Many people among us do not know anything about the owner of Leicester City. Leicester City is a well-known Thai company that operates a vast number of duty-free shops in Thailand and beyond. Do not worry if you are unaware of this Thailand’s duty-free business. In today’s post, I will reveal who is the current owner of Leicester City and also about the Leicester City owner corruption details.
Who Is The Owner Of Leicester City?
The owner of Leicester City is King Power International Group which is a Thai travel retail group. This travel retail group is based in Bangkok and the CEO and Chairman of this group was Vichai Srivaddhanaprabha. King Power started in 1989 and is Thailand’s first downtown duty-free shop at Mahatun Plaza. It also won the sole concession to operate duty-free shops a Dont Mueang Airport and then Bangkok airport.
You can keep on reading further to know more about the Leicester City owner’s son.
About The Owner Of Leicester City
Vichai Srivaddhanaprabha was a Thai billionaire businessman born into a Thai Chinese family. He was also the founder, owner, and chairman of King Power Duty-Free, an operator of duty-free shops. He was ranked as the 5th richest man in Thailand by Forbes and has a net worth of US$4.9 billion.
Vichai got married to Airmon Srivaddhanaprabha and had four children; Voramas, Apichet, Aroonroong, and Aiyawatt. In 2012, the family got the new surname of Srivaddhanprabha which means light of progressive glory. Vichai was also a polo player and owned the VR Polo Club in Bangkok. He believed that Leicester City F.C.’s success or failure was affected by karma! Later, he build several Buddhist temples and supported Buddhist monks to accumulate good karma.
He also had a very good relationship with the Thai monk Phra Prommangkalachan along with his fellow monks. They often blessed the team players either in England or at the temple in Thailand. In fact, the monks often fly to see the players of the team.
In 2018, the Leicester City owner died outside the King Power Stadium. He was in the helicopter that crashed shortly after taking off from the pitch. Leicester City owner’s death video went viral shortly describing the helicopter spinning before crashing and creating a fireball! Later, it was confirmed that Vichai, two passengers, and the pilots died in the crash.
However, several tributes were laid to Vichai outside the King Power Stadium by players and fans of Leicester City. Well according to Thai burial customs, Vichai’s funeral lasted for eight days starting from 3rd November. The Asian Awards honored him with the Outstanding Contribution to the Community Award in 2019.
King Power’s duty-free business operates as a government-sanctioned monopoly. Over the years, it has been very close to the Thaksin, Abhisit, and Yingluck governments. In fact, King Power has also been a supporter of the post-coup governments of Sonthi Boonyaratglin and Prayut Chan-o-cha. The current owner of Leicester City King Power has been continuously contributing to Thai football with the Fox Hunt project. This project basically gives scholarships to talented youngsters who are trained under the Leicester Football Academy, England.
Vichai’s son Aiyawatt also funds a new training center for the Football Association of Thailand. This training center will be built in the Muak Lek District of Thailand’s Saraburi province. According to the latest news, Leicester City’s net worth today estimated is at $620 billion.
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Is Leicester City Owner Indian?
Srivaddhanaprabha is a Thai businessman who is the owner of Premier League football club Leicester City and the founder of the travel retail group King Power.
Who Is Leicester City Owner Top?
Aiyawatt (Top) is King Power’s chairman and CEO and shares his fortune with his mother and three siblings. Aiyawatt also chairs Leicester City, the English football club his family bought and turned around. They also own a major chunk of MahaNakhon, a Bangkok development that has one of Thailand’s tallest skyscrapers.
Who Is The Richest Man In Leicester?
Leicester-born gypsy Alfie Best, 52, is a newcomer in the East Midlands Rich List, with a £700 million family fortune. Best founded Essex-based Wyldecrest Parks in 2001.
Why Are There So Many Asians In Leicester?
Asian British residents, especially Indians, have risen since post-war migration to the UK began, famously Asians from Uganda who were expelled in 1972. In 1991, Asians as a broad multi-ethnic group made up nearly a quarter of the city’s population but have risen to above a third of the population at 37.1%.
Who Is Leicester City Biggest Rival?
The fixture between Nottingham Forest and Leicester City is a football rivalry played between the two East Midlands clubs, often referred to as an East Midlands derby.
How Did Vichai Srivaddhanaprabha Make His Money?
How did he earn his wealth? Srivaddhanaprabha earned his wealth through his company King Power, a chain of duty-free shops in Thailand.
Leicester City’s owner is the King Power International Group which is a Thai travel retail group. Earlier Vichai Srivaddhanaprabha was the owner of the company then was succeeded by his son Aiyawatt after Vichai’s death. The owner of Leicester City helicopter crash video was very heart-wrenching. It described the helicopter spinning before crashing and creating a fireball. The owner of Leicester City even has launched an online site selling duty-free items.
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