The story is moving. Rewrite the era.Status checked 25 Sep 2026 · Sanctions and appeals may still change · No official reallocation of honours is stated.
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ALTERNATIVE HISTORY
Summer 2018The Parallel GazetteFictional front page
Leicester City badge

MAHREZ STAYS!

Leicester keep their title-winning superstar as Foxes build for another Champions League push.

Not a real headline. Imagined from the No-City model and alleged-breach era; no honours are officially reassigned.

Leicester City badge
COULD THE MIRACLE BECOME AN ERA?

Leicester City’s 115 Effect

Leicester conquer England. City come for Mahrez. Then Leicester miss the Champions League by inches.

The front page above is imagined; the recorded story starts here.
Leicester City · financial impact

Follow the money.

The identifiable financial effect from changed league positions and European qualification.

FINANCIAL EFFECT£59.3m–£81.4midentifiable modelled effect
PREMIER LEAGUE£13.50mposition-linked distributions
EUROPE£45.83m–£67.93mThe title stays · the European story changes later
01
Recorded history

What really happened

Leicester's story starts with something the model does not need to change. They won the 2015/16 Premier League and, even after losing four points when City's fixtures disappear, they are still champions. The miracle survives the calculation.

02
Recorded encounters and transfers

The City effect

The story then moves forward. City pursued Riyad Mahrez in January 2018 and signed him that summer. The pursuit came during 2017/18, the final season covered by the Premier League's alleged financial-information breaches. Those allegations are contested and do not establish that the Mahrez deal was improperly funded. For Leicester, the football question is what happens to a champion side as its defining players move on.

03
Direct effect · audited No-City model

What changes?

The title stays theirs in both histories. Removing the City fixtures takes four points off their total, not four points onto it.

2015/16 · hypothetical No-City tableNO POSITION CHANGE

Actual: 1st · 81 pts
No-City: 1st · 77 pts

Impact: no position change · -4 points

These are recalculated league positions, not official honours, qualification decisions or a proposed remedy.

04
Follow the money

The Financial Effect 💰

TOTAL IDENTIFIABLE MODELLED EFFECT£59.3m–£81.4m

The title stays · the European story changes later. Follow the changed league positions into the European qualification effects we can measure.

£13.50m League position£45.83m–£67.93m Europe£0 Relegation
See the full calculation

The total uses identifiable position-linked distributions and a lower-to-central UEFA range. It does not price the wider butterfly effect.

05
ALTERNATIVE HISTORY · the imagined branch

The butterfly effect 🦋

Leicester did not disappear after the miracle. They later finished fifth in 2019/20 and fifth again in 2020/21, when they ended just one point behind fourth-place Chelsea. Another Champions League season does not guarantee they avoid the later decline, but it changes the platform: money, status and another reason for players to stay. The question is no longer whether Leicester could win the miracle title. They did. It is whether the miracle could have become an era.

  1. The question
    Alternative history

    Could another season at Europe's top table have helped turn the miracle into an era?

06
Questions, not predictions

The legacy

Another Champions League season would not guarantee Leicester avoid later decline or relegation. It would, however, change the financial and sporting platform. The question is whether the miracle could have become an era.

Alternative history · trophy reassignment

A title that stays put

A storytelling convention, not an official award or a prediction of who would win without City.

2015/16 · Premier LeagueLeicester City badge Leicester CityUnchanged in the separate No-City model; not one of the reassigned trophies.
Explore the trophy ledger
07
The complete audited record

The data / show me the receipts

Every Leicester City Premier League season in the charged-era model, including the ones where nothing changes.

4PL seasons in model
8League matches vs City
2 / 1 / 5W / D / L vs City
7Points earned vs City · removed in model
3Seasons with a place change

Season-by-season league impact

SeasonActualActual outcomeNo-CityNo-City outcomeImpactPts vs City
2014/1514th · 41 pts—13th · 41 pts—+1 league place · no points removed0
2015/161st · 81 ptsChampions1st · 77 pts1stno position change · -4 points4
2016/1712th · 44 pts—13th · 41 pts—-1 league place · -3 points3
2017/189th · 47 pts—8th · 47 pts—+1 league place · no points removed0

Outcome labels show champions, top-four finishes and relegation. The No-City column describes the recalculated 19-team table; it does not automatically reassign UEFA qualification. *Tottenham finished fourth in 2011/12 but entered the Europa League after Chelsea won the Champions League under the rules then in force.

Every league match against City

SeasonDateHomeScoreAwayResultClub pts
2014/152014-12-13Leicester City0–1Manchester CityL0
2014/152015-03-04Manchester City2–0Leicester CityL0
2015/162015-12-29Leicester City0–0Manchester CityD1
2015/162016-02-06Manchester City1–3Leicester CityW3
2016/172016-12-10Leicester City4–2Manchester CityW3
2016/172017-05-13Manchester City2–1Leicester CityL0
2017/182017-11-18Leicester City0–2Manchester CityL0
2017/182018-02-10Manchester City5–1Leicester CityL0
Explore all No-City tables →
08
Pass it on

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Where does this story go next?

See the receipts · editorial notes

2015/16: actual champions; hypothetical No-City champions with four fewer points.

Mahrez context is a later football link; no causal claim is made between the Premier League's contested allegations and his transfer.

2019/20 and 2020/21 are later recorded-history context, not part of the charged-era fixture-removal model.