Leicester City owners are exploring a sale of the club after struggling in…

Well-supported — high-quality sources agree

What we can confirm

Multiple reputable business and sports outlets report that King Power, Leicester City’s Thai owners, have hired Citigroup and begun sounding out potential buyers for a possible sale of the club, explicitly linking the move to the club’s recent financial and competitive struggles and slide down the English league system.[1][3][4][8][7][10] While the owners have previously said the club was “not for sale,” these new reports describe an active, exploratory sale process driven by those struggles.[11][12][15] No credible sources currently dispute that an exploratory sale process is underway; they instead note that it is at an early stage and not yet a completed transaction.[3][7]

Sources

Checked July 22, 2026 · we'll re-check as this develops