Soccer Football - Premier League - Stoke City vs Leicester City - bet365 Stadium, Stoke-on-Trent, Britain - November 4, 2017 Leicester City's Christian Fuchs, Jamie Vardy, Riyad Mahrez and Kelechi Iheanacho at the end of the match REUTERS/Darren Staples
CAIRO – 13 November 2017: A criminal court in Bangkok, Thailand accepted on Monday a case against the owners of Leicester City, King Power, for owing more than £323 million ($424 million) to the Thai government.
The company, founded in 1989 by Vichai Srivaddhanaprabha, has been sued alongside executives of state-owned Airports of Thailand (AOT).
The case against the company started in July 2017, and the court announced on Monday that they will hear from the witnesses in February 2018.
King Power Company bought Leicester City in 2010 for £39m when the club was competing in the championship. Since then, the club has found the right track under the new owners’ command.
Leicester City, founded in 1894, returned to the Premier League in 2014, and two years later they were crowned the Premier League champions for the first time in the club’s history.
King Power also owns a Belgian club, Oh Leuven, who competes in the Belgian second division.
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