Leicester City’s owners the Srivaddhanaprabha family, have completed the purchase of King Power Stadium.
The purchase of the stadium site by the club’s owners, through their K Power Holdings Co Ltd, from its previous owners, an American pension fund manager, forms a key part of the family’s plans to safeguard the Club’s long-term future.
Leicester City’s owners the Srivaddhanaprabha family, have completed the purchase of King Power Stadium.
The purchase of the stadium site by the club’s owners, through their K Power Holdings Co Ltd, from its previous owners, an American pension fund manager, forms a key part of the family’s plans to safeguard the Club’s long-term future.
Speaking of the purchase, Aiyawatt Srivaddhanaprabha, Vice Chairman of Leicester City Football Club, said: “It has always been part of our long-term vision to put the stadium back where it belon’s, into the hands of the Football Club.
‘Our plan is to bring long-term sustainable success to Leicester City Football Club. Purchasing the stadium was always a key element in this plan. The previous stadium owners have always been very cooperative.
‘Whilst there are no immediate plans to alter the structure or design of the stadium site, the increased flexibility through direct ownership ensures that the Football Club can freely adjust to the changing needs of its supporter-base for the future.’