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Last Updated: Friday, 6 October 2006, 17:47 GMT 18:47 UK
Mandaric plays down Foxes link
Milan Mandaric
Mandaric has not ruled out a return to football with Leicester
Former Portsmouth chairman Milan Mandaric insists reports saying there is a 50-50 chance of him buying Leicester are wide of the mark.

Mandaric recently cut his ties with Pompey and insists he needs some time away from football.

He told BBC Radio Leicester: "I am ten days away from my emotional departure from Portsmouth and I am not making any strong commitments anywhere.

"But I do have tremendous respect for Leicester and you never know."

Mandaric added: "I would still like to be away for football for a little bit longer than I am.

"I have never indicated I had any dialogue with Leicester people or was close to any kind of deal."

He admitted: "Leicester are a very interesting club and in future if I were to come back in football I would not ignore it.

"But I'm not saying I am anywhere close to acquring Leicester City - I have not had any conversation with the people from the football club."

The Serbian businessman, 68, added: "I am football mad and love the game and the English game - I have tremendous experience and memories with Portsmouth."

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