Emergency services were quickly on the scene after witnesses saw the craft go into a spin after taking off, according to Sky Sports.
A helicopter owned by Leicester City owner Vichai Srivaddhanaprabha has burst into flames after it crashed outside the King Power stadium this evening.
The incident occurred after the Premier League match between Leicester and West Ham, which finished 1-1, and eyewitnesses have said that police, emergency services and security were seen rushing to the scene.
As is the norm, Leicester's owner, Vichai Srivaddhanaprabha private chopper left from the centre circle of the pitch, though it is yet to be confirmed whether he was on board.
The incident occurred in the King Power Stadium's auto park, where police cars and emergency services rushed towards an area where flames were clearly visible before the area was evacuated.
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Srivaddhanaprabha, who owns the Thai duty free company King Power, travels to every home game in his private helicopter and frequently takes off from the pitch after games.
Leicester's game against West Ham was televised on BT Sport and cameras filmed the chopper leaving the ground just moments before the crash.
"I hope they're OK".
Srivaddhanaprabha bought Leicester in 2010 and became chairman the following February.
This story will be updated as details emerge.