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Finance

Posted By Reuters

Posted on January 10, 2025

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

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)

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