Mick McGuire today hailed Leicester's players after they agreed to defer a percentage of their wages to help safeguard the future of the club.
Leicester were on the brink of going into administration but after talks involving the Professional Footballers' Association, PFA deputy chief executive McGuire said: "I'm delighted to announce an amicable solution has been reached between the players and the club.
"The players have always been very co-operative and they have agreed to defer a small proportion of their salary to assist the club throughout the remainder of this season.
"This will allow Leicester to have a real go at gaining automatic promotion back to the Premiership and they have been able to avoid selling any of their major assets which keeps the team looking strong."