Close Menu
Chronicle.ng
    Trending Stories
    President Tinubu congratulates Rotimi Amaechi on 60th birthday

    2027: Only a mass movement can stop Tinubu – Amaechi 

    July 3, 2025
    Diogo Jota has joined Liverpool from Wolves

    Liverpool express sadness over Diogo Jota, brother’s deaths

    July 3, 2025
    Lakurawa terrorists kill 15 in Sokoto village

    Lakurawa terrorists kill 15 in Sokoto village

    July 3, 2025
    Facebook X (Twitter) Instagram
    Trending
    • 2027: Only a mass movement can stop Tinubu – Amaechi 
    • Liverpool express sadness over Diogo Jota, brother’s deaths
    • Lakurawa terrorists kill 15 in Sokoto village
    • AMCON sells Ibadan Electricity DisCo for N100bn
    • Liverpool fans gather outside Anfield paying their respects to Diogo Jota
    • Chelsea, PSG, Real Madrid, Bayern Munich hold silent tribute for Jota
    • Chicago nightclub shooting leaves four killed, 14 injured
    • Remi Tinubu donates N1bn to Plateau attack victims
    Facebook X (Twitter) Instagram
    Chronicle.ngChronicle.ng
    Subscribe
    Thursday, July 3
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle.ng

    Leicester City’s owners sued for £323m owed Thai govt

    Chronicle EditorBy Chronicle EditorNovember 13, 2017No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Vichai Srivaddhanaprabha (right) and his son Aiyawatt own Leicester City
    Facebook Twitter WhatsApp
    Vichai Srivaddhanaprabha (right) and his son Aiyawatt own Leicester City

    The owners of Leicester City Football Club are reportedly being sued for £323m over money owed to the Thai government.

    A criminal court in Bangkok accepted the case against King Power International on Monday, according to Reuters news agency.


    The case is also being brought against executives of state-owned Airports of Thailand (AOT), Reuters says.

    READ: Croatia secure World Cup place at expense of Greece

    The BBC has contacted Leicester City FC, King Power and AOT for comment.

    • Retail business King Power was founded by Vichai Srivaddhanaprabha in 1989
    • The company was awarded its Thai duty-free monopoly in 2006
    • Srivaddhanaprabha, who is worth an estimated $4.9bn, bought Leicester City in 2010
    • King Power also own Belgian club OH Leuven and have a controlling stake in the operator of AirAsia

    The lawsuit accuses King Power of failing to pay the Thai government 14 billion baht (£323m) from the operation of a duty-free franchise it was awarded in 2006.

    Leicester City won the English Premier League in 2015/2016 season

    At a hearing on Monday, the Central Criminal Court in Bangkok accepted the case and said it would now hear from witnesses in February next year.

    The action against King Power, owned by Vichai Srivaddhanaprabha and his family, was initially filed in July.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    President Tinubu congratulates Rotimi Amaechi on 60th birthday

    2027: Only a mass movement can stop Tinubu – Amaechi 

    Diogo Jota has joined Liverpool from Wolves

    Liverpool express sadness over Diogo Jota, brother’s deaths

    Lakurawa terrorists kill 15 in Sokoto village

    Lakurawa terrorists kill 15 in Sokoto village

    AMCON sells Ibadan Electricity DisCo for N100bn

    AMCON sells Ibadan Electricity DisCo for N100bn

    Diogo Jota scored twice as Liverpool knocked out Arsenal to reach Carabao Cup final

    Liverpool fans gather outside Anfield paying their respects to Diogo Jota

    Jota scores twice for Liverpool

    Chelsea, PSG, Real Madrid, Bayern Munich hold silent tribute for Jota

    Add A Comment

    Comments are closed.

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    President Tinubu congratulates Rotimi Amaechi on 60th birthday

    2027: Only a mass movement can stop Tinubu – Amaechi 

    July 3, 2025
    Diogo Jota has joined Liverpool from Wolves

    Liverpool express sadness over Diogo Jota, brother’s deaths

    July 3, 2025
    Lakurawa terrorists kill 15 in Sokoto village

    Lakurawa terrorists kill 15 in Sokoto village

    July 3, 2025
    AMCON sells Ibadan Electricity DisCo for N100bn

    AMCON sells Ibadan Electricity DisCo for N100bn

    July 3, 2025
    Diogo Jota scored twice as Liverpool knocked out Arsenal to reach Carabao Cup final

    Liverpool fans gather outside Anfield paying their respects to Diogo Jota

    July 3, 2025
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2025 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.