Foxes bid confirmedFormer Portsmouth chief Milan Mandaric has confirmed his £25 million bid for Leicester City Football Club.
Speaking to the Leicester Mercury Mandaric said: "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."
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