Leicester City's £140m valuation could prevent a takeover bid, according to former Sunderland director Charlie Methven. The club is gearing up for life in League One, with Russell Martin tasked with winning promotion at the first attempt. Leicester are currently 23rd in the Championship, with 46 points from 46 games, and are 49 points behind leaders Coventry. They have scored 58 goals and conceded 68 this season, with a goal difference of -10. The club's valuation has been set at £140m, which could be a major stumbling block for any potential buyer. Methven stated that this is not a fact, but it is the rumour in the market. He also mentioned that the club's recent history and debt could affect the valuation. Leicester City will need a long-term plan in place to improve as a club.