The pilot of the helicopter involved in a crash which killed Leicester owner Vichai Srivaddhanaprabha almost five years ago said “I’ve no idea what’s going on” as the aircraft was turning out of control.

Eric Swaffer, 53, made the comment seconds before the helicopter hit the ground outside the club’s King Power Stadium on October 27, 2018, a report by the Air Accidents Investigation Branch (AAIB) revealed.

Srivaddhanaprabha, employees Nursara Suknamai and Kaveporn Punpare, Mr Swaffer and his partner, Izabela Roza Lechowicz – also a professional pilot – were all killed in the accident, which happened shortly after the helicopter took off from the pitch.

The Leonardo AW169 helicopter reached an altitude of approximately 430ft before plummeting to the ground.

The pilot’s pedals became disconnected from the tail rotor, investigators found.

This resulted in the aircraft making a sharp right turn which was “impossible” to control.

The AAIB described this as “a catastrophic failure”, causing the helicopter to spin quickly, approximately five times.

As the helicopter was turning out of control, a shout of: “Hey, hey, hey!” came from the rear cabin, where Mr Vichai and his employees were seated, the AAIB said.

Mr Swaffer, who was a highly experienced pilot, responded by saying: “I’ve no idea what’s going on” and “uttered an exclamation”, according to the report.

He “performed the most appropriate actions” which included raising a lever to reduce the helicopter’s pitch angle and “cushion the impact”, the AAIB said.

The aircraft landed on a concrete step, coming to a rest on its left side.

Four of the five occupants survived the initial impact, but no-one survived due to the helicopter catching fire within a minute following a major fuel leak.

The crash occurred around an hour after a Premier League match between Leicester and West Ham.

In a statement issued on Wednesday morning, Foxes chief executive Susan Whelan said: “We commend the extensive and detailed body of work undertaken by the Air Accidents Investigation Branch and welcome the publication of its report, in the hope it will contribute positively to the continued development of future aviation standards and safety.

“The tragic events of 27 October, 2018, will forever be etched into the memory of the Leicester City family. It was a night we experienced the devastating loss of our beloved Chairman, friends, colleagues, and family members.

“Yet, in our grief, a sense of unity and strength was forged. The extraordinary support and kindness that was extended to those affected, by communities across Leicestershire, football and the wider world will never be forgotten.

“As we near the fifth anniversary of the accident, the families and loved ones of Khun Vichai, Kaveporn, Nusara, Eric and Izabela remain always in our thoughts, as those we lost remain always in our hearts.

“As a club, we continue to feel the loss of Khun Vichai, who loved his club, the city it calls home and the communities it represents.

“Our ongoing commitment to Khun Vichai’s vision, led with the same passion and devotion by Khun Aiyawatt and the Srivaddhanaprabha family, will be our lasting tribute to the memory of those we lost, and a reflection of the ambition, dedication and sense of community that brought us all together under Khun Vichai’s leadership.”

The AAIB inquiry found that the control system failed because a bearing in the tail rotor broke up due to its ceramic balls sliding rather than rolling, due to a build-up of pressure.

Asked if this was “an accident waiting to happen”, Adrian Cope, AAIB senior inspector for engineering told reporters: “It was a process which built up continuously.

“The damage in that bearing built up over a period of time.”

Inspection of the bearing was only required once it has been used for 400 hours, but the helicopter had only been flown for 331 hours when the accident happened.

One of the “contributory factors” for the crash was that regulations do not require maintenance checks to review the condition of used bearings against their original design, the AAIB said.

The 209-page report ruled out drone involvement and pilot error.

The AAIB’s chief inspector of air accidents Crispin Orr said: “The AAIB has carried out an extensive investigation to establish why the accident happened and how safety can be improved.”

Authorities from Canada, France, Italy and the United States were also involved in the investigation because of where various significant components were manufactured.

The AAIB made eight safety recommendations to the European Aviation Safety Agency (Easa) – whose rules for aircraft certification are mirrored by the Civil Aviation Authority in the UK – to “address weaknesses or omissions” in regulations for certifying helicopters.

These deal with the design, validation and monitoring of safety critical components.

Other changes were made to the AW169 and AW189 fleets by the manufacturer and Easa as investigators became aware of issues.

A statue of Mr Vichai was unveiled at the stadium in April last year.