Leicester chairman Milan Mandaric has confirmed he has agreed to let Gary Megson talk to Bolton regarding their vacant managerial position.

The Championship club have already spurned two approaches from the Trotters, who parted company with Sammy Lee last week, but relented after Megson, 48, hinted he was interested in a return to the Premier League.

Mandaric said in a statement on the club's official website: "Despite my best efforts to retain his services and turning down two formal approaches from Bolton, Gary left me with no choice last night when he informed me he wanted to leave Leicester and talk to the Premiership club.

"I made it abundantly clear Bolton's interest was neither welcome nor invited but it was evident to me that following a meeting requested by Gary following last night's home defeat by Sheffield United, his loyalties and heart lay elsewhere."