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

Liverpool Midfielder Interests Ranieri?

It's being reported that Leicester City have joined Swansea City in the race for Liverpool's Joe Allen.

Nice Midfielder Move Nears

Leicester City's reported move for Nice midfielder Nampalys Mendy has taken another step closer to happening with the player visiting the training ground for a tour.

No Second Bid For Keane Or Deeney

With media speculation stating as fact that Leicester City had gone back in with a second and improved offer for Burnley centre half Michael Keane...

Liverpool's Chilwell Interest Over?

With reports yesterday of a rejected £7million offer for young left back Ben Chilwell, it's said Liverpool will not meet Leicester's £10million valuation.

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
Schmeichel41%
Simpson1%
Wasilewski3%
Morgan2%
Fuchs2%
Drinkwater25%
Kante6%
Mahrez6%
King2%
Gray3%
Vardy6%
Sub - Okazaki1%
Sub - Schlupp0%
Sub - Albrighton2%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
C Leicester City 38 23 12 3 81 32
2 Arsenal 38 20 11 7 71 29
3 Spurs 38 19 13 6 70 34
4 Man City 38 19 9 10 66 30
5 Man Utd 38 19 9 10 66 14
6 Southampton 38 18 9 11 63 18
7 West Ham 38 16 14 8 62 14
8 Liverpool 38 16 12 10 60 13
9 Stoke 38 14 9 15 51 -14
10 Chelsea 38 12 14 12 50 6
11 Everton 38 11 14 13 47 4
12 Swansea 38 12 11 15 47 -10
13 Watford 38 12 9 17 45 -10
14 WBA 38 10 13 15 43 -14
15 Crystal Palace 38 11 9 18 42 -12
16 AFC Bournemouth 38 11 9 18 42 -22
17 Sunderland 38 9 12 17 39 -14
R Newcastle 38 9 10 19 37 -21
R Norwich 38 9 7 22 34 -28
R Aston Villa 38 3 8 27 17 -49
Latest F1 News
Latest Vital Boxing News

Recent Leicester City Results (view all)

Leicester City Fixtures (view all)