The English champions have failed to replicate last year’s success and Ranieri was dismissed by the club, with the owners worried that had he remained in charge of the Midlands’ side, then they would slide towards relegation.
Now Adrian Butchart, Simon Egan and Gareth Ellis-Unwin, the producers of ‘Fearless’, have released a statement saying that the club’s current struggles does not alter their plans for the film.
“Leicester City’s success of 2016 and the remarkable rise to stardom of Jamie Vardy is an inspirational and universal story that simply must get told.
“We maintain that the film will not only celebrate the successes but provide a worth record of those events and help fix its place in history.
"The exceptional cannot be tarnished by failing to repeat it.”
The trio are hoping to make the film later this year. Ranieri has previously stated that he would like Robert Di Niro to play him.
Claudio Ranieri poses with the Premier League Trophy while Kasper Schmeichel puts the crown on the head of the manager as players and staffs celebrate the season champions after the Barclays Premier League match between Leicester City and Everton at The King Power Stadium on May 7, 2016 in Leicester, United Kingdom.
Olivier Giroud, Jack Wilshire & Calum Chambers of Arsenal sit on the bench during the Barclays Premier League match between Leicester City and Arsenal at the King Power Stadium on August 20th , 2016 in Leicester, United Kingdom.
Riyad Mahrez of Leicester City holds daughter Inaya as wife Rita looks on, as Leicester City celebrate becoming Premier League Champions for the 2015/16 Season at the end of the Barclays Premier League match between Leicester City and Everton at The King Power Stadium on May 7, 2016 in Leicester, United Kingdom.
Cesc Fabregas of Chelsea celebrates scoring his sides fourth goal during the EFL Cup Third Round match between Leicester City and Chelsea at The King Power Stadium on September 20, 2016 in Leicester, England.