A draw, then a loss to open their League One campaign. Just one win in 11 league outings. An exodus of players. A new boss already under intense scrutiny. And the club on the market.
In short, it’s a bleak spell for everyone associated with Leicester City.
It’s a far cry from a decade ago, when they revelled in the most improbable Premier League title triumph.
Commemorations of the 10-year milestone are unlikely to ease supporters’ pain; the nostalgia may only deepen the sting.
Not long after their relegation from the Championship, King Power Stadium staged a 10th-anniversary fixture billed as the 5,000-1 celebration — their starting odds for the 2015-16 title win.
Members of that Foxes side took on an All-Star XI managed by Tony Pulis; in sweltering heat and before roughly 5,000 fans, it ended 0-0.
Sixteen days later, Russell Martin was named manager. His credentials are under the microscope as he attempts to halt the Foxes’ slide to the third tier for the first time since 2009.
Since guiding Southampton to promotion via the play-offs in May 2024, Martin has recorded just two league victories across his time with the Saints and a brief 123-day spell at Rangers.
Leicester’s league campaign opened with a draw at Notts County and a 2-1 home defeat to Burton Albion.
That setback sparked a wave of bets on a further drop — into League Two. Odds on a third consecutive relegation now stand at 33-1.
Leicester’s troubling start comes amid off-field turbulence, with Thai owners King Power seeking to sell after 16 years in charge.
An eight-page sales brochure has been circulated to lure potential buyers, though the Srivaddhanaprabha family, who run King Power, have made no formal announcement.
Concerns about the ownership have mounted since 2022, when heavy transfer spending was followed by failure to secure European football.
Accounts show losses of nearly £100m in both 2021-22 and 2022-23, culminating in a six-point deduction for profit and sustainability breaches in 2025-26.
They finished last season 23rd in the Championship, five points short of safety.