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The Leicester City owner's helicopter has crashed in a car park outside the club's ground as it left the stadium following a Premier League match.
Vichai Srivaddhanaprabha was in the helicopter when it came down at about 20:30 BST on Saturday, a source close to the family has told the BBC.One witness said he saw Leicester player Kasper Schmeichel run out of the stadium towards the scene of the crash.
It is not known how many other people were on board the helicopter.
Leicester had drawn 1-1 against West Ham United at the King Power Stadium.
The game kicked off at 17:30 and finished about one hour before the helicopter took off.
Under Mr Srivaddhanaprabha's ownership, Leicester City won the Premier League in 2016, having started the season as 5,000/1 outsiders.
"I was stood outside the ground but it crashed on the other side."
Another witness said it appeared "the tail propeller wasn't working, putting it into a spin".
In the early hours of Sunday, Leicestershire Fire and Rescue Service's Assistant Chief Fire Officer Andrew Brodie tweeted that he had just left "multiagency strategic meetings" at Leicestershire Police's HQ.
He described the crash as "clearly serious and tragic", adding: "Please don't speculate on cause or who may be involved. Think of families, friends, responders, and @LCFC and their fans."
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