Full Breakdown
Leicester City Put Up for Sale by King Power Group
8/13/2026, 8:14:23 PM
Sale Proposal Overview
Leicester City Football Club, its women’s side, the 32,000-seat King Power Stadium, the Seagrave training complex, and the Belgian sister club OH Leuven are being offered for sale. The Thai-owned King Power Group, which has controlled the club for 16 years, has commissioned a sales booklet prepared by a leading U.S. investment bank. The brochure, titled “Project Lineup,” lists the club’s physical assets at a valuation exceeding £200 million. No specific price has been attached to the football teams themselves.
Club Assets and Valuation
Citigroup’s presentation values the King Power Stadium and the Seagrave training facility—opened in 2020—at more than £200 million combined, with the training site alone appraised at £121 million. The document also includes the women’s team and OH Leuven among the assets for potential buyers. Projected turnover for the 2026 financial year is forecast to exceed £97 million.
Recent Performance and Financial History
Leicester City’s on-field fortunes have declined sharply. After winning the Premier League in the 2015-16 season and the FA Cup five years later, the club suffered back-to-back relegations from the top flight between 2023 and 2025, now competing in League One. During the period of frequent promotion and relegation, the club accumulated losses exceeding £180 million and carries £103.6 million in bank loans, as disclosed in its 2025 accounts. These financial pressures are omitted from the sales brochure.
Potential Buyers and Process
The sales booklet, seen by BBC Sport, is intended to attract investors by highlighting Leicester’s history of securing promotions and its “excellent track record.” While the brochure emphasizes the club’s achievements, it does not address the recent relegations or the extent of its debt burden. The King Power Group’s decision to exit the football business follows a prolonged tenure and reflects the broader challenges of sustaining a Premier League-level operation amid mounting financial liabilities.
