Vital Football

Latest Leicester City News

Thai consortium deal edging closer

Thai consortium deal edging closer

A consortium fronted by Thai millionnaire Vichai Raksriaksorn is in talks to buy the club.

Reports suggest that the group are planning to purchase a 49% stake in the club with a view to completing a full takeover within the year.

Should that be the case current owner Milan Mandaric would continue his role as chairman until the consortium took full control of the club.

Along with the investment in the club sees the arrival of a new sponsor, Raksriaksorn's King Power company.

The Thai supremo made his fortune in duty free sales, and is rumoured to be personally worth somewhere in the region of $180 million.

Rakriaksorn's daughter Vormas told Bangkok Press that a deal to invest in the club would be concluded shortly.

'My father loves sport,' she said.

'All the rumours about the Leicester City Football Club will be cleared up very soon.'

Confirmation of the buyout of almost half the club is rumoured to be announced at Leicester's opening home match against Middlesbrough on August 14th.







Click here to join in the debate on the club forum.

Writer:JBFox
Date:Friday August 6 2010
Time: 1:11AM

Login to post a comment

Recent Leicester City Articles

Chilwell Ends Liverpool & Arsenal Speculation

Is there anybody Arsenal aren't linked with at Leicester? Young left back Ben Chilwell has this evening signed a new long term deal at the King Power.

Poland Youngster In, Schlupp Out?

With news suggesting that Leicester have made an offer for Poland and Cracovia midfielder Bartosz Kapustka, some are saying it will open the door to Jeff Schlupp's departure.

Mahrez To Arsenal Back On?

Strange way of suggesting confirmation, but an Algerian outlet is quoting Sky Sports as proof that Riyad Mahrez is on his way to Arsenal - in the next 48 hours.

Premier League International Cup Groups Drawn

With the announcement of an expanded Premier League International Cup for this season...

Archived Vital Leicester Articles

Vital Leicester articles from

Site Journalists

SvensAmbition
Editor email
Profile
Foxes25
no email
Profile
Simon
no email
Profile

Current Poll (see more polls)

Chelsea MotM
Suggested By: Site Staff
Schmeichel26%
Simpson1%
Wasilewski2%
Morgan0%
Fuchs1%
Drinkwater11%
Kante6%
Mahrez47%
King1%
Gray2%
Vardy2%
Sub - Okazaki1%
Sub - Schlupp0%
Sub - Albrighton0%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 AFC Bournemouth 0 0 0 0 0 0
2 Arsenal 0 0 0 0 0 0
3 Burnley 0 0 0 0 0 0
4 Chelsea 0 0 0 0 0 0
5 Crystal Palace 0 0 0 0 0 0
6 Everton 0 0 0 0 0 0
7 Hull City 0 0 0 0 0 0
8 Leicester City 0 0 0 0 0 0
9 Liverpool 0 0 0 0 0 0
10 Man City 0 0 0 0 0 0
11 Man Utd 0 0 0 0 0 0
12 Middlesbrough 0 0 0 0 0 0
13 Southampton 0 0 0 0 0 0
14 Stoke 0 0 0 0 0 0
15 Sunderland 0 0 0 0 0 0
16 Swansea 0 0 0 0 0 0
17 Spurs 0 0 0 0 0 0
18 Watford 0 0 0 0 0 0
19 WBA 0 0 0 0 0 0
20 West Ham 0 0 0 0 0 0
Latest F1 News
Latest Vital Boxing News

Recent Leicester City Results (view all)

Leicester City Fixtures (view all)