Leicester City Football Club has stagnated under chairman and owner Aiyawatt 'Khun Top' Srivaddhanaprabha. The Thai businessman inherited the organisations and has now lost most of the support his father earned. The late 'Khun' Vichai Srivaddhanaprabha took the outfit to the heights we all witnessed up to his tragic death in October 2018.
Top was able to ride the success and enjoy the foundations built by 'The Boss', as Srivaddhanaprabha senior was known to the Blue Army fan base, until the FA Cup triumph in 2021. Since then, the LCFC walls have crumbled. If retained director of football Jon Rudkin ever had a positive influence, he does not anymore.
"Fewer than one in 10 Leicester City fans believe the club’s owners are doing a good job, with more than nine in 10 supporters demanding a 'refresh' at boardroom level."talkSPORT
Though the DoF was actually employed in the very same powerful position when the Foxes lifted the Premier League trophy in 2016. Not to mention the pretty successful spells in Europe. Vichai was alleged to have had total trust in Rudkin. Obviously these links were explained and passed over to Top; who could change anything at any point. It must be said that the latter doesn't show any signs that he'll eventually sell his footballing plaything.
Yet there is still no suggestion of executives Susan Whelen or Rudkin leaving. The latter is the Srivaddhanaprabhas' man in England, certainly with respect to sport. The Englishman is also a board member of The King Power International Group-owned OH Leuven in Belgium as well. In addition to that, the former LCFC academy coach is said to have helped set up King Power Racing Co..
Why King Power won't sell Leicester City or sack Jon Rudkin despite fan protests
It seems as though Rudkin has made himself invaluable to the Srivaddhanaprabha family, whether an illusion or otherwise. He will likely remain at King Power Stadium unless something drastic occurs or he is further negligent or reckless than he is right now!
"This latest debt-to-equity conversion takes the Srivaddhanaprabha family’s overall investment during its ownership of Leicester City to over £420m. The Club remains grateful for the family’s unwavering support and for the long-term security they continue to provide."lcfc.com, likely instructed by ownership
Considering their reported £420million invested in Leicester, including millions written off in club debt, and their city charity work - I don't think Top plans to go anywhere! In his mind, he and Rudkin are competent enough to see the Foxes return to the Premier League.