A recent article published by Kaohoon International discusses King Power. The article talks about their challenges to meet a current deal of payment.
In a recent interview on the “Kaohoon Turakij” program, Kerati Kijmanawat is the CEO of Airports of Thailand Public Company Limited. He addresses investors’ concerns. These concerns are about AOT’s financial health. They arise following liquidity issues at King Power Duty-Free, a key contractual partner.
The news have reached different branches of the LCFC fanbase. Often, news like this will affect players if they are aware of such problems. We have received different messages of concern at this website. Our earlier belief in Khun Top and Jon Rudkin has changed in some way.
What makes a different call is the fact that Khun Top just recently converted depth to equity. This is a cash issue. It also makes the club better adjusted to prepare for a potential sale of the club. This would give Khun Top a chance to get his money back when the value of the club is measured.
Leicester City owners write off £124 million of loans by converting into shares. This means they will not be hit by the Premier League’s invented interest charge for PSR purposes #LCFC pic.twitter.com/tu80gOext5
— Kieran Maguire (@KieranMaguire) January 24, 2025
Leicester would be a club of interest for different potential buyers. To have a Thai ownership looked good. Leicester fans felt they were part of a family affair. However, the recent downfall in results is concerning. With different financial challenges coming to surface, you start to wonder.
Kieran Maguire, a finance specialist in football, has earlier made predictions about Leicester City. He has talked about different issues regarding PSR and FFP. Leicester have managed to escape all these challenges. They have also avoided points deductions. Loopholes not seen as possible, but still Leicester found them. We certainly hope that in the future, the club will focus more on building their foundations around internal recruitment. They should enhance their knowledge about the transfer market. Today the approach is preferable splashing the cash and giving away contracts that don’t benefit the club long term. Such contracts looks major gifts to players and agents.
There are talks from different angles. You start to wonder if anyone really has a correct picture of what is truly happening. We trusted our sources. The January transfer window happenings were unexpected. Leicester made only one addition, a player for squad purposes and no strength of the first eleven. This news makes us believe that the club looks cash strapped. Viewing the situation with concern.
This cold of course lead to a sale of the club. At this point, we have no indications of such happenings. However, recent news makes it seem far from impossible.
We do believe everything at this point is done in the best interest of the club. We anticipate a long-term relationship with the Thai owners will be the outcome. However, it looks very dark. A relegation will lead to another reduction of potential investments and a major sale of the clubs best players.
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