Leicester City will consider renaming their stadium after Vichai Srivaddhanaprabha, according to sources within the club. 

The 60-year-old was tragically killed in a helicopter crash on Sunday.  The Leicester chairman was one of five passengers who lost their lives following an accident after take off from the centre circle following the 1-1 draw with West Ham United.

Vichai’s son Aiyawatt, who is the club’s vice-chairman, is currently in Leicester paying his respects and will hold talks with chief executive Susan Whelan later this week about how best to memorialise his father. He is also expected to take over as chairman on an interim basis, according to the sources.

Aiyawatt, along with other senior members of the King Power Group, are in favour of renaming the King Power Stadium, the Khun Vichai Stadium. The club is also due to build a new $100 million training facility that will bear his name. The complex will boast a 500-seater stadium and 12 training pitches.

“What is important now is to give the Srivaddhanaprabha, King Power and Leicester City family time to grieve,” a King Power spokesperson said. “In due course we will release memorial details and are touched by the public outpouring of support and condolences.

“The King Power Stadium is already a celebration of Khun Vichai’s successful business and we would be open, with family, club and supporter consultation, to discussing a name change in Khun Vichai’s honour. We are aware of petitions seeking this type of change as well as for a statue at the club and will discuss all these wishes with the Srivaddhanaprabha family and the football club.”