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Leicester purchase stadium

Leicester owners, the Srivaddhanaprabha family, have completed their purchase of the King Power Stadium for a reported £17m.

Last Updated: 01/03/13 at 11:52 Post Comment   

King Power Stadium: Purchased by Leicester City's owners

King Power Stadium: Purchased by Leicester City's owners

The Foxes' home since 2002 had been owned by American pension fund company Teachers Insurance since the club came out of receivership soon after the ground opened.

But the club's owners have secured a deal for the 32,262-seater stadium that has been bought through their company K Power Holdings Co Ltd.

"It has always been part of our long-term vision to put the stadium back where it belongs, into the hands of the football club," vice-chairman Aiyawatt Srivaddhanaprabha told the club's official website.

"Purchasing the stadium was always a key element in this plan. The previous stadium owners have always been very co-operative.

"Whilst there are no immediate plans to alter the structure or design of the stadium site, the increased flexibility through direct ownership ensures that the football club can freely adjust to the changing needs of its supporter-base for the future."

The ground was built in 2002 at a cost of £37m to replace Filbert Street, but the club were soon plunged into administration.

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may well get slated by other United fans for this, but out of the three contenders, I'd far prefer Liverpool to win the title. Yes some elements of their fanbase can be a bit OTT, yes they're our biggest rivals and yes it will make our poor season feel even more like the end of an era (Fergie's gone, Liverpool are back on top). However I just have to applaud Brendan Rodgers and the way he's turned Liverpool around in just a couple of seasons. It...

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Please Stop Telling Us What To Think

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ooray! We are all excited now, we beat a very mediocre team! With all due respect to WHU supporters, not winning that game shouldn't even be a consideration. This is the problem, there is no winning mentality at the Emirates - we're all congratulating ourselves beating a team that we have a winning record against.

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s this meant to be an aspiration for United supporters? Moyes mediocrity strikes again. I see the Bayern boys don't want to sign for him, and his reputation amongst the senior European coaches make other key signings unlikely.

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