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Volume 7 No. 105
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Leicester City Owners 'Categorically Deny' Owing £323M To Thai Government

Premier League side Leicester City's owners said that they "categorically deny" a report that they owe £323M ($425.3M) to the Thai government, according to the BBC. On Monday, a court in Bangkok was reported to have accepted a lawsuit against King Power Int'l. However, the club and King Power said that the allegations "have yet to be accepted." They said that they would "fight rigorously" any attempts to "discredit them." The case is also being brought against execs of state-owned Airports of Thailand. A criminal court in Bangkok will hear from witnesses in February (BBC, 11/14). ESPN.com reported club Vice-Chair Aiyawatt Srivaddhanaprabha, whose father, Vichaj, bought Leicester City in '10, "denied that there was enough evidence against the company for a trial to begin." He said, "The allegations in question have yet to be accepted by the court and are categorically denied. King Power has always followed and been absolutely committed to the highest standards in proper and ethical business practice." Neither Vichai nor Aiyawatt Srivaddhanaprabha are personally named as defendants in the case (ESPN.com, 11/14).