Sousa pressure not increased by takeover

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Football News

Leicester chief executive Lee Hoos insists the takeover of the club does not increase the pressure on manager Paulo Sousa to deliver Premier League football.

The Foxes were bought on Thursday by a consortium led by Thai businessman Aiyawatt Raksriaksorn, who owns Thailand-based duty-free shopping business King Power Group.

"We are, of course, realistic and we wish to assure supporters that this deal will not pile the pressure on the football manager and create unreal expectations," said Hoos.

Financial details of the takeover have not been disclosed but current chairman Milan Mandaric will retain his position at the Walkers Stadium, as he is a stakeholder in the Asia Football Investments consortium.

Mandaric, who saved Leicester from administration when he bought the club in 2007, believes the takeover will help to realise his dream of taking the Foxes back to the Premier League for the first time since their relegation from the top flight six years ago.

And Hoos said: "It provides a real opportunity for Leicester to grow and transform its status over the next few months and years.

"We have a new young and clearly talented football manager in place and our strategy and targets remain the same.

"We want consistency but also sustainability in our current league, and of course future leagues, and that makes this deal unique as we are signed up to these ideas."

Copyright (c) PA Sport 2009, All Rights Reserved.

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