The Thai family that owns Leicester City Football Club, the club behind one of the greatest underdog stories in sports history, is reportedly exploring a potential sale. The Srivaddhanaprabha family, which acquired the club in 2010 through Asia Football Investments, is said to be in early-stage discussions about offloading the English football club.
A balance sheet under pressure
Leicester’s finances tell a story that has become uncomfortably common in English football. The club reportedly posted a pre-tax loss of £71.1 million in a recent fiscal year.
In 2025, the club sold multiple players for over £40 million in an effort to shore up its balance sheet.
The Srivaddhanaprabha family has maintained approximately 55% ownership of the club following the tragic death of founder Vichai Srivaddhanaprabha in a helicopter crash at the club’s stadium in 2018. His son, Aiyawatt “Top” Srivaddhanaprabha, has since taken the lead in managing operations.
