Bottom line: For 111 years, Leicester City seemed to constantly teeter on the brink of relegation or promotion. Some years, they were the second-most popular pro sports team in their own city, behind the Leicester Tigers rugby club. And the soccer club had never even sniffed a Premier League title.
That’s why what happened in 2016 is still so hard to comprehend. Leicester City beat astronomical odds (it’s 2,000-to-1 that Elvis is still alive) to win the Premier League for the first time, taking down clubs like Manchester City, Manchester United and Chelsea. Leicester City manager Claudio Ranieri’s team clinched with two games left when Tottenham Hotspur was held to a 2-2 draw by Chelsea.
According to the Daily Telegraph, five people placed money on Leicester City at 5,000-to-1, with one man making $75,000 on a $50 bet after he took an early buyout.