The Football league today issued the following statement...

STATEMENT RE. LEICESTER CITY FC

A constructive meeting took place today between Football League officials and the consortium looking to take control of Leicester City FC.

At the meeting it was confirmed that current restrictions on the signing of new players will remain in place until the new consortium has completed the purchase of the assets of the club from the administrator.  The Board of The Football League will then have to decide the conditions upon which the transfer of Leicester City FC’s membership share in The League will take place.

Once this has been achieved The League will meet again with Leicester City FC to formally agree arrangements going forward.

But...the Leicester Mercury are reporting that the Football League have done a U-turn and are allowing to sign players!

The Mercury report that a deputation of prospective chairman Jon Holmes and chief executive Tim Davies met the League this morning and the decision was reversed. Holmes is reported as saying

"We had a very satisfactory meeting with the League and they have now accepted our business plan."

Adams added: "We are now in a position where new players can be signed and that is good news."

So what the bugger is going on??? Can we sign anyone or not?

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