The match, in aid of Bliss - the premature baby charity - is expected to attract a bumper crowd on the afternoon with organisers hopeful that ex-City chief and current Aston Villa boss Martin O'Neill will agree to manage the Legends squad.
The Walkers All-Stars side will consist of Walkers employees as well as a selection of local, national and international celebrities, including Tigers' own Martin Johnson and Austin Healey.
Organisers are also hoping to acquire the services of Serge and Tom from Leicester's very own Kasabian, Soccer AM presenter Tim Lovejoy, ex-Fox Gary McAllister, Leicestershire CCC coach Tim Boon, actors Dean Gaffney and Michael Greco as well as Radio Five Live Sports Presenter Arlo White.
The All-Stars face a tough challenge with the likes of Muzzy Izzet, Matt Elliott, Gerry Taggart, Emile Heskey, Ian Walker, Tony Cottee, Frank Sinclair, Les Ferdinand, Garry Parker, Simon Grayson, Steve Guppy, Trevor Benjamin, Jordan Stewart, Andrew Impey, Ade Akinbiyi, Ben Thatcher, Stef Oakes, Paul Dickov and Pontus Kamark all having been invited to turn out for 'O'Neill's Legends'.
"This should prove to be a fantastic afternoon of entertainment for a worthy cause and we are grateful to Leicester City for allowing us to stage the event," said organiser Layla Whiting.
"The interest has been immense and we have been overwhelmed with the response from some of the club's former players who have been delighted to lend their support."
Half-time entertainment will include a cross bar challenge with former Foxes manager Micky Adams and assistant Alan Cork while there is also an exclusive raffle planned.
Only 100 raffle tickets are available at a cost of £100 each with the winner gaining the chance to play 45 minutes as part of the City Legends team.
Tickets are now on sale and are available from the Walkers Stadium ticket office.
Tickets are priced at £10 for adults and £5 for children or a family ticket (two adults and three children) costs £20.