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Leicester City's Fairytale Ends: From 5000/1 to League One
22 Apr
Summary
- Leicester City relegated to League One after draw.
- Club previously won Premier League at 5000/1 odds.
- Six-point deduction impacted club's season significantly.

The fairytale of Leicester City winning the Premier League at odds of 5000/1 has concluded with their relegation to League One. A 2-2 draw against Hull City on Tuesday confirmed the Foxes will play in the third tier next season, marking a dramatic fall from their 2015-16 championship triumph.
This relegation represents a remarkable reversal for the club, which was penalized with a six-point deduction earlier in the 2022-23 season for financial rule breaches. The club's appeal against this penalty was unsuccessful, and the punishment played a role in their struggles.
Leicester City now becomes the first former English champion to be relegated to the third tier since Leeds United in 2007. The 2022-23 season saw them drop from the Premier League for the second time in three years, followed by a troubled Championship campaign with only one win in their last 18 matches.
Despite past successes, including reaching the Champions League quarter-finals and winning the FA Cup in 2021 under Brendan Rodgers, the club failed to avoid relegation. Management changes throughout the season, including the sacking of Marti Cifuentes and replacement by Gary Rowett, did not prevent their slide.