King Power puts Leicester City up for sale after 16 years- Reports

Leicester City, owned by the Srivaddhanaprabha family, has been put up for sale by their Thai owners, King Power, after 16 years of ownership. The club is seeking more than £200 million for the sale, which includes the club, its women's team, and other assets such as the King Power Stadium and the Seagrave training facility. Citigroup, a US investment bank, is circulating a sales brochure to potential buyers, highlighting the club's historic achievements and strong talent pipeline.

However, the brochure does not include details of the club's recent financial losses or debts, and the club is currently facing relegation to the third tier following successive relegations from the Premier League and Championship.

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