After FFS voiced it's concerns over the possible appointment of Portsmouth's current Director of Football, Harry Redknapp, for the vacant managerial position at City, it now appears that Redknapp has withdrawn his application.

The circumstances behind his withdrawal is a bit of a mystery with him stating in his Racing Post Column this morning that it was basically upto him to say either Yes or No. It appears that this had all changed by this afternoon though with Leicester issuing a statement that read:

"Harry Redknapp has asked to be no longer considered for the position of manager at the club. This follows discussions he had with his chairman at Portsmouth.

"Harry was one of several people whom the board have invited for interview. A preliminary meeting was held earlier this week as part of this process.

"The board wishes to make it clear that no formal offer to manage the club had been made to Harry or, for that matter, anyone else at this stage.

"The board has more interviews arranged in the next few days and will continue to work towards appointing a new manager as speedily as is practically possible.

"This is a tremendously important appointment for the future of the club and we are all determined to appoint the right person."

Redknapp himself also issued a statement saying, "It has been a very hard decision for me to make, but I have decided to turn down the offer of the Leicester manager's job.

"I feel I owe some loyalty to Portsmouth and to their chairman Milan Mandaric. Milan has become a close friend of mine and he brought me to Portsmouth to do a job and help them achieve a goal. He did not want me to leave, but he although he said he would not stand in my way if I chose to go to Leicester.

"I have been at Portsmouth for only four months and I feel I owe them a special loyalty. I have had only two clubs in 20 years and I preach loyalty to players, so I felt it was important for me to remain loyal to Milan. Therefore I have decided to stay where I am, and I wish Leicester City all the best for the future."

After Harry had talks with City Chairman John Elsom on Thursday it was almost taken as read that Redknapp would be the new City boss despite Ex- Arsenal, Leeds and Spurs manager George Graham being the fans choice by a long way.

Whatever the sticking point was for Harry it certainly shouldn't have been money. While Redknapp was famous for running West Ham on a shoe String budget, John Elsom had assured him that there would be money to spend at City without selling any of City's players.

"Obviously, we want the new manager to have the strongest possible squad to work with and so it is very important that our best players stay at the club." Said Elsom.

"It is only fair to the new man to give him the best possible chance of pulling us up the table and any decisions in that respect will be his when he has had time to judge the capabilities of the squad."

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