Tag Archives: king power

Leicester’s Owners Purchase the King Power Stadium

This morning has brought the momentous news that Leicester City’s owners have struck a deal to buy the King Power Stadium through their company K Power Holdings Co Ltd…

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According to the Leicester Mercury previous owners Teachers Insurance, an American pension fund manager that will be a name familiar from the dark days of administration ten years ago, received £17 million in the deal.

Vice-chairman Aiyawatt Srivaddhanaprabha (formerly Raksriaksorn) explained: “It has always been part of our long-term vision to put the stadium back where it belongs, into the hands of the football club. While 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.”

This is great news for Leicester City, who have had this drain on the finances holding them back for over a decade, and also underlines the Srivaddhanaprabha’s commitment to the club.

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Leicester unveil new vice-Chairman – Liu Shillai

Liu Shillai, described on the official LCFC site as “A Chinese entrepreneur and influential, successful businessman…” will take up his new position on the City board of directors from December 1…

It appears that Mr Shillai has been given a brief to engage Leicester City with the vast Chinese market.
This move has been rubber stamped by the Football League and does not alter the ownership structure of the club.

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Striker Target Revealed

Sven Goran Eriksson gave some insight into his team building plans telling the Mercury: Eriksson said: “We want two players for every position and we have that with defenders and midfielders now…”

He also hinted that City are close to bringing in another striker, with sources in South Wales claiming that big wages are to be offered to Middlesbrough’s Leroy Lita to divert him from a move to Swansea.
The Congolese born 26 year old played for Bristol City and Reading before moving to the Riverside in 2009.
He has maintained a decent scoring rate at all his clubs, including 7 in 16 games while on loan at Norwich City.

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City’s Far East Profile is Raised…

Don’t forget to send us a postcard from your travels this summer…

First up is Joel Bevans….

I’ve been a City fan since the age dot. Mum and Dad took me along from an early age and I  was instantly hooked! I am an avid reader of The Fox and have been a Foxile for a number of years. 

I got married in July 2010 and have been on a backpacking honeymoon, around the world.  I recently passed through Bangkok Airport and was thrilled to see stacks of LCFC merchandise including shirts, t-shirts, hats, mugs, DVD’s and key rings. I felt like I was back in the Club shop, well I suppose I was, just a little further afield.  The cherry on the top was the flatscreen showing full 90 minute coverage of City’s games. Brilliant!
 
 

Subscribe to The Fox fanzine for the 2011-12 season and you will receive a free set of four Leicester City postcards…

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Football League Rubber Stamp City Takeover

The takeover of Leicester City, fronted by Aiyawatt and Vichai Raksriaksorn, has finally been approved by the Football League.

Leicester City became the first club to pass the new, more stingent test and a Football League statement read:
“We warmly welcome the new owners of Leicester City to The Football League. We also thank the new owners and club officials for their full cooperation during the review process that has now been completed.”

Milan Mandaric remains chairman for the time being.

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Kyle Naughton Signs on Loan

Sven Goran Eriksson’s first addition to the squad is Tottenham Hotspur defender Kyle Naughton, on loan until January.

The England under-21 right-back has not been able to break into the Spurs side following a move from Sheffield United last summer and it is suggested that this could become a permanent deal.

The Leicester Mercury is reporting that the takeover of LCFC should soon be ratified by the Football League:
“Leicester City’s takeover will today be discussed by the board of the Football League.
The sale of City by Milan Mandaric to the Asia Football Investments consortium is on the agenda at the League’s monthly board meeting and the deal could be finally ratified.
The board may not officially give final approval today, but the Mercury understands the deal is expected to be ratified before the next monthly meeting, if not today.
Sources at the Football League said there have been no “red flags” for the takeover and they have received no information to put the takeover into any doubt.”

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City Ease to Victory in Bangkok

Thailand 0: 2 Leicester City

City enjoyed a comfortable 2-0 win over the Thai national side at the Supachalasai Stadium in Bangkok on Saturday with goals from Martyn Waghorn and Paul Gallagher…

City were never really stretched and looked in control of the game from the moment Waghorn’s smartly struck shot on the turn gave them a 10th minute lead.
Waghorn then hit the bar with an effort before Gallagher doubled City’s lead in the 34th minute, curling a shot across goal in at the far post after being sent clear down the left.
Just before the break N’Guessan was stretchered off after being prevented from scoring with a last ditch tackle. 
Kennedy, Moussa and Moreno were introduced for the second half as City continued to dominate, but couldn’t add to the scoreline.

Howard had one effort disallowed and another well saved by Thamasatchanan and Oakley and Waghorn also went close, but Sven Goran Eriksson had to be content with a 2-0 win in his first game in charge.

City: Weale, Lamey, Morrison, Hobbs, Berner, Gallagher, Wellens, Oakley, N’Guessan, Howard, Waghorn. Subs: Moreno, Logan, Kennedy, Moussa, Parkes, Ikeme.

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Cardiff Succumb to King Power

Leicester City 2:1 Cardiff City

City finally claimed their first victory of the season, two goals from Andy King settling a thrilling game against Cardiff at Filbert Way on Tuesday night…

Paulo Sousa made one change to his side with Howard in for Fryatt, facing a weakened Cardiff team missing the considerable talents of Craig Bellamy, Michael Chopra and Jay Bothroyd.
After a hesitant opening the first chance fell to the Bluebirds, with Koumas’s shot being held by on-loan keeper Ikeme after a spot of juggling.  
City then had a better spell with crosses from Dyer and Waghorn not finding any takers and Wellens sending a long range effort over the bar. Despite this it was the visitors who took a  25th minute lead completely out of the blue.
Naylor, some 40 yards out on the left, struck what looked like a cross but could have been a shot. It completely deceived the backpedalling Ikeme and ended up in the net.
Cardiff almost extended their lead but Ikeme made a good save from an unmarked Keogh from 15 yards.
City almost went in even at the break but a Howard header was cleared off the line and then Waghorn couldn’t quite convert a Dyer cross at full stretch at the far post.
As has been the case for much of this season, City had nothing to show for a decent performance, but they were to put that right in the second half.
Just six minutes after the break Wellens delievered a precise cross for King to nod past Marshall and City were on level terms.  
City had their tails up now, creating chance after chance, roared on by the home crowd. Waghorn and Dyer both sent efforts narrowly wide, and Marshall was almost caught out by an Oakley effort, saving with his knee. Waghorn saved forced a great save from the Cardiff keeper with a low shot, before sending yet another effort just wide.
Such was the pressure on the Welsh side that a goal had to come and it arrived in the 68th minute. A neat passing move saw Neilson feed Wellens, who set up King for a cool finish from close in.
The noise that greeted what turned out to be the winner could have come from a full house and seemed signify a corner being turned in Sousa’s management.
Marshall then gifted Dyer a chance with a wayward ball out but the winger fired his shot against the right hand post.
Yuki Abe came on for his debut in the 81st minute, replacing King who was given a fantastic ovation off the field.
After Burke sent a shot well over Cardiff were done. City’s increasingly polished passing game denied them any meaningful possession and even the five minutes time added on was comfortable.

A delighted Sousa expressed himself as only he can: “I am very happy and we have deserved this win before so it is nice to get under way. I feel the team is closer to my personality now. We had the character, anger and desire to win the game and my image is on them now.”

Having seen second placed Cardiff despatched, City fans now await the visit of table-topping QPR with relish…

Leicester: Ikeme, Berner, Hobbs, Neilson, Morrison, King (Abe 82), Dyer, Oakley, Wellens, Howard, Waghorn (Gallagher 85). Subs Not Used: Logan, Fryatt, Moreno, Moussa, Vítor.
Cardiff: Marshall, Naylor, Gyepes, McNaughton, Hudson, Koumas (Wildig 60), Burke, Whittingham, Rae, McPhail (Blake 69), Keogh. Subs Not Used: Quinn, Heaton, Taiwo, Matthews, Jarvis.

Referee: K G Evans. Attendance: 20,510.

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City Takeover – More Questions Than Answers

The Guardian’s David Conn has this morning highlighted the fact that we are still very light on details regarding the recent takeover of Leicester City.

Conn even offers the theory, echoing local rumours, that the deal has not even gone through yet and is still at the due diligence stage.
Milan Mandaric has spoken in extremely vague terms about the takeover, which apparently sees ownership of the club pass from him to the Asia Football Consortium, and now it appears that the club do not yet have Football League approval for the move.
There were also contradictory messages coming from the Leicester press conference and the one held in Bangkok announcing the Raksriaksorn’s takeover.

Curiouser and curiouser….. you can read David Conn’s article here: http://www.guardian.co.uk/sport/david-conn-inside-sport-blog/2010/aug/25/leicester-takeover-football-league-transparency

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To subscribe to The FOX for the 2010-11 season, get your Summer Special in the post right away, and claim your free limited edition print send a cheque for £14.00 to:

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