King Power: A Tale of Rise and Ruin

[Sol thewall Bamba]

27 minutes ago, Lako42 said:

"Taking the helm of King Power Duty Free amidst its impending collapse, new CEO Nitinai Sirismatthakarn confronts the monumental task of company revival and the critical need to restore accountability"

 

 

These lot really have been asleep at both wheels. It seems like this lack of accountability isn't unique to the operating of the football club. 

 

 

The people that have defended these lot regardless of abject failure should be ashamed. We could be in real trouble. 

This will spin a lot of heads on Facebook where everything is absolutely fine apparently.

[VLC86]

Shocked that Larb sticks aren’t propping their organisation up tbh.

[Wymsey]

Not being funny - will the Vichai statue at the stadium remain, if King Power do go at some point?..

[CosbehFox]

46 minutes ago, los dedos said:

Yes tourism has had a few bad years but last year was the 3rd highest ever in Thailand 

This excuse will start to wear thin pretty soon .

Not like they haven't got a track record of this. Where they use an excuse in a trope like fashion. 

 

Citing Covid as the reason why we couldn't sell players and Ben White was getting brought by Arsenal for £50 million. 

Edited 23 June 2025 by CosbehFox

[CosbehFox]

That interview just confirms they've lost any protection they had via the government and defacto the media. Those privileges are gone and now they have to show proper business acumen to turn this around. 

[jonthefox]

13 minutes ago, Wymsey said:

Not being funny - will the Vichai statue at the stadium remain, if King Power do go at some point?..

I’d like to think so. Despite everything that has happened recently, he’s still one of the most influential people ever to be associated with the club.

[SemperEadem]

28 minutes ago, Wymsey said:

Not being funny - will the Vichai statue at the stadium remain, if King Power do go at some point?..

Yeah, no one is going to pull that down.

[Levi Port]

48 minutes ago, CosbehFox said:

Not like they haven't got a track record of this. Where they use an excuse in a trope like fashion. 

 

Citing Covid as the reason why we couldn't sell players and Ben White was getting brought by Arsenal for £50 million. 

I remember Tanner saying Covid wiped out the middle market, clubs from 6th to 20th didn’t have the cash to spend that they used to at that time. Same goes with European clubs.That was our market. Top clubs still had the finances to buy though. Doesn’t excuse our failure to buy shit and never sell. 

Edited 23 June 2025 by Levi Port

[Tommy G]

53 minutes ago, Wymsey said:

Not being funny - will the Vichai statue at the stadium remain, if King Power do go at some point?..

Not being funny - why would anyone want to pull a statue of Vichai down?

[MattFox]

1 hour ago, Wymsey said:

Not being funny - will the Vichai statue at the stadium remain, if King Power do go at some point?..

No unless they want it to go

[Buzzell]

King Power on its arse. Brilliant.

[The Year Of The Fox]

7 hours ago, CL Fox said:

Can someone tell Graham Brock please

Who?

[Finnegan]

 Yet others question whether insider knowledge can solve what are ultimately business model failures.

"King Power over-leveraged itself with unsustainable minimum guarantee commitments," argues a retail sector specialist. "No amount of political nous can change the mathematics of tourism decline and excessive debt."

 

 

 

[Fox1norfolk]

On 22/06/2025 at 13:17, ftfagos said:

Classic failure to diversify 

Plus owning 67 racehorses, not a wise investment

[Paninistickers]

41 minutes ago, Tommy G said:

Not being funny - why would anyone want to pull a statue of Vichai down?

It needs moving though, to the garden..

 

A club owner died at the stadium in dramatic and upsetting circumstances. It may sound insensitive, but that shouldn't be a Munich or Hillsborough level memorial. They were young players and fans who all died 'in the line of duty'.

[MattFox]

2 hours ago, Sol thewall Bamba said:

This will spin a lot of heads on Facebook where everything is absolutely fine apparently.

King Power could fall into liquidation and you’d still get people calling it some sort of 4 D chess savvy business move

[AjcW]

What an absolute cluster****  

[SecretPro]

It's been coming. 

[CosbehFox]

1 hour ago, Levi Port said:

I remember Tanner saying Covid wiped out the middle market, clubs from 6th to 20th didn’t have the cash to spend that they used to at that time. Same goes with European clubs.That was our market. Top clubs still had the finances to buy though. Doesn’t excuse our failure to buy shit and never sell. 

If you look at our ten biggest sales, all of them went to big six bar Newcastle and Al Nassr. 

[CrispinLA in Texas]

Read that Kingpower's yearly revenue to June 2025 is $500 billion, that's quite a lot from several duty free stores and afew stores in shopping malls and an online store.

Dunno if that includes the football club but I reckon it does

[MattFox]

2 hours ago, CosbehFox said:

Not like they haven't got a track record of this. Where they use an excuse in a trope like fashion. 

 

Citing Covid as the reason why we couldn't sell players and Ben White was getting brought by Arsenal for £50 million. 

Distinctively remember the excuse for Aiyawatt not being involved more with LCFC during that period was that he was busy “sorting out KP”

 

Turns out that was another mis truth

[justfoxes]

So Top what’s the Plan Sell up or keep struggling along like a lame pony ?

[accessory]

1 hour ago, Paninistickers said:

It needs moving though, to the garden..

 

A club owner died at the stadium in dramatic and upsetting circumstances. It may sound insensitive, but that shouldn't be a Munich or Hillsborough level memorial. They were young players and fans who all died 'in the line of duty'

And Vichai (as well as his staff and crew) didn't???

 

He gave his life for our club.

 

Whatever we may feel about King Power, that should NEVER be forgotten.

[StanSP]

How long before we stop paying players and staff... 

[Levi Port]

1 hour ago, CosbehFox said:

If you look at our ten biggest sales, all of them went to big six bar Newcastle and Al Nassr. 

Exactly, we struggle to sell average players to middle clubs and it was documented as being especially hard in covid