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Explained: Why Leicester City has been put up for sale for £224m

Sports 1 source 1 country 🔦 Under-reported 24m ago

Thai ownership group King Power has placed Leicester City Football Club on the market with an asking price exceeding £200 million, specifically cited at £224 million. The decision marks a significant potential transition in leadership for the club under its current Thai proprietors.

The move to sell follows a period of ownership by King Power, which has overseen the club's operations. The valuation and the intent to divest represent a major development in the club's financial and administrative future.

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