Leicester sales brochure sent out

A brochure detailing the sale of Leicester City and all its assets has been sent to potential investors.

Global investment bank Citigroup has drafted the brochure, seen by The New York Times, titled Project Lineup, which details Leicester’s assets, including its women’s team, academy, King Power Stadium and the £100million Seagrave training base they moved to six years ago.  Belgian sister club OH Leuven is also featured in the list of assets available.

A source close to the process has told The Athletic that the Srivaddhanaprabha family, Leicester’s owners, are looking for $300m (£222m) for the entire portfolio, but a deal is more likely to be done at closer to $200m (£148m) due to the club’s recent drop into League One — English football’s third tier — and heavy recent losses.

Over the last four accounting reports since 2021, Leicester have recorded losses of £92.5m, £89.7m, £19.4m and most recently £71.1m as the club has slipped from the top eight of the Premier League to suffer three relegations in the last four years.

Despite the club’s recent troubles, it is expected to attract interested parties because of extensive assets, which also include the Belvoir Drive training ground now used by the women’s team and the land the club acquired for £11.6m outside the King Power Stadium that was earmarked for development as part of a stadium expansion plan.

The property portfolio is valued at £204m, as of 2025, broken down into the stadium’s £74m valuation, Seagrave at £121m and Belvoir Drive at £9m.

In the brochure, OH Leuven are described as “an established and synergistic collaboration with Leicester City. Multi-club ownership structure offers distinct advantages across talent development, recruitment and analytics.”