Leicester owner Vichai pledges £180 MILLION to squad strengthening

Leicester City's billionaire Thai owner Vichai Srivaddhanaprabha has big ambitions for the club following Premier League promotion.

Leicester City's billionaire Thai owner Vichai Srivaddhanaprabha has big ambitions for the club following Premier League promotion.

Srivaddhanaprabha has pledged to inject £180million to build a competitive team.

"We want to stay in the EPL as long as possible," Srivaddhanaprabha told The Nation.

"But we won’t take the huge leap to challenge the league’s top five clubs immediately. Do we have a chance to beat them? Yes, we have, but I think we need to establish our foothold in the league first and then we think about our next step.

"It will take a huge amount of money, possibly 10 billion Thai Baht (£180 million), to get there. But that doesn’t put us off. I am asking for three years and we’ll be there."

 
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