somebody who will have a good chance to take the club where it deserves to be then I believe I have a very good chance."
Mandaric's offer is believed to be £25m and he insists he is unfazed by other reported rival bidders.
"I'm quite positive and I just hope we can sort it out sooner rather than later," he told BBC Radio Leicester.
"I am expecting some response from some people at the club and I'm quite sure that they will promptly do so."
Mandaric remains cautious over his plans until he receives an answer but reaffirmed his desire to raise the status and profile of the club.
"First we need to get at least verbal agreement on the points I presented to them and then we would need to put our respective lawyers and accountants in place," said the 68-year-old.
"And then, more importantly, I must talk to the organisation to see what is and what is not there. I expect that to take place pretty soon.
"I'm always optimistic. I believe that I have put a fair deal on the table.
"If they want to bring in somebody who will have a good chance to take the club where it deserves to be then I believe I have a very good chance."