The EGM has been cancelled...after Kinch realised he couldn't get enough votes to win.

City shareholders have been patiently waiting to see what Kinch was going to offer but his proposals never arrived, and today it was announced that the EGM had been cancelled.

The official site ran the story with Steve Kind, Chief Executive of Leicester City Plc, saying

""The Board is delighted with the level of support that it has received and that the overwhelming majority of shareholders who have returned proxy voting forms have voted against the proposed resolutions.

"The Board hopes that the withdrawal of the requisition and cancellation of the Extraordinary General Meeting will enable all involved with the Club to concentrate on the new opportunities presented by its move into the Walkers Stadium and Micky Adams’ push for promotion back to the Premier League."

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