Leicester City PLC have now confirmed to the Stockexchange that there had been a "preliminary approach which may or may not lead to an offer being made" for Leicester City by former board and "gang of 4" member Gilbert Kinch.

The bid is rumoured to be worth around £20 Million. A bargain when you consider that City's new stadium is costing more than that to be built.

Kinch is not thought to be alone in this new venture with other former GOF member Roy Parker also involved in the possible highjacking of our club.

Parker is no stranger to failed bids though as he was also involved in a rival consortium last year that failed to win support for its bid.

City fans are obviously concerned about the latest development in the seemingly never ending power struggles at Filbert Street.

The news did cause a minor shockwave, more of a very small ripple, through the stockexchange as City shares jumped up 4p from 51p to 55p, giving the club a market value of around £16.8million.

FFS will use it's share voting powers to vote against any bids by these two men now and in the future. We suggest that the rest of you do the same.

Why oh why oh why does this always happen to us? Let us know your views in the Fans Forum.