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.

TEAMtalk Facebook Fan Page

The TEAMtalk fan page is a great place to meet like minded people, have football related discussions and make new friends.

Related News

Most Commented

Readers' Comments

E

ven if United were to sign CR7 & Messi to play upfront, the fact remains Fletcher and Cleverly are playing in midfield. That's where the problem is. Fletcher is too slow with an awful pass, while Cleverly is simply rubbish

mrunited4life
Di Maria - A Signing of Necessity, or Opportunity?

T

hese days, these days, you can't say something racist without somebody saying that you're a racist.

tk421
'Wrong' Views Not Silenced By Shouting...

D

rop Rooney (he's so disappointing, overrated and overpaid), and play Di Maria and RVP upfront, much like the set up at the Netherlands team with Roben and RVP...

eric bush3
Di Maria - A Signing of Necessity, or Opportunity?

Footer 365

Transfer news: Everton complete loan deal for David Henen from Olympiakos

Everton beat Monday’s transfer deadline to sign Belgian forward David Henen on a season-long loan from Olympiakos.

Transfer Deadline Day: Hull City splash out but Radamel Falcao move to Manchester United makes headlines

Hull were the most active club on deadline day but it was Man Utd's signing of Radamel Falcao which grabbed headlines.

Transfer news: Radamel Falcao joins Manchester United from Monaco on season-long loan

Manchester United have signed Monaco striker Radamel Falcao on a season-long loan with an option to buy.

Mail Box

Danny Welbeck - Yes, No And Maybe

And understandably busy Mailbox with the instant reactions with those happy and sad on their club's transfer dealings. On Welbeck, Arsenal, United, Spurs and loans...

It's That Time Again: 'Wenger Out'

Are Arsenal fans the ficklest in the Premier League? That's one question in the mailbox as Gooners call for Wenger to leave (again). Plus, plenty of reaction to Falcao...

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