The news comes after Ian Holloway left the club relegated to League One by 'mutual consent' tonight.Holloway walked out of Plymouth in November to take the job at Leicester and had 32 games in charge. He managed his side to nine victories and failed to win at Stoke in their last game which cost them their place in the Championship.
Leicester Chairman Milan Mandaric felt the Holloway's amical departure was in the best interests in the future of the club and it's long term future.