Club Statement On Ownership

Leicester City is delighted to announce that King Power International Company Limited (KPI), has taken direct ownership of the Football Club.

KPI is owned by the Raksriaksorn Family and is the parent and holding company of King Power Group of companies, ranked amongst the Top 10 duty free operators worldwide, and has received numerous global industry awards for its operations. The Group’s core businesses in Thailand include Airport and Airline retail shops, hotel, theatre, downtown Duty Free malls in Bangkok and Pattaya and sports.

Prior to this announcement, Leicester City had been wholly owned by the Raksriaksorn Family through Asia Football Investments (AFI), a Singapore-based company. Bringing Leicester City under the direct ownership of King Power International, the Raksriaksorn Family have underlined their long term commitment to Leicester City, its fans and its business partners to achieving lasting, sustainable success for Leicester City. There is no change in the Board or management of the Football Club. 

The takeover has been fully approved by the Football League.

Commenting on the change of ownership, Leicester City Vice Chairman Aiyawatt Raksriaksorn said: “This is all part of our plan to fund and deliver a programme of long-term, sustainable success for the Football Club. We are delighted to bring Leicester City directly under the ownership of King Power International, where it will be established as a core part of the group’s overall interests.

“The last two years have been an incredible experience and we firmly believe we have the key elements in place, both on and off the pitch, to take Leicester City back to the Premier League.

“I would like to personally thank the Leicester City fans and the people of Leicestershire for the amazing support they have already shown us in the early stages of our long-term vision for the Club, and look forward, together with the fans, to the season ahead and the long term success of the Club.”