Leicester City
7th League One

Manager: Ben Gregory
Stadium Capacity: 12,500
Average Attendance predicted this season: 1,000

Value of club: £13.2 million
Minimum buy out price: £5 million

Debt: £1.6 million
Bank Loans: £0

Notes:
At the end of last season the chairman quit the club due to poor financial situations and continuous heavy losses each season. With no chairman Leicester fall under the 'minimum £5 million buy out' ruling which applies to any club with no chairman or who is worth less than £5 million (debt can make clubs worth minus money).

FA will post to allow bidding on the club to begin 3 days after the initial interest was made into the club.

-- Edited by Football Academy on Thursday 5th of November 2009 10:55:56 PM

I would like to express an interest in becoming the chairman of Leicester City

madhibee wrote:

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I would like to express an interest in becoming the chairman on Leicester City

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Besty wrote:

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I would like to express an interest in becoming the chairman of Leicester City

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You can't buy clubs in the same country as you manage.

Richard.

 

Managers from the following clubs can now bid on the club having expressed interest in the opening 3 day period:

Villarreal
Parma
Juventus
AC Milan

Bidding must start at £5 million and must increase in increments of £0.5 million.

Due to the circumstances at the club, the current chairman has issued a deadline of 7pm Monday after which no more bids for the club will be accepted.

To bid, simply post the amount in this thread. The amounts must match the stated rules.

-- Edited by Football Academy on Sunday 8th of November 2009 01:25:38 AM

I would like to bid 6.5m for Leicester City.

Steve
Juventus