Milan Mandaric´s £25million takeover of Leicester moved one step closer after shareholders welcomed his approach at an extraordinary general meeting.Mandaric´s bid, which was approved at a special board meeting on Friday night, was also given the green light by the club´s 48 shareholders at the Walkers Stadium on Saturday morning, prior to the club´s home match against Preston.A statement on Leicester´s official website said: "Shareholders debated a number of issues in relation to generating increased investment into the football club and have therefore welcomed Mr Mandaric´s approach. Milan Mandaric´s approach has been given the green light and he will be granted access to the clubs books for the period requested by him."
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