Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Friday 10 January 2025 2:14 pm  |  Updated:  Friday 10 January 2025 2:15 pm

Late Leicester City owner’s family sue helicopter maker for record £2.15bn

By: Frank Dalleres

Sports Editor

Add as a preferred source on Google
Leicester City owner Khun Vichai Srivaddhanaprabha died in 2018 when his helicopter crashed
Leicester City owner Khun Vichai Srivaddhanaprabha died in 2018 when his helicopter crashed

The family of former Leicester City owner Khun Vichai Srivaddhanaprabha is suing a helicopter manufacturer over his fatal 2018 crash for a record £2.15bn.

The legal claim is the largest relating to a fatal accident in English history and was launched today at the High Court in London by the Thai family.

They blame helicopter maker Leonardo SpA for the death of Khun Vichai, one of five people who died when his aircraft crashed after take-off from Leicester City’s stadium.

It follows the publication of a report by the Air Accident Investigation Branch in September 2023 which raised concerns about the safety of the helicopter and comes ahead of a three-week inquest scheduled to begin on Monday.

“My family feels the loss of my father as much today as we ever have done,” said Khun Aiyawatt Srivaddhanaprabha, who succeeded him as chairman of the 2016 Premier League winners. 

“That my own children, and their cousins will never know their grandfather compounds our suffering. 

“We have reflected on the conclusions of the AAIB report and thought carefully about how we wished to proceed. 

“My father trusted Leonardo when he bought that helicopter but the conclusions of the report into his death show that his trust was fatally misplaced. 

“I hold them wholly responsible for his death.”

Read more

My ride in a helicopter over London as Leonardo expands its UK presence

Helicopter flying over urban landscape during daylight, showcasing cityscape and modern infrastructure for news report.

The record sum being sought by the Srivaddhanaprabha family is for loss of earnings and other damages as a result of Khun Vichai’s death, aged 60.

Family business King Power had annual revenue of over £2.5bn when he died, driven by his “vision, drive, relationships, entrepreneurism, ingenuity and reputation”, they said. “All of this was lost with his death.”

“The foundation of the claim brought against Leonardo is the independent AAIB report released in September 2023,” said the family’s lawyer Peter Neenan, a partner at Stewarts. 

“Considering the purview of the AAIB’s mission is to report on safety and not to blame, the report was as damning a report as I have ever read. 

“The claim takes that safety-driven analysis to its eventual implication in allegations of defects and negligence throughout the design process. 

“Leonardo’s customers include national militaries, air ambulances and other first responders across the globe. 

The Srivaddhanaprabha family are suing helicopter maker Leonardo SpA for £2.15bn
The Srivaddhanaprabha family are suing helicopter maker Leonardo SpA for £2.15bn

“It is critical that all operators of these helicopters have faith and confidence in the machines.”

Khun Vichai founded King Power and turned it into a successful duty-free shopping businesses before using his fortune to invest in football and polo.

He bought Leicester City in 2010 for £39m and helped steer them back into the Premier League, which they won in 2016 in one of the biggest sporting upsets of all time.

Read more

As it happened: FTSE 100 see-saws amid global jitters as market outlook turns ‘risky and dangerous’

Donald Trump addressing media at a press event, wearing a suit and tie, with reporters and cameras in the background.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Sport Business
  • Sport

People & Organisations

  • Khun Vichai Srivaddhanaprabha
  • King Power
  • King Power Stadium
  • Leonardo SpA
  • Premier League

Related Topics

  • Aviation
  • Leicester City
  • Premier League football
  • Sport business

Trending Articles

  • Billionaire Easyjet founder in line for £800m payday from takeover

  • Burnham told to launch £100bn tax reform package

  • Construction sector cuts jobs again as house building slumps

  • Pension pressure to help swell UK debt to three times size of economy

  • Harry Styles at Wembley Stadium review: running through the grief

More from City PM

  • My ride in a helicopter over London as Leonardo expands its UK presence

    Business
    Helicopter flying over urban landscape during daylight, showcasing cityscape and modern infrastructure for news report.
  • As it happened: FTSE 100 see-saws amid global jitters as market outlook turns ‘risky and dangerous’

    Markets
    Donald Trump addressing media at a press event, wearing a suit and tie, with reporters and cameras in the background.
  • Enzo Maresca pays Chelsea compensation to become Manchester City manager

    Sport Business
  • Qualco Supports London’s Air Ambulance Charity as £1.5m Raised at Black & White Gala

    Business Wire
  • Place your bets: Will Starmer stay in No 10 longer than England stay in the World Cup?

    Football
    Keir Starmer World Cup
  • Airspan Networks Joins Oramach and iVent’s ARES Consortium for European Mission-Critical Communications

    Business Wire
  • Babcock predicts global government defence spending spree after hit to profit

    Investing
    Babcock is a member of the FTSE 100.
  • The Premier Jumping League (PJL) & McCarthy Jumping Team Announce Landmark Purchase

    Business Wire

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy