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Leicester taken over by Thai-based consortium


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Leicester City have been bought out by a Thai-based consortium but Milan Mandaric will stay on as chairman of the Championship club.

Aiyawatt Raksriaksorn, who owns the duty-free shopping business King Power Group, will front the consortium.

BBC Radio Leicester last week revealed that the King Power Group had agreed a three-year shirt sponsorship deal with the club and were in takeover talks.

More to follow.

http://news.bbc.co.uk/sport1/hi/football/teams/l/leicester_city/8908211.stm

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