To me it looks like he wants to get sacked. His post match comments the other day was very direct and he now says he'd understand if he were fired. He's given up on the project. His reputation will take a bigger hit, the longer he's at the club.
How broke are the Leicester owners anyway? They still should be able to afford his severance fees surely? Or do they not care because they think this project is a gone case anyway so why bother spending money on his firing and a new manager?
P.S. quoting is still fucked in the new forum, at least on mobile. Things go off the pane.