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Milan Mandaric who took matters of the Leicester City in his hands 3 years ago is loooking for some return on the investment he made however he has denied the rumors about the deal which is to sell off the club.

Leicester releases a statement that talks are ongoing however it has not been agreed to sign the papers and still waiting for the right offer. According to the statement released, "Contrary to media reports, Leicester City Football Club wish to confirm that no agreement has been reached with any parties regarding the acquisition of the club."

"Chairman Milan Mandaric has always maintained that he would welcome the right partner to help him move the club forward. Discussions have taken place with a number of interested parties but no agreement has been reached.If any discussions with any interested parties lead to concrete agreements regarding a partnership to assist in moving the club forward, Leicester City fans will be the first to know."

It really doesn't matter to the fans as long as the teams keep playing well and finding the net of opponent at the right time; however they would love to know that who is going to be the new owner of the club.