City Takeover – More Questions Than Answers

The Guardian’s David Conn has this morning highlighted the fact that we are still very light on details regarding the recent takeover of Leicester City.

Conn even offers the theory, echoing local rumours, that the deal has not even gone through yet and is still at the due diligence stage.
Milan Mandaric has spoken in extremely vague terms about the takeover, which apparently sees ownership of the club pass from him to the Asia Football Consortium, and now it appears that the club do not yet have Football League approval for the move.
There were also contradictory messages coming from the Leicester press conference and the one held in Bangkok announcing the Raksriaksorn’s takeover.

Curiouser and curiouser….. you can read David Conn’s article here:


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