An extraordinary general meeting of shareholders was held by Leicester City Football Club Plc at the Walkers Stadium today.

Shareholders debated a number of issues in relation to generating increased investment into the football club and have therefore welcomed Mr Mandaric's approach.

Milan Mandaric's approach has been given the green light and he will be granted access to the clubs books for the period requested by him.

The shareholders wish to make it clear that they have, are and will continue to act in the best interests of the football club at all times.

Their paramount concern is to protect, safeguard and develop the future of our great football club.

Further announcements will be made in due course.