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Leicester City's Descent from Premier League Glory to Third Tier

ESPN Soccer •
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Leicester City are enduring a remarkable decline, barely a decade after their stunning Premier League win and Champions League debut. The Foxes, who achieved the greatest underdog triumph in football history in 2016, now languish in English soccer's third tier - the EFL League One - and face the prospect of three successive relegations.

A 4-3 victory away to Stockport County lifted Leicester from their lowest-era position, but defensive collapses and fan hostility toward manager Russell Martin persist. Martin, fired by Rangers after 17 games, admitted criticism has become 'personal' as supporters chant his sacking. His purist passing style faces resistance from fans accustomed to immediate results.

The club, owned by the Srivaddhanaprabha family, is up for sale with offers exceeding £200 million. Scottish-Indian businessman Neil Lal proposes a five-year plan: 'get Leicester out of League One, in the Championship and get back to the Premier League.' However, realistic concerns remain about the club's debt and massive wage bill. Lal acknowledges 'capital will be introduced' but warns the approach 'is not financially viable.'