The former Portsmouth owner has previously hinted that he could return to Fratton Park.
“As you guys know, I’ve been here for 11 years and I love the game. I’m not here for business or making money,” he said.
“I intend to stay here, I love the country and I love the game. One day when my owners (at Leicester) say ‘chairman, we don’t need you any more you can go’, then I’ll still be in football somewhere.
“It would unfair of me to speculate about going back to Portsmouth, I think Portsmouth should take care of their own problems now.
“I’m going to say it maybe for the first time now after all the speculation, I don’t think I can meet the expectations of the great supporters over there that I love so much and my own expectations if I go back at this time.
“So for that reason I’m ruling myself almost out of that.
“Eventually I will end up somewhere in football whether you like it or not, you can’t get rid of me that soon.”
