Leicester were 17th when Holloway took over in November

Leicester City chairman Milan Mandaric will decide by the second week in June whether to sack manager Ian Holloway following their relegation.

Holloway's job is under threat after he was unable to stop the Foxes dropping into the third tier for the first time.

Mandaric told the Leicester Mercury newspaper that he would also review his own position at the club.

"I am looking (at a decision) no later than the first week in June, the second at the latest."

Holloway recently admitted he was fearful of his job at Leicester and Mandaric has now revealed he will review the whole management structure at the club.

He added: "I am not even giving total support to myself. Am I a good chairman or not? It starts with me, and then goes all the way down - including the manager.

606: DEBATE Should Holloway be sacked?

"I think I am entitled to look at that. I am in the firing line, I am responsible.

"I am the one who is going to support the club financially so I will do what is best for the club; not necessarily for Ian Holloway or Milan Mandaric.

"You need time to give your manager chance to review the staff and players."