
Leicester City: Chairman relieves club of outstanding debts of £194m to King Power International
Leicester chairman Aiyawatt Srivaddhanaprabha has cleared the club’s outstanding £194m debt to parent company King Power International (KPI). The club owed the amount in loans to KPI, which is owned by the Srivaddhanaprabha family. A debt-to-equity transfer to KPI was completed to relieve the club of its outstanding debts. Leicester said the move was evidence of “KPI’s commitment to supporting the club’s long-term sustainability”. “These loans have been provided by…









