Despite the initial take over of the club being completed in August, the deal was not ratified by the Football League until recently and this, Hoos says, is why the deal has not been fully publicised until now.
Asia Football Investments - headed by Aiyawatt 'Top' Raksriaksorn have possession of 80% of the clubs shares whilst Indonesian businessman, Iman Arif - head of Cronus Sports Management now hold 20% of the clubs shares.
As of yet, it is understood that Imran Arif does not have a place on the club's board, but is simply an investor in the club.
Despite such major changes to the club's backroom staff, Hoos believes the club will continue to press forward for success.
Hoos said: 'With King Power (the Thai sports manufacturer headed by Aiyawatt's father - Vichai) we are in good hands.
'We have a very good management group who are really making sure we have got what we need.
'As a director you have a fiduciary duty but I am satisfied, as someone who could potentially have personal liability, that these guys are the real deal.'
Hoos also believes that the long term future of the club is very secure: 'They said they are not here for one year, two or three, they are here for a long run. This is about long-term sustainability for the club.'