The Liberty Stadium

Next Game

Swansea v Leicester

Saturday, 25 October 2014, 17:30

Barclays Prem

St James' Park, Newcastle

Last Game

Newcastle 1 - 0 Leicester

Saturday, 18 October 2014, 15:00

Barclays Prem

Leicester role for Richards

A boardroom shake up at Leicester is set to see Sir Dave Richards become the Championship club's new chairman, according to reports.

Last Updated: 18/06/13 at 12:14 Post Comment

Sir Dave Richards: Set for Leicester chairman role

Sir Dave Richards: Set for Leicester chairman role

Richards, the former Sheffield Wednesday chairman, will return to club football when he steps down from his role with the FA Premier League at the end of this month.

The 70-year-old will replace Vichai Srivaddhanaprabha at Leicester and Terry Robinson will join him at the King Power Stadium to work alongside manager Nigel Pearson as director of football after leaving Stoke's academy.

It is understood the Foxes have made the appointments with Financial Fair Play (FFP) in mind.

The forthcoming FFP rules, if broken, carry penalties such as a transfer embargo and last season Leicester's losses were in excess of £29million.

As Vichai Srivaddhanaprabha prepares the club for what he hopes will soon be Premier League football, Richards has been brought in to ensure it is run on a cost-effective basis.

He is a member of the FA's board, chairman of the FA's international committee, president of the European Professional Football Leagues organisation and chairman of UEFA's Professional Football Committee.

Robinson's brief will be to assist Pearson in squad building but he will specifically be asked to concentrate on lowering Leicester's wage bill by jettisoning a number of high earners signed by former manager Sven-Goran Eriksson.

Related News

Most Commented

Readers' Comments

F

ergie, aren't you supposed to make a beep beep noise when backing up like that?

simonthfc
Ferguson: Club made Moyes decision

S

ome of these are quality! Why you no like him F365?? :(

left right out
The, Erm, 'Best' Of Henry James Redknapp

W

e're our own worst enemy. We're suicidal in defence, and we may just get slaughtered on Sunday. Other than that, I am very pleased with my team.

bob the manc
Van Gaal: We can catch Chelsea

Footer 365

Champions League: Real Madrid ease past Liverpool with 3-0 win at Anfield

Real Madrid produced a first-half masterclass as they overpowered Liverpool 3-0 in the Champions League at Anfield.

Champions League: Late goals give Arsenal 2-1 victory at Anderlecht

Arsenal scored twice in the final two minutes to come from behind and secure a 2-1 Champions League win at Anderlecht.

Massimo Cellino defends Giuseppe Bellusci after Cameron Jerome's racism claim

Leeds owner Massimo Cellino has defended Giuseppe Bellusci after the defender was accused of making a racist comment.

Mail Box

Do Man City Have A 'Small Mentality'?

That's one claim in the mailbox after Vincent Kompany focused on a few hundred CSKA fans sneaking into the ground instead of City blowing a two-goal lead...

City: Like A Deer Caught In The Headlights

...while Chelsea just live for Champions League nights. That's one view in a mailbox that also includes several happy football fans and looks forward to Michael Carrick's return...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property