Get all your news in one place.
100's of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
Sport

Leicester owner Aiyawatt clears £194m debt

Harvey Barnes celebrates scoring a goal for Leicester during their Premier League match against Brighton & Hove Albion at King Power Stadium in Leicester on Jan 21. (Photo: Reuters)

Leicester chairman Aiyawatt Srivaddhanaprabha has relieved the football club of an outstanding £194-million (7.8 billion baht) debt that had been owed to parent company King Power International.

The Premier League club said the loans had been issued by the Thai duty-free giant over the past four years to help build a new training ground and support investment in the squad through the coronavirus pandemic.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.