Latest news with #KingPower
The Sun
9 hours ago
- Business
- The Sun
Leicester face battle to find a manager to replace Ruud van Nistelrooy amid points deduction fears
LEICESTER face a battle to convince their top managerial targets to take on the chaos gripping the crisis-hit club. The Foxes finally parted company with manager Ruud van Nistelrooy on Friday — 33 days after the end of the season — and a whopping 68 days since relegation was confirmed against Liverpool with five games remaining. 7 7 Sean Dyche and Sheffield Wednesday's departing boss Danny Rohl have emerged as the front-runners to replace the Dutchman following his marathon period as a dead-man walking. Former Wolves boss Gary O'Neil and ex-Middlesbrough manager Michael Carrick are also on Leicester's radar. However, club chiefs will find it tough to persuade any potential candidate to accept what increasingly appears to be a poisoned chalice. The Foxes seem to be in freefall and have a potential points deduction hanging over them in the Championship as Prem bosses charged them with breaching strict Profit and Sustainability Rules. Meanwhile, the club's main backers, King Power, have been plunged into a financial crisis and are feared to be on the brink of collapse after running up eye-watering losses of £450million. Legendary striker Jamie Vardy quit the East Midlands outfit this summer to cut the last ties with the club's 5,000-1 title-winning team which famously lifted Premier League trophy in 2016. Wilfred Ndidi, 28, is expected to follow him out of the door, with Everton and Manchester United looking to sign the powerful midfielder. No fewer than EIGHT players have entered the final year of their contracts, while Van Nistelrooy banished Harry Winks and Jannik Vestergaard for refusing to stay one night a week in Leicester. 7 7 With little cash available to patch up a wafer-thin squad already low on confidence following relegation, the new boss may also struggle to convince potential targets to join. It is a bleak prospect for Leicester chiefs — club chairman Aiyawatt 'Top' Srivaddhanaprabha and beleaguered director of football Jon Rudkin — as they try to find 48-year-old Van Nistelrooy's replacement. Ruud Van Nistelrooy speaks after Leicester relegated to the Championship Title-winner Marc Albrighton fears for his former club, whose players return for pre-season training on Monday. The 35-year-old former wideman told SunSport: 'Most clubs are prepared for the worst now. 'They sack their manager in the morning and by the afternoon they've got someone else in charge. 'But it will be hard for Leicester to get someone in with a potential points deduction hanging over the club. 'Any new manager will be conscious of that and won't want to commit until they know what they're dealing with. 7 'The fans will be expecting an early appointment, given the length of time the board must have known Ruud was going. 'But I wouldn't be too hasty with a new appointment. 'I'd be really thorough because they MUST get this appointment right. 'They obviously went through two major managerial changes last season, and they won't want to go through that again. 'They'll want a manager who is hopefully going to be there for quite a while. So I wouldn't be rushing too much into it if I was them." 7
BBC News
18 hours ago
- Sport
- BBC News
Gossip: Foxes keen on Keane
Amid rumours Sean Dyche might move to the King Power, Leicester are plotting a move to sign Everton defender Michael Keane on a free transfer when his contract expires later this month. (Football Insider, external)Want more EFL transfer rumours? Check out Friday's full gossip columnFollow the gossip column on BBC Sport
Telegraph
20 hours ago
- Sport
- Telegraph
Ruud van Nistelrooy was treated appallingly by Leicester – Premier League legend deserved better
It is understood he was stunned by some of the resistance he encountered from players over simple things like strength and conditioning. He offered hope for the future by introducing many of the club's academy youngsters. Jeremy Monga, the 15-year-old winger, has recently signed a new contract and a big reason for that is the pathway presented to him by Van Nistelrooy. Results, however, were simply not good enough, despite improvements late in the campaign when the pressure was off. Perhaps Van Nistelrooy will flourish somewhere else, at a more stable club. He was professional to the end at Leicester, devoid of ego and always personable. Leicester are now facing an uncertain future in the Championship, with owners King Power embroiled in financial issues in Thailand. With fears over a hefty points deduction next season, it does not promise to get any easier. Leicester need to examine themselves more than anything else right now.
New Straits Times
a day ago
- Business
- New Straits Times
Thai duty-free giant King Power gets airport payment relief
BANGKOK: Thailand's airport authority said Friday it had approved extended payment terms for duty-free giant King Power, after the company sought to quit its concessions citing a drop in tourist numbers. Airports of Thailand said King Power, which operates at five airports in the country, applied for a relief scheme for firms "facing liquidity problems" on 23 June. AOT told the Stock Exchange of Thailand (SET) its board had granted permission for the firm to split the minimum payments required for its contracts into installments, with the payment window extended by eight months. King Power must provide collateral of 1.45 billion baht (US$44.5 million) "to ensure its financial obligations in case of unexpected events", said a public statement to the SET. AOT shares fell 2.4 percent in Bangkok following the announcement. King Power, shirt sponsors for English football club Leicester City, has a monopoly on duty-free outlets at Bangkok's Suvarnabhumi and Don Mueang airports, as well as those in Phuket, Chiang Mai and Hat Yai. The King Power Group also operates retail outlets and hospitality services around Thailand. Founder Vichai Srivaddhanaprabha led a consortium that bought Leicester City in 2010, and it was under his ownership that the Foxes secured their Premier League title in 2016.
CNA
a day ago
- Business
- CNA
Thai duty-free giant King Power gets airport payment relief
BANGKOK: Thailand's airport authority said on Friday (Jun 27) it had approved extended payment terms for duty-free giant King Power, after the company sought to quit its concessions citing a drop in tourist numbers. Airports of Thailand said King Power, which operates at five airports in the country, applied for a relief scheme for firms "facing liquidity problems" on 23 Jun. AOT told the Stock Exchange of Thailand (SET) its board had granted permission for the firm to split the minimum payments required for its contracts into installments, with the payment window extended by eight months. King Power must provide collateral of 1.45 billion baht (US$44.5 million) "to ensure its financial obligations in case of unexpected events", said a public statement to the SET. AOT shares fell 2.4 per cent in Bangkok following the announcement. King Power, shirt sponsors for English football club Leicester City, has a monopoly on duty-free outlets at Bangkok's Suvarnabhumi and Don Mueang airports, as well as those in Phuket, Chiang Mai and Hat Yai. The King Power Group also operates retail outlets and hospitality services around Thailand. Founder Vichai Srivaddhanaprabha led a consortium that bought Leicester City in 2010, and it was under his ownership that the Foxes secured their Premier League title in 2016.
