Leicester City’s owners remain ‘very committed’ to the League One club, according to chief football officer Jon Rudkin.

There has been speculation of a potential change of ownership at the King Power Stadium since the Foxes – Premier League champions a decade ago and FA Cup winners in 2021 – plummeted from the top flight to League One in successive seasons.

But Rudkin told BBC Radio Leicester’s When You’re Smiling podcast that chairman Aiyawatt ‘Top’ Srivaddhanapraba, who has been in charge for the past eight years, is focused on overseeing a revival of the club’s fortunes.

Speaking prior to the Foxes’ 3-1 home defeat against Peterborough, Rudkin said: “I can’t make any comment on speculation. All I would say is that Khun Top is very committed here at Leicester City.

“We’ve witnessed that through the summer. He’s very keen on the day to day running of the club, the actions we’re taking with regard to the improvements we’ve made, from the learnings we’ve established.

“The ambition is still there. He’s very focused, regularly in contact with us and wants to see the club progress and get promoted and see us back playing in the Premier League.”

Both Top and Rudkin, who has spent almost three decades at Leicester in various roles and was director of football during their historic Premier League title triumph, have been heavily criticised by fans during the club’s recent descent.