Leicester City appoint Chinese businessman to board of directors

Leicester City have confirmed the appointment of Liu Shillai to its board of directors. The 40-year-old Chinese entrepreneur and businessman Mr Liu will take up the position of vice-chairman alongside Aiyawatt Raksriaksorn, son of chairman Vichai Raksriaksorn. Mr Liu's appointment to the board of directors has been fully ratified by the Football League and he will take up his position from December 1. There will be no change to the ownership structure of the club, which remains wholly owned by King Power International. "Mr Liu's extensive experience and knowledge will be of great value to the club, along with a great sense of sportsmanship," said a club spokesman. "His appointment reflects the vision of Leicester City chairman Vichai Raksriaksorn to strengthen the club's highly-valued domestic fan-base with an international following, recognising China as the largest potential fan-base in Asia. Vichai Raksriaksorn said: "I am delighted that Mr Shillai has accepted our invitation to join the Leicester City board of directors." Mr Liu said: "I am extremely proud to be joining an ambitious, progressive club with the heritage and tradition of Leicester City and it is my intention to play a role in the club's further development and growth."