Brighton Sky Blue
Well-Known Member
I think, and it only THINK mind, that Leicester's owner has converted debt to equity, or some kind of legal malarky, so that effectively most of what he's put in is transferred to the club itself, so he can't go and take the dosh out himself. Something to that effect, though doubtless someone will put us right.
While he's a rich businessman who didn't get where he was today by wasting money, maybe its some kind of honour or pride thing with him where he's really stuck with them and put his money where his mouth is. Perhaps there will be a point when he does think enough is enough, like the Villa Chairman, and sell up...but saying he'll shell out £180m to make them a top 5 club, I think he'll stick around until he achieves just that. Remarkable, I thought he followed West Ham!
Hi COAB
The way a Leicester fan explained it to me is that the Thais are happy to gift their investment away as equity because the club is being used as a free advertising tool for King Power in the UK. In other words the added publicity and commercial exposure from using Leicester to promote the 'brand' is worth the football outlay.
Modern football folks.