Leicester owners forgo millions to ensure quality remains

Leicester City's chairman Aiyawatt Srivaddhanaprabha (C)(Photo by MATTHEW CHILDS/POOL/AFP via Getty Images)
Leicester City's chairman Aiyawatt Srivaddhanaprabha (C)(Photo by MATTHEW CHILDS/POOL/AFP via Getty Images) /
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Leicester City
Leicester City’s chairman Aiyawatt Srivaddhanaprabha (Photo by ADRIAN DENNIS/AFP via Getty Images) /

Owners can obviously extract funds, yet Leicester seem to be run more as a community foundation or family organisation. Of course, the Srivaddhanaprabha family or The King Power International Group have the right to benefit and probably do, which us Foxes wouldn’t condemn. All the while a perfect balance and harmony seems to be struck.

For an example of the astuteness and prudence of Khun Top Srivaddhanaprabha – the late Vichai’s son and main heir – I point to the fact that this summer was the first time in the previous five years that a standout star player was not sold for a hefty price-tag.

In the last few off-seasons, Leicester fans were disappointed to see N’golo Kante, Danny Drinkwater, Riyad Mahrez, Harry Maguire and subsequently Ben Chilwell depart. Yes, Drinkwater moving for approximately £30m was a fine piece of business and an affordable disaster for Chelsea.

And the Pensioners also made an error in signing the mediocre, apprehensive Chilwell during a costly global pandemic when they already had two better left-backs. Kante leaving was a mistake: he had an ill-advised release clause but possibly insisted on that stipulation when signing in 2015. So even in that instance, the Foxes did exceptionally well to actually secure the gifted Frenchmen to begin with.