Turki Alalshikh 'sounded out' in potential takeover of former Premier League champions
The most influential man in boxing has been linked with a possible interest in a takeover of 2015/16 Premier League champions Leicester City.
Turki Alalshikh was pursuing a deal to buy out the owners of EFL Championship club Derby County over the summer but walked away in August, citing his consortium's inability to add to John Eustace's playing squad with the season already started.
As takeover talk ramps up at Derby's struggling rivals Leicester, the Saudi boxing titan's name has been mentioned among the potential parties that could seek to succeed current owners King Power.
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Boxing mogul 'sounded out' over Leicester takeover
According to talkSPORT's Ben Jacobs, Alalshikh is understood to have been 'sounded out' by Leicester chiefs, with the Foxes' current ownership having put the club up for sale.
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It is not clear whether Alalshikh is personally involved or holds interest in taking over the Foxes.
Scottish-Indian businessman Neil Lal, who is leading a consortium who wishes to take over at the King Power Stadium, says the current owners are demanding £200 million in order to sell and would assume 'significant debt' over to the new ownership.
With Leicester languishing in League One after back-to-back relegations and not exactly pulling up any trees in the third tier in the early part of the new season, the mere mention of Alalshikh's name will certainly raise eyebrows.
He stated in September 2025 that he would not be buying Bristol City, with the Championship club's CEO Tom Rawcliffe revealing in the following month that the two parties had held talks over a prospective investment.
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Why Alalshikh stepped away from Derby deal in August
The Saudi official was on the cusp of leading a new ownership group at Derby County but announced last month that the deal was on hold with the season underway.
Alalshikh acknowledged that the time taken by the EFL and IFR to scrutinise takeover prospects was not surprising or an unwelcome part of the process - both had allowed his takeover to take place - but explained that the consortium had decided not to proceed.
"With the season already started, it would leave us with no time to prepare the team or the club for the season ahead," Alalshikh said when the plug was pulled.
"After careful consideration, we don't feel it is right to proceed at this time without the necessary preparation in place, but we will remain in conversation with the club and see what is possible in the future."
Topics: Leicester City, Football, Boxing
Chris Nee