You'll have to forgive this writer for being slightly positive about Leicester City Football Club right about now, but so many different factors indicate that the Foxes are now aiming for, and travelling in, the right direction. It is pretty obvious that they were previously in an abhorrent form of distress; news this week that The King Power International Group has put the club up for sale, actively seeking buyers via investment bankers at Citigroup, should have really made for greater concern - especially given the old adage of "better the devil you know" regarding Aiyawatt Srivaddhanaprabha and his cohorts.
Nevertheless, that development stands paradoxically as the latest sign that many within the Blue Army are taking as positive: if the chairman (known to supporters as Top) is seeking an exit, then this is should viewed as good news. An encouraging update, if you will.
Yours truly arrives at that notion after closely following how Russell Martin has developed the squad over the summer; he boasts an impeccable record of four successive friendly victories. Not to mention the fact that, by and large, all the right players have departed the LE2 so far.
Only one or two stragglers remain from the old regime of insufferable player power at King Power Stadium. Yes, more signings are required and balance is still needed in certain areas, but the entire organisation seems suddenly, almost strangely, heading firmly along the correct path.
Leicester City transfer talk and benchmarks
Talking of signings, only today Foxes of Leicester published an article briefly assessing the profiles of three potential recruits: Jadon Wareham, Mason Burstow and Nestory Irankunda. The latter appears less likely to join due to his elevated standing: with Watford seemingly set to command a substantial fee from better-placed European sides reportedly tracking him.
Although, both Wareham and Burstow present plausible and realistic targets for the club. Furthermore, regarding the offloading of personnel mentioned earlier, Leicester have not merely been parting company with the right players, but have secured outstanding fees in doing so.
Indeed, the Leicestershire outfit have already technically broken the League One transfer record on three separate occasions before a single competitive fixture of the 2026/27 campaign has even been played. Prior to this remarkable sequence, Mark McGuinness held the divisional benchmark following his transfer from Luton Town to Sheffield United for a fee of €11.5 million.
🎶 you’ll never sing that 🎶 pic.twitter.com/WilwWFAvB2
— Elm🦊 (@Elm_665) July 22, 2026
Bilal El Khannouss first shattered that valuation by some €4.5 million when his move to Stuttgart was confirmed, instantly establishing a new high watermark for the third tier. Subsequently, Jeremy Monga improved upon that figure by a further €200,000, edging the previous best once again in a summer of unprecedented financial activity.
Finally, Abdul Fatawu ensured the benchmark was raised once more. Setting a new standard in England's third division with a transfer fee understood to be in the region of €23.5 million.
