Leicester City put up for sale for more than £200m

Leicester City football club is being put up for sale for over £200 million by its Thai owners, King Power, who have owned the club for 16 years. The club, previously a Premier League title winner, has recently struggled, with two relegations from the top flight in just three years between 2023 and 2025, leading to losses of over £180 million.

The sale brochure, prepared by Citigroup, outlines the club's extensive physical assets, including the stadium and training facility, valued at more than £200 million. The club's academy and talent pipeline are also highlighted, showcasing its strong track record of winning major English trophies since 2000. However, the financial losses and debts, including £103.6 million in bank loans, are not mentioned in the brochure.

The sale comes just eight months after the club's chairman, Khun Top Srivaddhanaprabha, admitted responsibility for the club's recent decline. The process of selling Leicester City is currently being pursued to attract new investors.