King Power puts Leicester City up for sale after 16 years- Reports
King Power is reportedly putting Leicester City up for sale after 16 years, seeking over £200 million. Discover details of the potential Leicester City sal Read More: https://punchng.com/king-power-puts-leicester-city-up-for-sale-after-16-years-reports/
Leicester City, a club owned by Thai investors King Power since 2010, has initiated a sale process after 16 years of ownership. A sales brochure, titled “Project Lineup”, has been circulated to potential buyers by US investment bank Citigroup. The brochure, which includes the club's women's team and assets like King Power Stadium and Seagrave training facility, values the club's physical assets at over £200 million.
The sale is viewed as a significant opportunity to acquire a club with a strong history of promotions, including the 2016 Premier League title victory. However, the document does not detail the club's current position in League One, nor does it include information on recent financial losses and debts. Leicester faced two Premier League relegations in three years between 2023 and 2025, leading to a £103.6 million in bank loans in 2025.
Despite these financial setbacks, the club is being marketed for its historic achievements, strong academy, and potential to produce top players. The Srivaddhanaprabha family, owners of King Power, currently manage Leicester City.
Written by urgent.news from Punch's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
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