Mandaric Bid “Green Light”

The Foxes Trust can confirm that along with other LCFC shareholders at the EGM on the 18th November 2006, it backed the LCFC boards request to proceed to the next stage of the process for Milan Mandaric's takeover of the club.

As the next stage of the process will focus on legal and financial processes, all parties will be able to make little comment in the weeks ahead, as stated by the takeover code, therefore the Foxes Trust will only be able to make very limited information available to its members and the wider fan base.

For details on the likely timescales, we would recommend listening to the Radio Leicester interview of Andrew Taylor which followed the EGM, a link is provided here (requires realtime software to listen)

http://www.bbc.co.uk/leicester/realmedia/sport/2006/11/lcfc_andrew_taylor_18nov2006.ram

 

 

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