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MattFox

KP Financial Troubles in Thailand

By MattFox, in Leicester City Forum

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MattFox

MattFox

Posted
Posted (edited)

https://www.kaohooninternational.com/markets/552652
 

One to keep an eye on looks like KP are struggling to make the payments required to the Thai authorities for their airport facilities 

 

Edit:

 

From another article looks like the 2019 deal they did with the Thai government pre Covid has left them on bad terms financially and they are trying to renegotiate payments

 

https://www.nationthailand.com/business/corporate/40046425

Edited by MattFox
  • Like 1
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Claridge

Claridge

Posted
Posted
3 minutes ago, Scotch said:

I wonder if they could raise funds by selling off some overseas assets..... specifically, US!

How much do think we are worth, with the debts and prospects etc…

Surely they would have to give us away for free, unless Top just writes off his investment. The way it’s going that might be his only option if he wanted out

  • Haha 1
fox_up_north

fox_up_north

Posted
Posted

Well we're probably worth more than when they bought us but it's whether the money is desperately needed now. 

 

That said, they have mismanaged the value of their asset because we aren't worth anywhere near what we were even a year ago, I reckon. 

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Lako42

Lako42

Posted
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Posted

They've managed to **** up running a monopoly 

 

Why doesn't it surprise me. Not just this part of Vichai's kingdom that is being screwed then. 

  • Like 20
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AjcW

AjcW

Posted
Posted
3 minutes ago, moore_94 said:

I was wondering where the Tom Cannon money had gone… :ph34r:

Not just the Tom Cannon money mate....

StanSP

StanSP

Posted
Posted

I'm at the point now where it's worth just joining the crowd and getting some immoral* owners in like Saudis or US who hate what football actually is even more than ever before. Let's get the extra game in America and Middle East and wherever else they want and just be done with it. 

 

 

 

 

*i know our owners aren't squeaky clean... 

AjcW

AjcW

Posted
Posted

Anyone know where that latest Macquarie loan secured against our parachute payment for next season has gone? :ph34r:

Lako42

Lako42

Posted
Posted

Would love someone to do some proper forensic investigation into the finances here and any links there. 

 

 

This equity conversion is all smoke and mirrors. 

 

 

Hopefully making us more attractive for a sell however I think we might be more useful as a financial vehicle if they are struggling back home. 

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AjcW

AjcW

Posted
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Posted
5 minutes ago, Lako42 said:

Would love someone to do some proper forensic investigation into the finances here and any links there. 

 

It's incredibly tricky to do, it took me weeks to untangle the web that is BCGame

 

What I would say though, taking out a Macquarie loan secured against future prem payments... and then not spending that loan to try and stay up, looks really ****ing suss!

  • Like 15

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