5000/1. Those were the odds with most bookies in August last year when the Premier League season started. A team filled with cast offs and unknown low budget signings who had needed a miracle late run to avoid relegation last season. For those who wanted an outside bet, they have now come up trumps as Leicester have been crowned the most unlikely Premier League champions likely in our lifetime.

The squad have excelled themselves and shocked the world with their brilliantly effective counter attacking brand of football. Despite immense pressure and scepticism from the wider world, they have managed to achieve the seemingly impossible task of taking on the big guns of the two Manchester clubs, Arsenal, Chelsea and Liverpool and beat them.

These clubs have spent hundreds of millions of pounds that have been vanquished by a squad assembled for less than £30 million pounds. It’s the ultimate David vs Goliath sports story, one that is already been talked about becoming a major Hollywood film. This is why their achievement this season is so important to club football across the world.

This bar chart shows the value of each Premier League this season. This only enhances their achievement this season. Photo copyright CIES Football Observatory.

The Premier League is watched by billions of people across the world, only enhancing the impact of Leicester’s triumph around the globe. Leicester have shattered the previous notion in football that you need to assemble a squad filled with the best and most expensive players in the world to win anything in major club football.

The most popular sport in the world has developed an unhealthy obsession with money, as it now becomes fashionable for a club to be taken over by increasingly rich billionaires with too much money to know what to do with. Manchester City are the blueprint for this example, as their takeover in 2008 and injection of Abu Dhabi money has elevated them from a solid Premier League side to one now competing with Real Madrid in the semi-finals of the Champions League.

Leicester have shown the world that this is not always the answer, and that smaller clubs on modest budgets can compete with the big guns. Whilst some may argue that this is an unlikely achievements that will not be repeated anytime soon, it does give clubs hope for the future that if they can invest in the right scouting networks and youth development they don’t need a spend big money to play well and rise above their perceived expectations.

Midfielder Riyad Mahrez and striker Jamie Vardy have stolen the headlines, but the entire squad have made themselves into stars thanks to their hard work and high quality performances this season. Rumours have begun to circle that most of the players such as Vardy,Mahrez and N’Golo Kante are going to be the subject of big money bids from bigger clubs.

Jamie Vardy celebrating one of his many goals this season. He will have more to celebrate now they have won the league. Photo copyright Graham Chadwick.

Clubs are also scampering to unlock the secret to their success this season, with Arsenal signing their head scout in the hope he can uncover the next Mahrez or Kante. This is missing the point however. Whilst other clubs can offer increased wages and the promise of regular Champions League football, they will it hard to break through the bond this squad appears to have.

The collective spirit at the club is likely what will keep a lot of their key players from leaving, and a lot of the credit for this has to go to manager Claudio Ranieri. The vastly experienced manager had tempered expectations and kept the team motivated to the point they have been by far the best team in the league this season. He has presided and led his team to a remarkable achievement, one that is very unlikely to ever be repeated in a major football league.

For now it’s beginning to sink in that Leicester City really have won the Premier League. Awaiting them in a summer filled with celebrations, before embarking on another Premier League campaign and a debut in the world’s best club competition, the Champions League. They will find themselves up against the likes of Real Madrid, Bayern Munich and Juventus. And this is exactly where Leicester belong after this season. Let that sink in for a moment. This is the real impact and signals how remarkable it is what they managed to do this season.

What are your thoughts on Leicester’s remarkable triumph this season? Feel free to comment and give your thoughts below. Also thank you for reading and you can find me on Twitter @brfcjordan95.