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Post by rugbytoffee on Nov 13, 2017 14:24:29 GMT
 Leicester City's owners face being sued for over £300million allegedly owed to the Thai government, according to reports. King Power International, owned by Vichai Srivaddhanaprabha and his family, are alleged to have failed to pay 14 billion baht (£323m) from a duty-free franchise. The case was initially filed in July and was accepted by a Bangkok court on Monday, with witnesses providing evidence early next year, according to Reuters. Srivaddhanaprabha, who led the takeover of Leicester in 2010, founded the retail business in 1989. King Power also owns Belgian side OH Leuven, now managed by former Foxes chief Nigel Pearson. Srivaddhanaprabha is worth around £3.7billion ensuring his status as of the richest men in Thailand. His son Aiyawatt is vice-chairman at the King Power Stadium. |
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fitzyefc
Monster Midfielder
Posts: 1,295
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Post by fitzyefc on Nov 13, 2017 20:08:12 GMT
What happened to the league vetting club owners?
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