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Mandaric Takeover Confirmed |
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Written by Administrator
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Tuesday, 13 February 2007 |
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Milan Mandaric's purchase of Leicester City has been confirmed in a press release issued by Mandaric today.
The press release in full...
"It is an honour and a privilege that the shareholders have accepted my offer to take control of Leicester City Football Club.
I would like to extend my wholehearted thanks to the shareholders for
their immense trust and support as we now embark on a new era in the
life of the club.
It goes without saying that I have untold respect for the former
custodians of this club who stepped in at time when it's very future
hung in the balance.
I am under no illusions that this is a massive challenge and my primary
aim is to take a club that has immensely underachieved in recent years
back to its rightful place in top-flight football.
I will apply immense experience, enthusiasm and financial support to
ensure we achieve our goals but it's important to point out that
success will only be achieved if unity prevails throughout the club.
Following my emotional departure from Portsmouth last year I had no
desire to make an immediate return to football. But when this
opportunity arose it proved extremely difficult to ignore.
At times this has proved to be a long and frustrating process but the
incredible and overwhelming support from the club's fans gave me the
energy to see this through to a conclusion.
The hard work begins now though with the immediate short-term priority
to preserve our Championship status and once that is achieved we can
build towards future success.
Remember 24 teams harbour the same dreams as us and only three will meet with success.
And I can assure you that if I don't take this club up in a three year
period I will view that as failure and that is a word that nobody
associates with me."
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