With money to spend thanks to the arrival of new Thai owners, City manager Sven-Goran Eriksson brought Yakubu to the club on-loan in January 2011 for the remainder of the campaign. With Everton desperate to free up some money, Leicester paid a large chunk of his wages to get him to the Walkers Stadium and drop a division to the Championship to try and help City get a place in the play-offs.
With a Premier League pedigree the Foxes faithful were expecting goals from the Nigerian international and he delivered in his debut, scoring in a 1-1 draw at Preston North End before following it up with another in a 4-2 win over Millwall the week after. In total he netted 11 goals in 20 appearances, including a hat-trick against his former club Middlesbrough. But despite netting at a good rate, City fans weren't exactly endeared to the 'Yak' thanks to his style of play, which often came across as lazy.
Leicester were linked to a permanent move for Yakubu in the summer of 2011 but instead he opted for Blackburn Rovers, signing for an undisclosed fee.
|1||15.01.2011||1 - 1||Preston North End (A)||Championship||1|
|2||22.01.2011||4 - 2||Millwall (H)||Championship||1|
|3||01.02.2011||1 - 0||Sheffield United (A)||Championship|
|4||05.02.2011||4 - 1||Barnsley (H)||Championship|
|5||12.02.2011||2 - 0||Derby County (A)||Championship||1|
|6||18.02.2011||2 - 1||Bristol City (H)||Championship||1|
|7||22.02.2011||0 - 2||Cardiff City (A)||Championship|
|8||26.02.2011||1 - 1||Coventry City (H)||Championship|
|9||05.03.2011||0 - 1||Queens Park Rangers (A)||Championship|
|10||08.03.2011||2 - 3||Norwich City (H)||Championship|
|11||12.03.2011||3 - 0||Scunthorpe United (A)||Championship|
|12||19.03.2011||0 - 1||Portsmouth (H)||Championship|
|13||02.04.2011||3 - 3||Middlesbrough (A)||Championship||3|
|14||09.04.2011||4 - 0||Burnley (H)||Championship|
|15||12.04.2011||1 - 1||Crystal Palace (H)||Championship|
|16||16.04.2011||1 - 3||Reading (A)||Championship|
|17||22.04.2011||2 - 3||Nottingham Forest (A)||Championship|
|18||25.04.2011||4 - 2||Watford (H)||Championship||2|
|19||30.04.2011||1 - 1||Doncaster Rovers (A)||Championship||1|
|20||07.05.2011||4 - 2||Ipswich Town (H)||Championship||1|