Leicester City’s owners, the Srivaddhanaprabha family, are exploring a full sale of the club and its assets, with Citigroup drafting a brochure titled Project Lineup to reach potential investors.

The financial brochure, prepared for potential buyers, references OH Leuven as part of the package and outlines a deal structure that could include the multi-club model.

King Power is reportedly seeking a price in excess of £200 million for the club, with potential buyers being guided by the financial brochure.

Leicester’s finances show four straight accounting losses totaling £92.5m, £89.7m, £19.4m and £71.1m since 2021, contributing to a weaker valuation and sale considerations.

The club’s recent trajectory has included relegations and promotions, with Russell Martin appointed on a three-year contract to stabilize results.

The asset base includes the King Power Stadium, surrounding land, Seagrave, and Belvoir Drive, valued collectively around £204m and central to the sale discussion.

As of 2025, the asset breakdown stands at £74m for the stadium, £121m for Seagrave, £9m for Belvoir Drive, with an additional £11.6m land near the stadium part of the portfolio.

Fan unrest and on‑pitch decline have driven protests urging a sale, though Khun Top Srivaddhanaprabha has reaffirmed long‑term commitment and vision for the club.

Any sale would aim to preserve Leicester’s legacy and assets while leveraging the multi-club collaboration and development pipeline to attract buyers amid losses and relegation impacts.

Key player movements are noted, with exits such as Abdul Fatawu, Harry Winks, Victor Kristiansen, and Jeremy Monga’s move, alongside new signings under Martin to strengthen the squad.

Reported target valuations vary, with sources citing around £148m as a realistic sale price and others noting up to about £222m, reflecting uncertainty due to relegation and ongoing losses.

Media outlets including The Athletic and Financial Times have discussed the sale and potential buyers, underscoring Leicester’s storied past and current ambitions.