OWNERS SET TO INCREASE STADIUM CAPACITY. LCFCWorld April 6, 2018 LCFC News Leicester City Foxes Vice Chairman Aiyawatt Srivaddhanaprabha has announced that initial planning for the expansion and development of King Power Stadium is underway, this is no surprise to the fans who have debated an increase in capacity for quite a few years. “The plan is to increase capacity and upgrade facilities for the stadium itself, and invest in the surrounding site to create an exciting events destination for the city of Leicester. “We are only in the very early stages, but it’s exciting news I wanted to share with our supporters, in honour of my father’s birthday.” Looking back. LCFC owners, the Srivaddhanaprabha family, have completed the purchase of King Power Stadium. FROM THE OFFICIAL SITE The purchase of the stadium site by the Club’s owners, through their K Power Holdings Co Ltd, from its previous owners, an American pension fund manager, forms a key part of the family’s plans to safeguard the Club’s long-term future. Aiyawatt Srivaddhanaprabha, Vice Chairman of Leicester City Football Club, said:“It has always been part of our long-term vision to put the stadium back where it belongs, into the hands of the Football Club. Our plan is to bring long-term sustainable success to Leicester City Football Club. Purchasing the stadium was always a key element in this plan. The previous stadium owners have always been very cooperative. Whilst there are no immediate plans to alter the structure or design of the stadium site, the increased flexibility through direct ownership ensures that the Football Club can freely adjust to the changing needs of its supporter-base for the future.” In September 2012, the Srivaddhanaprabha family placed Leicester City under the direct ownership of King Power International (KPI) – the parent and holding company of the globally successful and respected King Power Group of companies. The purchase of King Power Stadium further highlights the family’s long-term vision to deliver sustainable success for the Football Club.