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Leicester City's relegation crisis could now lead to one of the most significant off-field decisions in the club's modern history, with fresh reports claiming discussions are taking place over major asset sales.
The Foxes are facing an increasingly difficult financial situation after tumbling down to League One, and attention is now turning towards how the club could stabilise itself for the future.
Leicester City could sell King Power Stadium and training ground amid financial pressure
Leicester City are reportedly involved in early investment discussions that could eventually see the King Power Stadium and the club's £100 million training ground sold as part of a wider financial package.
According to journalist Alan Nixon, a local consortium with strong property links has submitted an investment proposal that includes purchasing the club's major infrastructure assets, while there is also the possibility of acquiring a larger ownership stake further down the line.
Any talks are understood to still be at an early stage, but they arrive at a difficult moment for Leicester after suffering a second relegation in three seasons and now preparing for life in League One.
The club's financial challenges are substantial. Leicester have reportedly accumulated more than £270 million in losses across the last four years, while previous borrowing arrangements have also been used to support cash flow.
Chairman Aiyawatt ‘Top' Srivaddhanaprabha previously insisted he remained committed to helping the club recover despite the setback.
Speaking earlier this year, he said: “Selling the club is not the way to exit. I need to make sure the club is in a good place.”
The King Power Stadium and Seagrave training complex remain two of Leicester's most valuable assets, making them obvious areas of interest if fresh investment is sought.
FGG says: Desperate situations can force clubs into major decisions
Leicester supporters would never have imagined this scenario during the club's Premier League title-winning era.
Selling stadiums and training grounds has become increasingly common in modern football as clubs search for financial flexibility, but seeing Leicester potentially explore this route underlines how quickly fortunes can change.
There is still a long way to go, and these talks remain at an early stage, but it does feel like a significant moment.
While asset restructuring can sometimes create breathing space financially, fans will understandably hope any decision protects the long-term future of the club rather than becoming a short-term fix.