Competitive Mobility Project

England

Leicester City

2025/26: 23rd in the Championship, relegated · 2026/27: League One

How high can Leicester City realistically go?

Based on finishing 23rd in the Championship in 2025/26 and going down

About 6 in 10

Of the 51 times a club was relegated from the Championship between 2004/05 and 2020/21, 30 were back up within five seasons.

30 of 51 (59%); likely range 45%–71%, 37 different clubs.

Reached the top flight within ten seasonsabout 1 in 7
5 of 36; range 3%–27%

Leicester City itself: 8 of the last 10 seasons in the Premier League.

Taking its wage bill into account

Of clubs in a similar position with a wage bill like Leicester City's — the 15th highest of 36 in the top two divisions in 2024/25, 1.1 times the average — this share went on to:

Were in the top flight within five seasons
In this league the wage bill adds little here: the figure is close to the one for position alone.
about 1 in 5
range 5%–50%
How is this worked out?

A model fitted on every club-season with a published wage bill (England from 2011/12, France from 2008/09) relates each goal to two things: where the club finished and how its wage bill compared with the season's average. Five-year goals are used because the wage records are too recent for ten-year ones. We checked the model on clubs it had not seen: adding the wage bill makes the figures more accurate for most goals, and where it does not, the page says so. The range comes from refitting the model on clubs drawn at random with replacement. Like every figure here, it describes clubs like this one, not a forecast for this club; wage bills include all staff, not only players. This model was added after the registered tests and is descriptive, not one of them.

How do we know?

We took every season since 2004/05 in which a club finished in the same part of the same league, and followed each club forward. The figure is the share that reached each goal. Ten-year goals use finishes from 2004/05 to 2015/16, five-year goals from 2004/05 to 2020/21, so every case has had the full time to play out; results run to the end of 2025/26.

It describes what happened to clubs in this position, not a forecast for one club. A club with much more money or history than is usual for its position has better chances than the figure suggests, which is why the club's own record is shown underneath.

The likely range is a 95% interval worked out by resampling clubs rather than seasons, because the same club often appears several times. It is wide where only a few clubs have been in a position, and two leagues whose ranges overlap may not really differ. Reserve teams such as Barcelona B or Real Madrid Castilla are left out of these counts, because they cannot be promoted into their first team's division.

Counts: were back up within five seasons: 30 of 51; reached the top flight within ten seasons: 5 of 36.

The story so far

Leicester City has played 34 seasons in the divisions covered here since 1992/93: 18 in the Premier League, 15 in the Championship and 1 in League One. It has been in the Championship since 2025/26 (1 season), after 1 season in the Premier League. It drops to League One for 2026/27. It won the Premier League once (2015/16). Its biggest climb took five seasons: from 10th in the Championship in 2010/11 to 1st in the Premier League in 2015/16. It has been promoted 6 times and relegated 7 times.

Final position each seasonRinged dots are titles
2025/262021/222017/182013/142009/102005/062001/021997/981993/941stPremier LeagueChampionshipLeague OneLeague Two
How to read this chart

Every club in the divisions covered is placed on one ladder each season: the champions are 1st, and the top club of the second division comes straight after the bottom club of the first. Shaded bands are the divisions. Hover over or tap a dot for the season.

34seasons since 1992/93
18seasons in the Premier League
1league titles
1top-four finishes
6promotions
7relegations

Against the money

About where its money would put it

Over 13 seasons, the average gap was +0.6 places, which is within what chance alone would produce. It finished above its money in 7 of 13 seasons with published figures.

£153mwage bill, 2024/25
15thhighest of 36 clubs with published accounts
18thfinish in the Premier League, 2024/25
Where Leicester City finishedWhere its wage bill normally finishes
1st2024/252022/232020/212018/192016/172014/152012/13Premier LeagueChampionship
Season by season
SeasonFinishWage billWage rankPlaces above its money
2024/2518th, Premier League£153m15th of 36-5.5
2023/241st, Championship£107m18th of 36-4.8
2022/2318th, Premier League£203m7th of 39-10.2
2021/228th, Premier League£180m7th of 38-1.2
2020/215th, Premier League£191m7th of 37+1.3
2019/205th, Premier League£157m8th of 39+3.9
2018/199th, Premier League£150m8th of 37-1.1
2017/189th, Premier League£119m8th of 35+3.8
2016/1712th, Premier League£113m7th of 33-0.1
2015/161st, Premier League£80m14th of 36+12.1
2014/1514th, Premier League£57m18th of 38+5.8
2013/141st, Championship£36m21st of 36+2.7
2012/136th, Championship£27m22nd of 34+0.5
How do we know?

For every season, we compare each club's wage bill with the average in the top two divisions, and work out the finish that wage bill usually brings, allowing for differences between seasons and assuming a bigger wage bill never lowers the expected finish. The gap between that and the actual finish, averaged over the seasons, is the figure above. An overall verdict needs at least eight seasons, and a signed number is given only when the gap is clearly larger than chance.

Wage bills are the staff costs in each club's statutory accounts at Companies House (all staff, not only players), read without any language model and checked against the note's own components and the next year's accounts. Seasons where two readings disagree by more than 2% are left out.

On average, most of a big over-performance fades: clubs that finished at least four places above their money (on average 6.4 places) were +2.0 places the next season, so about 69% of it disappeared and the rest persisted. Some clubs beat their money season after season. It mixes good management, luck and resources the measure cannot see, so it is not a score for how well a club is run.

Clubs with a similar path

Clubs whose finishing positions over the last 15 seasons were closest to Leicester City's, with recent seasons counting more.

In England

West Ham UnitedEngland · 18th in the Premier League, 2025/26SouthamptonEngland · 4th in the Championship, 2025/26BurnleyEngland · 19th in the Premier League, 2025/26Crystal PalaceEngland · 15th in the Premier League, 2025/26

Elsewhere in Europe

SassuoloItaly · 11th in Serie A, 2025/26AngersFrance · 13th in Ligue 1, 2025/26NantesFrance · 17th in Ligue 1, 2025/26

Compare Leicester City with another club

Sources