LCFC Chairman Approves Further Debt-To-Equity Conversions

Leicester City Football Club today announces two new issues of shares to King Power International and Aiyawatt Srivaddhanaprabha, relieving the Club of a combined total of £124m of debt to its parent company and owner.

2025-01-24T16:42+00:00

by Admin

Published

24 Jan, 2025

LCFC Chairman Approves Further Debt-To-Equity Conversions

Leicester City Football Club today announces two new issues of shares to King Power International and Aiyawatt Srivaddhanaprabha, relieving the Club of a combined total of £124m of debt to its parent company and owner.

Admin

2025-01-24T16:42+00:00

LCFC Chairman Approves Further Debt-To-Equity Conversions

Leicester City Football Club today announces two new issues of shares to King Power International and Aiyawatt Srivaddhanaprabha, relieving the Club of a combined total of £124m of debt to its parent company and owner.

Admin

2025-01-24T16:42+00:00

LCFC Chairman Approves Further Debt-To-Equity Conversions

Leicester City Football Club today announces two new issues of shares to King Power International and Aiyawatt Srivaddhanaprabha, relieving the Club of a combined total of £124m of debt to its parent company and owner.

Admin

2025-01-24T16:42+00:00

LCFC Chairman Approves Further Debt-To-Equity Conversions

Leicester City Football Club today announces two new issues of shares to King Power International and Aiyawatt Srivaddhanaprabha, relieving the Club of a combined total of £124m of debt to its parent company and owner.

Admin

2025-01-24T16:42+00:00

The share allotments, filed with Companies House this week, capitalise previous loans from KPI and Khun Top which have supported the Club’s recent development. The move strengthens the Club’s balance sheet, reduces interest costs and relieves the Club of all remaining shareholder loans.

This latest debt-to-equity conversion takes the Srivaddhanaprabha family’s overall investment during its ownership of Leicester City to over £420m. The Club remains grateful for the family’s unwavering support and for the long-term security they continue to provide.

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