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Leicester City owners decide to sell

Leicester City owners decide to sell

The owners of Leicester City Football Club, the Thai Srivaddhanaprabha family, have decided to put the club up for sale after ten years since winning the Premier League title. This comes amid the team's declining performance, having been relegated from the Premier League in 2025 to the Championship, and then to the third tier in the 2026 season, with a six-point deduction due to rules violations related to profit and sustainability. The club's current assets are valued at over 200 million British pounds, while it was acquired by King Power in 2010 for 35 million pounds. Currently, Aiyaw Srivaddhanaprabha is the club's chairman, following the tragic death of his father, Vichai, in a tragic accident. The team is now preparing to face Notts County in their efforts to climb back to higher divisions.

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