Leicester City has been put up for sale by its Thai owners, King Power, for more than £200m. The move comes after 16 years of ownership, with an eight-page sales booklet, 'Project Lineup', produced by a leading US investment bank now being circulated to potential buyers.
The brochure, seen by BBC Sport, lists the club, its women's team, the 32,000-seat King Power Stadium, and the Seagrave training facility, opened in 2020 and valued at £121m, as part of the sale. Leicester's Belgian sister club, OH Leuven, is also included. The document values the club's physical assets at over £200m, though no specific sum has been attributed to the sale of its teams.
The sales pitch highlights Leicester's past successes, including their 2016 Premier League title win and 2021 FA Cup triumph. However, the club's current position in League One, following back-to-back relegations, is not mentioned. The brochure forecasts a turnover of more than £97m for the 2026 financial year, but omits details of financial losses exceeding £180m and debts, including £103.6m in bank loans from its 2025 accounts.
King Power, run by the Srivaddhanaprabha family, acquired Leicester for £35m in 2010. Current chairman Khun Aiyawatt 'Top' Srivaddhanaprabha had previously taken blame for the club's recent decline, which has seen growing calls from fans for a sale.