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

Leicester City is being offered for sale for a price exceeding £200m. The club's owners, King Power, are preparing to depart after 16 years of ownership.

A sales document titled 'Project Lineup', produced by Citigroup, lists the club's major assets for prospective buyers. These include the 32,000-seat King Power Stadium, the Seagrave training facility—which is valued at £121m—the women's team, and the Belgian side OH Leuven. While the physical assets are valued at over £200m, the brochure does not provide a specific valuation for the football teams themselves.

The pitch for the sale highlights the club's history of winning promotions and its status as one of only five clubs to win the Premier League, FA Cup, and League Cup since 2000. It also promotes the academy's ability to produce talent, following the recent £10m sale of Jeremy Monga to Manchester City. However, the document does not mention the club's recent relegation to League One or its financial history, which includes £103.6m in bank loans according to 2025 accounts. The club lost more than £180m during a period of movement between the Premier League and the Championship.

King Power originally acquired the club for £35m in 2010. Following the death of Khun Vichai in a 2019 helicopter accident, Khun Aiyawatt 'Top' Srivaddhanaprabha took over as chairman. The move to sell follows recent years of decline and pressure from supporters, some of whom protested outside the stadium after the club's relegation from the Championship last season.

Leicester City will begin its campaign in the third tier this Saturday against Notts County under head coach Russell Martin. Citigroup has projected the club's turnover to exceed £97m for the 2026 financial year.