Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Leicester City owners complete full takeover

Wed 18th May 2011 | Clubs Ownership

Leicester City Football Club has announced that Asia Football Investments (AFI) has taken sole ownership of the club.

AFI owned 80% of the club, alongside Cronus Sports Management who owned 20%, prior to this announcement.

The substantial financial backing given to the club both on and off the field by AFI has come from King Power, headed by Vichai and Aiyawatt Raksriaksorn.

AFI announced their takeover of Leicester City Football Club in August 2010, ahead of being ratified by the Football League in October. Vichai and Aiyawatt Raksriaksorn became the first owners to be endorsed by the Football League's new examination of potential football club owners in the process.

Leicester City Vice-Chairman, Aiyawatt Raksriaksorn spoke exclusively to LCFC.COM on today's announcement: "We are very pleased to now own 100% of Leicester City Football Club. This year has been a tremendous experience and everyone at the club is already putting the foundations together for next season.

"I would like to thank the people of Leicester and Leicestershire for welcoming us in to their club and for showing us their support. We promise to do all we can to improve the club, deliver success and achieve a return to the Premier League."

Aiyawatt speaks exclusively in the next issue of F.C. Business Magazine of his plans for the future of the club.  

---------------------------------------------------------------------------------------------------

RETURN TO LATEST NEWS SECTION

SUBSCRIBE TO THE F.C. BUSINESS RSS FEED

 

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

 

 

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Chinese company 5USport buy stake in Northampton Town

Mon 26th Jun 2017 | Clubs Ownership

Northampton Town Football Club have announced a new partnership with 5USport, a Sports Development and Education Company based in Guangzhou, China. As part of this partnership and following approval...

Leyton Orient purchased by business consortium headed by Nigel Travis, a life-long fan of the club

Fri 23rd Jun 2017 | Clubs Ownership

Leyton Orient Football Club has announced that it has been purchased by a business consortium Eagle Investments 2017 Limited, headed by British-born Nigel Travis, 67, the Chairman and CEO of Dunkin'...

Massimo Cellino Leaves Leeds After Takeover

Wed 24th May 2017 | Clubs Ownership

Andrea Radrizzani has completed his takeover of Leeds United after purchasing Massimo Cellino’s 50% stake in the club. Radrizzani, who purchased 50% of the club in January, has acquired the...

EFL Approve Chinese Investment At Reading

Wed 17th May 2017 | Clubs Ownership

EFL approval granted as Chinese investors Dai Yongge and Dai Xiu Li take majority shareholding of club. Reading Football Club has confirmed Chinese brother and sister, Dai Yongge and Dai Xiu Li, have...