Our verdict on the Milan years at City
Farewell then to Milan Mandaric, who has resigned as chairman of Leicester City after taking over the club nearly four years ago. He has certainly lived up to the promise he made in February 2007 that we were in for a rollercoaster ride. There has rarely been a dull moment.
Managers have come and gone, sometimes with bewildering speed, along with an ever-changing cast list of players. The club has been down to the third tier for the first time in its history, and then very nearly bounced straight back into the Premier League in the two seasons which followed.
The final flourish was the introduction of City's new Thai owners and the instalment of former England manager Sven-Goran Eriksson.
It has certainly been dramatic, but has Mr Mandaric's tenure been successful?
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His critics will point out that the club's league standing is no better than when he arrived and that he failed in his Premier League ambition for Leicester. They will point also to the revolving door of managers, which, apart from the successful spell under Nigel Pearson, has been disruptive.
They are all reasonable points. However, the bigger picture is that Mr Mandaric leaves the club in a much better financial position than when he arrived. City have serious money behind them in the shape of their new Thai owners. What's more they have one of the world's great managers at the helm in Sven-Goran Eriksson. It is a pretty strong position to be in and it would not have happened without Milan Mandaric. So our verdict is that he has been a very good thing indeed for Leicester City.
He leaves with our thanks for all the energy, effort and commitment he has put into the club and with our best wishes for the future.