Sport
Leicester City Football Club Put Up for Sale
The owners of Leicester City have reportedly opened the door to a full sale of the club and its associated assets, with an asking price nearing 10 billion baht.
According to a report by Matichon Online, the ownership of Leicester City Football Club has signaled a willingness to sell the organization. The potential sale includes the club itself along with all associated assets. Reports indicate that the asking price for the acquisition is set at approximately 10 billion baht.
For residents and travelers in Thailand, this news carries particular significance due to the club's deep-rooted ties to the country. Leicester City is owned by the Thai-based King Power Group, a major player in the nation's travel retail and duty-free sector. The club has long served as a prominent symbol of Thai investment in international sports, and any change in ownership could signal a shift in the group's global business strategy.
At this stage, several details remain to be confirmed. While the reported valuation is nearly 10 billion baht, it is unclear whether formal bids have been received or if a specific timeline for the sale process has been established. Furthermore, the club has not yet released an official statement confirming the specific terms or the identity of any potential buyers. Observers are waiting for further clarification from King Power regarding the future of their involvement with the team.