Panorama
King Power puts Leicester City and OH Leuven up for sale
The Thai owner King Power has put Leicester City and OH Leuven up for sale, according to a brochure sent to potential investors.
King Power, the current majority shareholder of Leicester City and OH Leuven, has announced that both clubs are for sale. This news was reported by The Athletic, which had access to a brochure from the investment bank Citigroup sent to interested investors.
Leicester City, the English football club that won the Premier League in 2016, is now for sale alongside the Leuven club, which King Power purchased in 2017, holding 92 percent of the shares. The decision to sell these clubs comes at a time when King Power is evaluating its business strategy.
OH Leuven, which is gaining emerging popularity in Belgian football, is now also considered part of the sales package. This raises speculation about a possible new owner for the club.
The exact details regarding the sale and the status of any interested buyers have not yet been made public. King Power appears to be offering both Leicester City and OH Leuven as a package to potential investors.