Family of Leicester City chairman killed in helicopter crash sue manufacturer for £2bn

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Family of Leicester City chairman killed in helicopter crash sue manufacturer for £2bn
Published: Jan, 10 2025 14:56

Leicester City's owners have launched a landmark lawsuit against a helicopter manufacturer following the club chairman's death in a crash in 2018. Vichai Srivaddhanaprabha's family are suing Italian company Leonardo SpA for £2.15bn after the 60-year-old chairman and four others were killed when their helicopter crashed just outside the King Power Stadium in October 2018.

The lawsuit is the largest fatal accident claim in English history, according to the family's lawyers. They are asking for compensation for the loss of earnings and other damages, as a result of the billionaire's death. The legal action comes more than six years after the fatal crash and as an inquest into the death of the 60-year-old chairman and his fellow passengers is set to begin on Monday.

Mr Srivaddhanaprabha's son Khun Aiyawatt Srivaddhanaprabha, who took over as the club's chairman, said: "My family feels the loss of my father as much today as we ever have done. "That my own children, and their cousins will never know their grandfather compounds our suffering… 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.".

The late Mr Srivaddhanaprabha's company, King Power, was earning more than £2.5bn in revenue per year, according to his family's lawyers. The lawsuit claims "that success was driven by Khun Vichai's vision, drive, relationships, entrepreneurism, ingenuity and reputation.".

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