Leicester City's Thai owners King Power are seeking to sell the club for more than £200m, according to reports, ending a 16-year ownership.
Key facts
- Leicester City has been put up for sale by owners King Power.
- The asking price is reported to be more than £200m.
- Sky Sports reported a figure of £224m.
- King Power has owned the club for 16 years.
- King Power is a Thai company.
Leicester City has been put up for sale by its Thai owners King Power, who are seeking more than £200m for the club, according to reports from the BBC and Sky Sports.
The move would bring an end to King Power’s 16-year ownership of the club.
Sky Sports reported that the asking price is £224m, with the outlet’s Rob Dorsett explaining the reasons behind the decision to place the club on the market.
Both the BBC and Sky Sports reported that King Power is hoping to complete a sale.
The reports available do not detail potential buyers or a timeline for any sale.
The sale process marks a significant moment for the club and its supporters as ownership looks set to change hands after 16 years.
Why it matters
A change of ownership at a football club can shape its finances, transfers and long-term direction. For Leicester City fans, the reported sale would end a 16-year chapter under King Power and raises questions about who will take over.
Frequently asked questions
How much are Leicester City's owners asking for the club?
King Power is seeking more than £200m, with Sky Sports reporting a figure of £224m.
How long has King Power owned Leicester City?
According to the BBC, King Power has owned the club for 16 years.
Who currently owns Leicester City?
Leicester City is owned by King Power, a Thai company, which is now looking to sell.