Leicester chairman Milan Mandaric is aiming to appoint a new manager no later than June 15.
Mandaric is searching for the club´s sixth new boss since he completed his £25million-plus takeover at the Walkers Stadium in February 2007.
"We have started (the process of finding a new manager) and my goal is to make an appointment no later than June 15," he told the club´s official website.
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