Claim: Leicester City F.C. is a soccer team.

Leicester City Football Club -LRB- -LSB- ˌlɛstər_ˈsɪti -RSB- -RRB- , also known as the Foxes , is an English professional football club based at the King Power Stadium in Leicester . They compete in the Premier League , England 's highest division of football , and are the former champions winning in the 2015-16 season . Having been promoted as champions of the Football League Championship in 2013 -- 14 , this signalled a return to the top flight of English football after a decade away .   The club was founded in 1884 as Leicester Fosse F.C. , playing on a field near Fosse Road . They moved to Filbert Street in 1891 , were elected to the Football League in 1894 and adopted the name Leicester City in 1919 . They moved to the nearby Walkers Stadium in 2002 , which was renamed the King Power Stadium after a change of ownership in 2011 .   Leicester City won the 2015 -- 16 Premier League , their first top-level football championship . They are one of only six clubs to have won the Premier League since its inception in 1992 . A number of newspapers described their title win as the greatest sporting upset ever , considering at the start of the season they were favourites to face relegation . Multiple bookmakers had never paid out at such long odds for any sport . Due to the magnitude of the club 's title win , it went down in English football history as one of the game 's finest ever achievements . The club 's previous highest ever finish was second place in the top flight , in Division One in 1928 -- 29 . Throughout Leicester 's history , they have spent all but one season within the top two leagues of English football . They hold a joint-highest seven second-tier titles -LRB- six Second Division and one Championship -RRB- .   The club have been FA Cup finalists four times , in 1948 -- 49 , 1960 -- 61 , 1962 -- 63 and 1968 -- 69 . This is a tournament record for the most defeats in the final without having won the competition . City have several promotions to their name , two play-off final wins , and one League One title . In 1971 , they won the FA Community Shield , and in 2016 , they were runners up . They have also won the League Cup three times in 1964 , 1997 and 2000 , as well as being runners up in 1964 -- 65 and 1999 . In addition , Leicester City have competed in European football , with their appearances coming in the 1961 -- 62 European Cup Winners ' Cup , 1997 -- 98 UEFA Cup , 2000 -- 01 UEFA Cup , and most recently the 2016 -- 17 UEFA Champions League , reaching the quarter-finals of the competition in that year .