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J.Lisemore

New owner eyes promotion

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New Leicester City owner Vichai Raksriaksorn wants the Championship side to return to the Premier League next season following his takeover of the Foxes.

Vichai, chairman and CEO of King Power Group, told a press conference yesterday that while his duty-free business would gain from the deal, the takeover was prompted by sporting rather than business reasons.

"It is a challenge. Our goal is to take Leicester back to the Premier League next year," said Vichai who completed the takeover last week.

At this stage, Leicester may bring in unwanted players from big Premier League clubs on loan or buy players at a reasonable price, he said.

"You never know, we may buy Didier Drogba," Vichai said jokingly.

His son Aiyawatt, now a Leicester director, said the club need quality defenders and midfielders but manager Paulo Sousa will be allowed to look for players he wants and Aiyawatt will then make a decision whether the club should buy them.

Earlier reports claimed Vichai was in talks with a TV station for it to show Leicester's remaining games this season live.

Leicester finished fifth in the Championship last season and failed in the play-offs for a Premiership berth. The Foxes last played in the top flight in 2004.

Vichai said it was Phairoj Piempongsarn who introduced him to Leicester and a deal was struck after a talk with club chairman Milan Mandaric. Phairoj is one of former prime minister Thaksin Shinawatra's close aides who helped broker Thaksin's takeover of Manchester City in 2007.

Vichai, whose favourite sport is polo, insisted that he took over the club because he loves sports and wants to help push Thai football to international standard.

King Power has recently signed a contract to become a major sponsor of the club with its logo on the players' shirts.

Vichai said Leicester's Walker Stadium will be renamed King Power Stadium in December after the contract with a sponsor expires.

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Hopefully if the deal goes through, this will mean we will have a stream for every away game? :)

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New Leicester City owner Vichai Raksriaksorn wants the Championship side to return to the Premier League next season following his takeover of the Foxes.

Vichai, chairman and CEO of King Power Group, told a press conference yesterday that while his duty-free business would gain from the deal, the takeover was prompted by sporting rather than business reasons.

"It is a challenge. Our goal is to take Leicester back to the Premier League next year," said Vichai who completed the takeover last week.

At this stage, Leicester may bring in unwanted players from big Premier League clubs on loan or buy players at a reasonable price, he said.

"You never know, we may buy Didier Drogba," Vichai said jokingly.

His son Aiyawatt, now a Leicester director, said the club need quality defenders and midfielders but manager Paulo Sousa will be allowed to look for players he wants and Aiyawatt will then make a decision whether the club should buy them.

Earlier reports claimed Vichai was in talks with a TV station for it to show Leicester's remaining games this season live.

Leicester finished fifth in the Championship last season and failed in the play-offs for a Premiership berth. The Foxes last played in the top flight in 2004.

Vichai said it was Phairoj Piempongsarn who introduced him to Leicester and a deal was struck after a talk with club chairman Milan Mandaric. Phairoj is one of former prime minister Thaksin Shinawatra's close aides who helped broker Thaksin's takeover of Manchester City in 2007.

Vichai, whose favourite sport is polo, insisted that he took over the club because he loves sports and wants to help push Thai football to international standard.

King Power has recently signed a contract to become a major sponsor of the club with its logo on the players' shirts.

Vichai said Leicester's Walker Stadium will be renamed King Power Stadium in December after the contract with a sponsor expires.

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Hopefully if the deal goes through, this will mean we will have a stream for every away game? :)

Superb if we do. Also the King Power Stadium is a mint name.

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His son Aiyawatt, now a Leicester director, said the club need quality defenders and midfielders but manager Paulo Sousa will be allowed to look for players he wants and Aiyawatt will then make a decision whether the club should buy them.

That's the only bit that concerns me, hope this doesn't lead to disagreements or dodgy signings. Ideally they'd just sign off on a budget but we'll see how it goes

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