Source: PA
Foxes chief paints bright off-field picture
Leicester chief executive Lee Hoos is confident the club`s long-term future is secure under its new owners.
The Foxes` shares are now partly held by Cronus Sport Management headed by Indonesian businessman Imran Arif who has 20%, with Asia Football Investments consortium led by Thai businessman Aiyawatt Raksriaksorn of the King Power Group holding the remaining 80%.
Hoos told the Leicester Mercury: "With King Power we are in good hands. We have a very good management group who are really taking the bull by the horns and making sure we have got what we need.
"They said they are not here for one year, two or three, they are here for the long run. This is about long-term sustainability for the club. As a director you have a fiduciary duty but I am satisfied, as someone who could potentially have personal liability, that these guys are the real deal.
"They are putting their money where their mouth is and the club is in good, stable hands going forward."
