At the start of this Barclays Premiership Season, Leicester City odds of winning were 5000/1, now the fairy tale might just come true.

The Fall and Rise of Leicester City

In 2003/04 Leicester City finished 18th in the Barclays Premiership and were demoted to the Championship Division. Over the next few seasons they had mixed results and eventually dropped another division. In the 2008/09 season they were in league one, which is the third division of English Soccer.

The good news was that after just one season in the third division they made their way back up to the championship and many bookies had them as one of the favourites to gain promotion into the English Premier League. In May 2013 Leicester City played Watford in a semi-final playoff to secure a chance at promotion. Leicester City had won the first semi-final 1-0 and in the away leg the score was 2-1 in Watford’s favour. Leicester City was awarded a penalty in stoppage time to secure a draw and take the game to penalties. What followed was astounding and makes for great viewing.