Leicester City Relegated to League One for 2024-25 Season
This marks only the second time in the club's 142-year history it will play at the third-tier level.
Leicester City’s relegation from the Championship was confirmed following a 2-2 draw with Hull City. The result leaves the club in 23rd place, unable to escape the bottom three with two games remaining. Sheffield Wednesday will also be relegated to League One.
Relegation Confirmed in Final Stretch
The decisive match saw Hull City take an early lead through Liam Millar in the 18th minute. Leicester equalized from a penalty by Jordan James in the 52nd minute and went ahead two minutes later with a goal from Luke Thomas. Hull City’s Oli McBurnie scored the final equalizer in the 63rd minute.
Points Deduction and League Standing
In February 2024, the English Football League (EFL) deducted six points from Leicester City for breaching the league’s Profitability and Sustainability Rules during its 2023-24 Championship-winning campaign. The club’s appeal of that deduction was unsuccessful earlier this month.
According to one report, Leicester would have been relegated based on its league position even without the points deduction. The final relegation places also depend on the outcomes of remaining fixtures and any potential points deductions for other clubs.
A Club's Dramatic Rise and Fall
- Leicester City last played in League One during the 2008-09 season, which it won.
- The club won the Premier League title in the 2015-16 season and the FA Cup in 2021.
- It was relegated from the Premier League at the end of the 2022-23 season, promoted back to the Premier League the following season, and has now been relegated again to League One.
Significant Financial Implications
Relegation to League One carries significant financial implications.
According to data from Deloitte, the average total revenue for League One clubs in the 2023-24 season was approximately $17 million. This represents about one-quarter of the average revenue for Championship clubs and a fraction of the $422 million average for Premier League clubs during the same period.
Recent Managerial Changes
Leicester City appointed Gary Rowett as interim head coach in January, replacing Marti Cifuentes. Rowett is the ninth full-time manager appointed by the club since Claudio Ranieri’s departure in 2017.