Leicester City takeover ‘frustration’ as King Power support made clear

Leicester City fan representatives voiced frustration over the lack of clarity regarding a potential takeover during a Fan Advisory Board meeting. Club officials, including chief executive Kevin Davies, stated they could not comment on media speculation because ownership matters remain with shareholders. However, the club confirmed that current owners King Power continue to provide ongoing financial support.

The Srivaddhanaprabha family is reportedly seeking £225 million for the club, having worked with Citigroup on a potential sale. A club brochure details a £204 million property portfolio, including the King Power Stadium and Seagrave training ground. Offers were reportedly pushed back to Friday, October 16.