--- source: thedugout.football generated: 2026-07-25T06:30:16.229Z last_updated: 2026-07-23T09:00:00+00:00 data_provider: API-Football canonical: https://thedugout.football/clubs/leicester-city/news/aHR0cHM6Ly93d3cubGVpY2VzdGVybWVyY3VyeS5jby51ay9zcG9ydC9mb290YmFsbC90cmFuc2Zlci1uZXdzL2xlaWNlc3Rlci1jaXR5LW1hcnRpbi1raW5nLXBvd2VyLTExMDcyOTI1 --- # Russell Martin answers Leicester City owner question amid Middle East interest - **Source:** - **Published:** 23 Jul - **Club:** Leicester City - **Original URL:** https://www.leicestermercury.co.uk/sport/football/transfer-news/leicester-city-martin-king-power-11072925 The Financial Times reported on Wednesday afternoon that the Thai owners have contacted investment bankers Citigroup to sound out buyers. City have not commented on the matter. Sky Sports followed the initial story by suggesting that an ‘unnamed Middle Eastern firm’ hold an interest in buying the football club. Following two relegations from the Premier League in the last three years and another drop to League One last season, Leicester's revenue has significantly dropped in recent years. FOLLOW ON FACEBOOK! All the latest Leicester City news on LeicestershireLive’s Leicester City Facebook page! Get LeicestershireLIVE Premium now for just £1 HERE. You can also join our WhatsApp Community by clicking HERE Accounts released this year showed the club lost £71.1million during the 2024-25 Premier League campaign and the club’s owners wiped £124m of shareholder loans to the club last year, which converted the debt to equity. On Wednesday evening, Martin's men resumed their pre-season campaign in Spain against Cadiz. Kirsten Otchere scored the only goal of the game in the second half to make it four wins in four. After the victory, Martin was asked about the speculation and theories among supporters about what the future may look like. However, the City boss reaffirmed his focus on the football department at the club. “I genuinely have nothing to say about it because it’s not come on my radar," he said. "It’s not my department. "My department is to coach the football team as best I possibly can, to lead that in the best way possible and that’s what I will continue on doing. "So yeah, until I’m told differently, all is good. We’re in a good place, we’re growing on and off the pitch and we have to keep going.” It's crunch time for Leicester City as they face a serious rebuilding process in League One. The transfer window is open and we will see players heading in and out of the King Power turnstiles. Every day, the LeicestershireLive football desk deliver all manner of news, features and transfer-related stories as a part of our overall package of City content. You can sign up here. Our dedicated reporter Josh Holland - who you can follow on X by clicking here - follows City home and away and offers you comprehensive coverage from matchdays, press conferences and everything that happens in between.WhatsApp: You can also get all your favourite content from LeicestershireLive's team on WhatsApp. Click here to sign up for breaking updates about the biggest stories in and around the club. App: If you prefer reading our City stories on your phone, consider downloading the LeicestershireLive app, in which you can personalise the content you see by selecting Leicester City as one of your designated topics. You can get it from Apple here and for Android here. Social: You can also get all the latest updates by following us on social media here Facebook and Twitter.