Leicester owners King Power refute reports of impending trial in Thailand
Last Updated: 14/11/17 5:30pm
Leicester City's vice-chairman Aiyawatt Shrivaddhanaprabha has issued a statement denying claims that the court in Thailand has enough evidence to go to trial over King Power's alleged failure to pay £322m in taxes.
It had been reported a date for trial had been set for February. However, this date only refers to the beginning of a procedure for a preliminary hearing to review the evidence and establish whether the claim has merit.
Aiywatt Srivaddhanaprabha, who is also King Power's CEO, said: "The allegations in question have yet to be accepted by the court and are categorically denied.
"King Power has always followed and been absolutely committed to the highest standards in proper and ethical business practice.
"We are proud of our company's good name and honest reputation and will fight rigorously any attempts to discredit them."
The allegations of unpaid taxes stem from King Power-owned duty-free shops at airports in Thailand.
Srivaddhanaprabha's father Vichaj has always denied any wrongdoing. The 59-year-old bought Leicester in 2010.
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