A spokesman said Deloitte would get the nod, provided the administration order was approved by the High Court. The club met with the High Court at 10:30am this morning.
Yesterday Leicester City was forced into administration after failing to reach agreement with its creditors.
The club’s debts are believed to be around £40m, with as much as £30m bond owed to US-based Teachers Bank, £6m to the Birse construction group, which built the new stadium and between £2.5m and £4m owing to the Inland Revenue.
Yesterday reports linked former England striker and television commentator Gary Lineker with a consortium planning to put in a bid for the club.
Political and economic uncertainty behind the fall in confidence
Just Racing Services, operating company of the Manor Racing Formula One team has entered administration
Last year 16 oil and gas companies became insolvent, finds Top Ten firm Moore Stephens
Team Rock the publication of classic rock is in administration with FRP Advisory