Champions League to Championship: What went wrong at Leicester City?

The end of the Premier League season marked a season to forget for Leicester City, who made a remarkable fall from grace from playing in the Champions League to now playing in the Championship.

A lack of investment and managerial stability were the main reasons three coaches lost 22 of 38 Premier League fixtures.

Since being promoted in 2014, Leicester City has been one of the highest-performing teams in the country, famously winning the Premier League in 2016 and securing an FA Cup.

From consecutive top-eight finishes to relegation, where did it all go wrong for Leicester City?

Before the managerial mix-ups or lack of investment, Leicester City got one thing wrong straight off the bat, letting 11-year servant Kasper Schmeichel leave to join Nice in France.

The Danish goalkeeper was the leader of the dressing room and ever present in the club's toughest times, like when the former owner died in a helicopter crash.

Welsh keeper Danny Ward struggled as the first-choice keeper, conceding on average 1.8 goals a game. Leicester let in 68 goals during the season, the fourth worst in the league.

After an eighth-place finish and the heartbreak of missing out on getting the club to a European final, the club's spending was stagnant due to a poor business year for the King Power Duty-free.

Former manager Brendan Rodgers had his eyes set on a top-four finish for the season just gone, but with only one true signing (£15m for Wout Faes), Rodgers had to adjust his expectations.

In the Premier League, a squad must evolve to continue to compete, and with the sale of key personnel and the drop off from key players like Jamie Vardy, the manager aimed to survive.

Brendan Rodgers led the club to one win in ten before steering the club to 12^th prior to the World Cup break. Even then, the fans knew a change should have been made, but the owners stuck to their guns and kept Rodgers in charge.

Leicester fans started displaying 'Rodgers out' banners after continued poor results. Rodgers stayed in post for the two-week international break before being sacked after the first game back, losing to Crystal Palace, with the club sinking into the drop zone.

The two-week break would have been perfect for a manager to implement his ideas in the group, but with poor planning, Dean Smith was appointed with eight games to go.

On the surface, Leicester looks as though they can quickly return to the Premier League, possessing top-ten caliber players. However, with seven players out of contract in June and Youri Tielemans already moving on, the club make take some time to move back up.

A further eight players have their contracts expire next year, and expect 50% cuts in their wages with the club being relegated. This Leicester team may have a completely new squad by the time 2024 comes around.

Leicester was last relegated from the Premier League in the 03/04 campaign, taking them ten years to return. Fans and players alike will be hoping it won't take that long again.