Newly-promoted Leicester City's owner wants a top-five finish in the Premier League within three years - and will spend the money needed to get there.

The Championship title winners have returned to the top flight after a decade-long absence.

Billionaire Thai chairman Vichai Srivaddhanaprabha outlined the club's next steps to reporters in Bangkok.

He said: "It will take a huge amount of money, possibly 10bn Thai Baht (£180m), to get there. That doesn't put us off."
Srivaddhanaprabha added: "I am asking for three years, and we'll be there.

"We won't take the huge leap to challenge the league's top five clubs immediately.

"Do we have a chance to beat them? Yes, we have, but I think we need to establish our foothold in the league first and then we think about our next step.

"The important thing is we're going with a belief that we can achieve," he said after showing off the Championship trophy to fans in the Thai capital.

"It's important we continue to improve everything about ourselves. So, we can challenge for the top five. But, of course, one step at the time."

Leicester have qualified for Europe three times, most recently as the 2000 League Cup winners. They went out of the 2000-01 Uefa Cup in the first round, losing 4-2 on aggregate to Red Star Belgrade of Serbia.

Newly-promoted Leicester City's owner wants a top-five finish in the Premier League within three years - and will spend the money needed to get there.

The Championship title winners have returned to the top flight after a decade-long absence.
Billionaire Thai chairman Vichai Srivaddhanaprabha outlined the club's next steps to reporters in Bangkok.
He said: "It will take a huge amount of money, possibly 10bn Thai Baht (£180m), to get there. That doesn't put us off."
Srivaddhanaprabha added: "I am asking for three years, and we'll be there.
"We won't take the huge leap to challenge the league's top five clubs immediately.
"Do we have a chance to beat them? Yes, we have, but I think we need to establish our foothold in the league first and then we think about our next step.
"The important thing is we're going with a belief that we can achieve," he said after showing off the Championship trophy to fans in the Thai capital.
"It's important we continue to improve everything about ourselves. So, we can challenge for the top five. But, of course, one step at the time."
Leicester have qualified for Europe three times, most recently as the 2000 League Cup winners. They went out of the 2000-01 Uefa Cup in the first round, losing 4-2 on aggregate to Red Star Belgrade of Serbia.

Newly-promoted Leicester City's owner wants a top-five finish in the Premier League within three years - and will spend the money needed to get there.

The Championship title winners have returned to the top flight after a decade-long absence.
Billionaire Thai chairman Vichai Srivaddhanaprabha outlined the club's next steps to reporters in Bangkok.
He said: "It will take a huge amount of money, possibly 10bn Thai Baht (£180m), to get there. That doesn't put us off."
Srivaddhanaprabha added: "I am asking for three years, and we'll be there.
"We won't take the huge leap to challenge the league's top five clubs immediately.
"Do we have a chance to beat them? Yes, we have, but I think we need to establish our foothold in the league first and then we think about our next step.
"The important thing is we're going with a belief that we can achieve," he said after showing off the Championship trophy to fans in the Thai capital.
"It's important we continue to improve everything about ourselves. So, we can challenge for the top five. But, of course, one step at the time."

Leicester have qualified for Europe three times, most recently as the 2000 League Cup winners. They went out of the 2000-01 Uefa Cup in the first round, losing 4-2 on aggregate to Red Star Belgrade of Serbia.

@Quikzyyy Pretty sure the guys who commented on this post a year ago weren't expecting Leicester Fox to be first at this point of the year. The fox sure are impressive though, and they have to spend all of that money if I'm not wrong and they are already competing to get a top five finish, heck they could even get first place if they kept this up. :D

@Quikzyyy Pretty sure the guys who commented on this post a year ago weren't expecting Leicester Fox to be first at this point of the year. The fox sure are impressive though, and they have yet to spend all of that money if I'm not wrong and they are already competing to get a top five finish, heck they could even get first place if they kept this up. :D

@KTB I understand what you mean, Spurs have been so good recently and who could had guess the Swan would beat Arsenal... but they did, and now Leicester somehow manage to take an even bigger advance thanks to the draw (they got one point of it after all). :D

A draw would be fine by me but even an Arsenal wouldn't scare me too much as a Leicester Fan, what scare me the most would be if Tottenham were to win that match, it could be serious trouble for the Fox with the Spurs current form.