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Showing posts with the label OH Leuven

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 th...