Date: 12th June 2017 at 8:13pm
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The King Power Group have now completed their purchase of Belgian Proximus League club Oud-Heverlee Leuven.

Talks about the purchase of the club have been ongoing for a while, but it was reported yesterday that the 92% acquisition had been finalised and there will clearly be close ties between both clubs as Leicester vice chairman Aiyawatt Srivaddhanaprabha has been appointed to their board, and it’s expected that chief executive Susan Whelan and director of football Jon Rudkin will also soon be appointed to the board.

OHL narrowly avoided relegation last season having been relegated from the Belgium top flight at the end of 2015/16 so it’s very much a rebuild project but you would expect it to provide a good opportunity for experience for our youngsters.

Sky Sports quote Srivaddhanaprabha as saying about the purchase.

‘This is an exciting development for the King Power Group and an opportunity for us to work with an aspirational club to realise its significant potential. Through sustainable investment in both personnel and facilities, engagement with supporters and mobilising the club within its community, it is our long-term objective to re-establish OH Leuven as a competitive force in Belgium’s top flight.’

He added.

‘We are very much looking forward to working with OHL’s existing management and staff, whose knowledge and expertise of the club and their community will be vital to the implementation of a successful long-term development plan.’

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