Finance

Family of Thai tycoon brings $2.7 billion claim against Leonardo over Leicester City crash

Published by Global Banking & Finance Review

Posted on January 10, 2025

1 min read

· Last updated: January 27, 2026

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Family of Thai tycoon Vichai Srivaddhanaprabha files $2.7 billion claim - Global Banking & Finance Review
The image depicts the family of Vichai Srivaddhanaprabha, owner of Leicester City, as they file a historic $2.7 billion claim against helicopter manufacturer Leonardo SpA following a fatal crash.
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LONDON (Reuters) - The family of Thai businessman Vichai Srivaddhanaprabha, who died in a helicopter crash in 2018, has brought a legal action against Italian helicopter manufacturer Leonardo SpA in a

Thai Tycoon's Family Files $2.7B Claim Against Leonardo

LONDON (Reuters) - The family of Thai businessman Vichai Srivaddhanaprabha, who died in a helicopter crash in 2018, has brought a legal action against Italian helicopter manufacturer Leonardo SpA in a London court valued at 2.15 billion pounds ($2.65 billion).

The family said in a statement on Friday that the action, which claims for loss of earnings and other damages, represented the largest fatal accident claim in English history.

Leonardo did not immediately respond to an emailed request for comment.

Srivaddhanaprabha was the owner of Leicester City soccer club, buying the central England side in 2010. Leicester won the English Premier League in 2016 under his ownership.

Britain's aviation accident investigator found in a 2023 report that it was not possible for the pilot to recover from a tail rotor failure with the helicopter.

($1 = 0.8120 pounds)

(Reporting by Sam Tobin, writing by Sachin Ravikumar, editing by Catarina Demony)

Key Takeaways

  • Thai tycoon's family sues Leonardo SpA for $2.7 billion.
  • The claim is the largest fatal accident claim in English history.
  • Vichai Srivaddhanaprabha owned Leicester City soccer club.
  • The helicopter crash occurred in 2018.
  • Report cites tail rotor failure as cause of crash.

Frequently Asked Questions

What is the main topic?
The main topic is the $2.7 billion lawsuit filed by the family of Vichai Srivaddhanaprabha against Leonardo SpA over the Leicester City helicopter crash.
Who was Vichai Srivaddhanaprabha?
Vichai Srivaddhanaprabha was a Thai businessman and the owner of Leicester City soccer club, who died in a helicopter crash in 2018.
What caused the helicopter crash?
A report found that a tail rotor failure made it impossible for the pilot to recover, leading to the crash.

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