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30 Apr 2024

Football promotions across the East Midlands set to boost economy

picture of Leicester City King Power stadium

Leicester City’s return to the Premier League and Derby County’s rise to the Sky Bet Championship are set to positively impact the economy in each city, says East Midlands Chamber.

The promotions follow celebrations at the weekend for Chesterfield FC’s recent return to the English Football League and Mansfield Town going up to League One.

East Midlands Chamber Chief Executive Scott Knowles said: “These promotions showcase the sheer talent we have at our clubs across the East Midlands.  Four football teams celebrating simultaneously is just fantastic for this region.  I send my warmest congratulations to the outstanding players, coaches, managers and staff – everyone that backs and supports their club week in, week out.

“There were jubilant scenes in Chesterfield and Mansfield at the weekend as they celebrated. To then see Derby County promoted to the Sky Bet Championship and Leicester return to the Premier League capped off a superb weekend for sport in the East Midlands.

“The injection the economy gets when a football club is promoted cannot be underestimated. We can expect increased ticket and merchandise sales at all four clubs, but then the wider economy and supply chains benefit too. You get increased hotel occupancy and the whole hospitality sector gets buoyed as crowds flock to restaurants and food outlets. The feelgood factor encourages spending, while being in higher leagues gains recognition on a bigger stage, including overseas.  That can only be good for the economy.”