Ex-Toon Coach To Take Over At Leicester?
Mandaric is now keen to fill the vacant managerial post at the Walkers Stadium and has revealed transfer funds will be in place for squad reinforcement.
Mandaric: "We are looking to prune the shortlist down from 20 to five, but hope to have a new man in place within a fortnight.
"They (new man) will be properly supported, we will bring in a quality football-winning man to help us sort out the team and put things together properly.
"This club doesn't belong in this league, it is a big club with tremendous support - we already have 10,000 people with season tickets for next season.
"We have an ambitious chairman who won't tolerate anything else other than taking the club where it wants to be."
With the managerial team at Stamford Bridge having been dismantled, only Steve Clarke remains.
With Avram Grant and Henk Ten Cate already searching for alternative employment, the Scot could be following them out of the exit door very soon.
The London press are suggesting that Leicester City will attempt to make him their new boss.
Clarke might be reluctant to drop so far down the leagues, but it could be an interesting offer for a man looking to break into management.