Writer: 
Date:Thursday November 2 2006
Time: 9:00PM
Milan Mandaric has responded to claims in the newspaper that his bid has "no chance" of being successful.
'I'm quite positive and I just hope we can sort it out sooner rather than later,' he told BBC Radio Leicester.
'I am expecting some response from some people at the club and I'm quite sure that they will promptly do so.'
'First we need to get at least verbal agreement on the points I presented to them and then we would need to put our respective lawyers and accountants in place."
'And then, more importantly, I must talk to the organisation to see what is and what is not there. I expect that to take place pretty soon. I'm always optimistic. I believe that I have put a fair deal on the table."
'If they want to bring in somebody who will have a good chance to take the club where it deserves to be then I believe I have a very good chance.'
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