The Foxes Trust have revealed that they met this week with acting Chairman of the Lineker Consortium, Jon Holmes, and prospective Chief Executive Officer, Tim Davies.

Mr Holmes has described the discussions as "very constructive and friendly, touching on the Consortium’s plans for the Club, possible board representation for the Trust, the creation of a new fans’ forum with input from the Trust, shareholdings in New Fox plc, the company formed by the consortium to takeover the Club, and many other ways in which the consortium would like to work with the Foxes Trust."

Despite the new company being called New Fox PLC this doesn't mean it will be a PUBLIC limited company, and the only way normal City fans will be able to hold any sort of share will probably be through the Foxes Trust. So if you haven't joined yet...why not?! Check out their website for how to join.

Jon Holmes said,

“I would like to place on record the admiration of the consortium for the way that the Trust have set about establishing themselves, and raising over £100,000 already. Leicester people generally through their support for the Club, the consortium and the trust have shown how much they value the role of the Club in the community. We remain committed to finalizing the takeover and working with the Trust, and the business community of Leicestershire in the future”.

Wendy Bennett, Chair of the Foxes Trust, said,

“We are thankful to Jon Holmes & Tim Davies for the meeting. We welcome the opportunity to meet and discuss their ideas for the future of the club.

"The meeting was constructive & we remain optimistic that Foxes Trust can work with the consortium in many different ways for the benefit of its members, the club & the local community.

"The Foxes Trust Board will meet in the near future to discuss the proposals put forward by the consortium.”

Tim Davies, the new CEO, was a formal professional tennis player in Hong Kong before pursing a career in business.

Holmes said of the new CEO's appointment,

"We were very impressed by the financial skills and the people skills he had and we had no hesitation in putting him forward for the role.

"What we want is the club to be run by professionals. It is very important to get a good business side. Tim is an expert in the sort of areas we will need expertise"

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