King Power Stadium had supplied £28 million via a bond scheme towards the stadium's construction, with the club taking a long-term lease while the bond repayments were made. On 1 March 2013, Leicester City's Thai owners King Power bought the ground through their company K Power Holdings Co, Ltd. In 2015, vice-chairman Aiyawatt Srivaddhanaprabha stated plans were in place to increase the ground's capacity to around 42,000. Relocation to a bigger stadium has also been considered. In April 2018, it was announced that initial planning for the expansion and development of the King Power Stadium is underway. On 27 October 2018, club owner
Executive sponsor Executive sponsor Executive sponsor (sometimes called project sponsor or senior responsible owner) is a role in project management, usually the senior member of the project board and often the chair. The project sponsor will be a senior executive in a corporation (often at or just below board level) who is responsible to the business for the success of the project. The sponsor has a number of interfaces and responsibilities for the project. The responsibilities for which the sponsor is accountable to the board are: The governance activities that take place between the sponsor and the project manager are: In addition