King Power, the Thai ownership group behind Leicester City, is actively seeking to sell the club for more than £200m after 16 years at the helm.
A leading US investment bank, Citigroup, has produced an eight-page sales booklet titled “Project Lineup” to attract prospective buyers to the struggling Foxes.
The brochure lists Leicester City’s women’s team, the 32,000-seat King Power Stadium, and their Seagrave training facility among the club’s major physical assets up for sale.
The Seagrave training ground, opened in 2020, is valued at £121m and forms a significant part of the overall asset package being marketed to investors.
OH Leuven, Leicester’s Belgian sister club, is also included in the sales brochure as part of the wider package being offered to potential new owners.
The document describes the sale as “a rare opportunity to acquire a club with an excellent track record of winning promotions to higher divisions.”
Leicester’s historic achievements, including the remarkable 5,000-1 Premier League title win in 2016 and the FA Cup triumph five years later, are prominently featured throughout the brochure.
Notably absent from the sales materials are any references to the club’s current position in League One, following back-to-back relegations from the Premier League and Championship.
The brochure forecasts a club turnover of more than £97m for the 2026 financial year, though it omits mention of the £103.6m in bank loans detailed in the club’s 2025 accounts.
In the years Leicester yo-yoed between the Premier League and Championship, suffering two relegations from the top flight between 2023 and 2025, the club lost more than £180m.
King Power, run by the Srivaddhanaprabha family, originally bought Leicester for just £35m from Milan Mandaric back in 2010.
Current chairman Khun Aiyawatt “Top” Srivaddhanaprabha took over from his father Khun Vichai, who tragically died in a helicopter crash outside King Power Stadium in 2019.
The sale process comes only eight months after Khun Top publicly stated he was shouldering the blame for the club’s drastic recent demise.
Growing frustration among supporters had already produced vocal calls for new ownership, with notable protests outside King Power Stadium following relegation from the Championship last season.
Leicester’s difficulties on the pitch have coincided with financial pressures on the King Power duty-free business in Thailand, which has been closely linked to the club since the Srivaddhanaprabha family took over.
Despite these struggles, the sales brochure positions Leicester as one of only five clubs to have won the Premier League, the FA Cup, and the League Cup since 2000.
The document also highlights the club’s youth development potential, pointing to “a strong talent pipeline backed by leading scouting infrastructure, active transfer management and highly developed academy system consistently producing top players.”
Leicester sold academy graduate Jeremy Monga to Manchester City for £10m last month, providing a recent example of the academy’s commercial value.
Head coach Russell Martin will lead the club in League One for just the second time in their history, beginning with a fixture against Notts County on Saturday.
Leicester City declined to comment on the sale brochure when contacted by BBC Sport.
