Leicester’s owners sued for £323m owed in Thailand by King Power duty free business

November 13 – The Thai owners of surprise 2016 English Premier League champions Leicester City are reportedly being sued for £323 million over money owed to their government.

A case against Vichai Srivaddhanaprabha has been accepted by the Thai Central Criminal Court for Corruption and Misconduct, with proceedings set to start in February.

Authorities allege duty free firm King Power, owned by Srivaddhanaprabha and after which Leicester’s stadium is named, owes that figure to the Thai government from the operation of airport franchises it was granted in 2006.

The action against Srivaddhanaprabha – who is reportedly worth around $4.9 billion – and his family was initially filed in July. According to Reuters, at a hearing on Monday last week the Central Criminal Court accepted the case and witnesses will now be heard in February.

The case is also being brought against executives of state-owned Airports of Thailand.

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