By Lewis Rutledge Last updated: 4th May 2008
Mandaric: Sorry for fans
Leicester chairman Milan Mandaric has admitted he will need a couple of days to 'calm down' before deciding on his own future and that of manager Ian Holloway.
The Foxes were relegated from the Championship following a goalless draw with Stoke on the final day of the season.
Mandaric has vented his anger and spoken of the heartache he felt when Leicester's demise was sealed.
"It is not an easy moment. It is one I have never experienced before in any project, whether business or football," Mandaric, speaking from the United States, told Sky Sports News.
"It is a dreadful experience. It is a shame. I feel let down and right now I am not a very happy man.
"You don't have to be Einstein. If you look at the support I have given to my managers and my players, both financially and morally, and what do you get in response?
"You expect rewards and results. We didn't get it and you have to feel let down."
Asked about Holloway's future, Mandaric replied: "I cannot discuss that. I need a couple of days of calming down.
"We need to come up with the right strategy. We owe it to the supporters to turn this around and find some positives in this dreadful time."
Mandaric also conceded that he was not sure whether he would be staying on as chairman.
He said: "I don't know. I am not going to make any decisions at this moment. We have to face the facts and regroup."
Mandaric did defend himself when questioned why he was in America on such a crucial day of the season.
"I have seen 45 games," he explained. "This was a very important family meeting that was scheduled three months ago, when I never dreamed we would be in this situation."
Speaking directly to the fans, Mandaric added: "I think only one word can describe everything - sorry. We have let you down and we didn't expect to let you down.
"I put a lot of money where my mouth was but unfortunately it didn't work out this year.
"We all go down sometimes and I always say the loser is the one that that doesn't get back up, not the one that goes down.
"So we are going to get back up and I hope we get their help and forgiveness for what we have done wrong. We must look forward and put Leicester back in a position where we need to be."

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| Time | Fixture |
|---|---|
| Friday 7th August | |
| The Coca-Cola Football League Championship | |
| 20:00 | Middlesbrough vs Sheff Utd |
| Saturday 8th August | |
| The Coca-Cola Football League Championship | |
| 15:00 | Cardiff vs Scunthorpe |
| 15:00 | Crystal Palace vs Plymouth |
| 15:00 | Derby vs Peterborough |
| 15:00 | Leicester vs Swansea |
| 15:00 | Preston vs Bristol City |
| 15:00 | QPR vs Blackpool |
| 15:00 | Reading vs Nottm Forest |
| 15:00 | Sheff Wed vs Barnsley |
| 15:00 | Watford vs Doncaster |
| 17:30 | West Brom vs Newcastle |
| Sunday 9th August | |
| The Coca-Cola Football League Championship | |
| 12:45 | Coventry vs Ipswich |
| Saturday 15th August | |
| The Coca-Cola Football League Championship | |
| 15:00 | Barnsley vs Coventry |
| 15:00 | Blackpool vs Cardiff |
| 15:00 | Bristol City vs Crystal Palace |
| 15:00 | Doncaster vs Preston |
| 15:00 | Ipswich vs Leicester |
| 15:00 | Nottm Forest vs West Brom |
| 15:00 | Peterborough vs Sheff Wed |
| 15:00 | Plymouth vs QPR |
| Time | Result |
|---|---|
| Monday 25th May | |
| Coca-Cola Football League Championship | |
| Burnley 1 - 0 Sheff Utd | |
| Tuesday 12th May | |
| Coca-Cola Football League Championship | |
| Reading 0 - 2 Burnley | |
| Monday 11th May | |
| Coca-Cola Football League Championship | |
| Sheff Utd 1 - 0 Preston | |
| Saturday 9th May | |
| Coca-Cola Football League Championship | |
| Burnley 1 - 0 Reading | |
| Friday 8th May | |
| Coca-Cola Football League Championship | |
| Preston 1 - 1 Sheff Utd | |
| Sunday 3rd May | |
| The Coca-Cola Football League Championship | |
| Reading 1 - 2 Birmingham | |
| Crystal Palace 0 - 0 Sheff Utd | |
| Sheff Wed 1 - 0 Cardiff | |
| Watford 3 - 1 Derby | |
| Plymouth 1 - 2 Barnsley | |
| Nottm Forest 3 - 1 Southampton | |
| Wolverhampton 1 - 0 Doncaster | |
| Charlton 4 - 2 Norwich | |
| Preston 2 - 1 QPR | |
| Swansea 0 - 1 Blackpool | |
| Burnley 4 - 0 Bristol City | |
| Ipswich 2 - 1 Coventry | |
| Monday 27th April | |
| The Coca-Cola Football League Championship | |
| Norwich 0 - 2 Reading | |
| Saturday 25th April | |
| The Coca-Cola Football League Championship | |
| Birmingham 1 - 2 Preston | |
| Bristol City 1 - 1 Sheff Wed | |
| Pos | Team | P | Pts |
|---|---|---|---|
| 1 | Barnsley | 0 | 0 |
| 2 | Blackpool | 0 | 0 |
| 3 | Bristol City | 0 | 0 |
| 4 | Cardiff City | 0 | 0 |
| 5 | Coventry City | 0 | 0 |
| 6 | Crystal Palace | 0 | 0 |
| 7 | Derby County | 0 | 0 |
| 8 | Doncaster Rovers | 0 | 0 |
| 9 | Ipswich Town | 0 | 0 |
| 10 | Leicester City | 0 | 0 |
| 11 | Middlesbrough | 0 | 0 |
| 12 | Newcastle United | 0 | 0 |
| 13 | Nottingham Forest | 0 | 0 |
| 14 | Peterborough United | 0 | 0 |
| 15 | Plymouth Argyle | 0 | 0 |
| 16 | Preston North End | 0 | 0 |
| 17 | Queens Park Rangers | 0 | 0 |
| 18 | Reading | 0 | 0 |
| 19 | Scunthorpe United | 0 | 0 |
| 20 | Sheffield United | 0 | 0 |
| 21 | Sheffield Wednesday | 0 | 0 |
| 22 | Swansea City | 0 | 0 |
| 23 | Watford | 0 | 0 |
| 24 | West Bromwich Albion | 0 | 0 |
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