Leicester City Council has approved plans for a statue that pays tribute to the late Leicester City Chairman Vichai Srivaddhanaprabha.
The plans for the statue were submitted in April and the statue will be on the corner of the King Power Stadium, outside the fan store.
The club hopes that it will become a focal point for fans arriving at the football ground.
Residents were given the chance to voice their opinions on the plans, and 32 were in favour, with the City Council only reporting one letter of objection.
“One letter of objection has been submitted stating that it is considered that the statue should be located to the south east of the stadium, where there is a memorial garden for the victims of the helicopter crash.
“The proposals reflect the club’s efforts to improve the public realm around the King Power Stadium and to create an attractive, engaging focal point which aims to both respect the legacy of Vichai Srivaddhanaprabha and enhance the overall experience for supporters visiting the King Power Stadium.”
The proposal for the statue shows that it will be 2.7m tall, and that it will stand on a 2m bluestone plinth.
Leicester City now have three years to start the development of the tribute statue.