The players' visit comes ahead of their away match against Cardiff, their first since the disaster.
Endless moving tributes have been paid to Vichai Srivaddhanaprabha via players' tweets and the countless flowers and messages placed at the shrine outside the King Power Stadium.
A memorial is taking place outside the club's stadium, with several players paying tribute to Srivaddhanaprabha in recent days.
The decision was branded senseless by Sky Sports pundit Phil Thompson who told the official to "get a life".
Today, the King Power empire is worth £3.8 billion (4.88 billion USA dollars), according to Forbes, with Vichai having been the fifth-richest person in Thailand.
"It didn't matter who you were, he would always make sure he made the time for you and as the pictures show, he was always smiling and those will be the things that we'll never forget and will always be ingrained in your mind".
"We all spoke about wanting to play, it's what Vichai would've wanted and that's what we are going to do", he said.
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Vardy added: "He wasn't just a chairman, he literally was part of your extended family".
Thais were stunned by the tragic demise of a man known mainly for one business success after another but who owed much of his ascent to canny navigation of Thailand's unpredictable politics and elite society.
Aiyawatt Srivaddhanaprabha and Aimon Srivaddhanaprabha, son and wife of Leicester City's owner Vichai Srivaddhanaprabha are pictured during his funeral at Wat Thepsirin in Bangkok, Thailand, November 3, 2018. They are driving us on.
After the Cardiff game, coach Claude Puel will lead many of his squad to Thailand for Vichai's funeral, which starts on Saturday in Bangkok and will last around a week.
"It is going to be tough and it will be very emotional, but we've all chatted about it. People are saying the result doesn't matter, but for us lads we want to make it a positive result". "We hope that we did his family proud". "The chance to go out there and attend his funeral was offered to us and everyone jumped on that".
"You can see from the reaction the impact he had on so many lives", said the goalkeeper Kasper Schmeichel, who had been one of the closest witnesses to the aftermath of the accident.