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Extreme Football Forum  |  Football Forums  |  NPower Championship  |  Topic: Thai consortium eyes deal to buy Leicester for £39m

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Thai consortium eyes deal to buy Leicester for £39m

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Jimmie O

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« on: August 06, 2010, 07:46:24 AM »
http://news.bbc.co.uk/sport1/hi/football/teams/l/leicester_city/8890815.stm

A consortium headed by Thai business tycoon Vichai Raksriaksorn is in talks to buy Leicester City.

BBC Radio Leicester understands that the group is planning to take an initial 49% stake in the club.

That would leave current owner Milan Mandaric in overall control of the Championship club for the time being.

Raksriaksorn's King Power duty free company are to become the Foxes' new shirt sponsor as part of the deal which values the club at £39m.

His daughter Voramas Raksriaksorn, King Power's creative and communications director, told the Bangkok Post that negotations are ongoing.

She said: "All the rumours about the Leicester City Football Club will be cleared up very soon."

One for dan here, what do think about that Dan  huh

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danielpholt

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« Reply #1 on: August 06, 2010, 07:55:51 AM »
Mixed views i guess. On the one hand it would be nice to get some investment, but on the other i think the general view is that the club moving further and further away from the people of the city. Its a shame, but i guess thats football now a days.
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« Reply #2 on: August 06, 2010, 07:58:31 AM »
Your right, It's all about investment I'm afraid, and in this climate all the money is from abroad  huh

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« Reply #3 on: August 06, 2010, 08:02:53 AM »
That being said, we've got a foreign owner at the minute, and he seems to be very intent on us holding firm in the championship. We've really not spent any money in the last two seasons.

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