tommy smyth, espn soccer analyst, and roger bennett, and they're all about soccer. john micklethwait just ce to bloomberg a year and a half, two years ago, from london where he was editor of the economist. every year for 20 years he placed a 20-pound bet that liecester would win. every year, they lost! pick up the story. >> to be stric strictly accuraty didn't lose quite every year, when they were in the lower divisions, they won a bit that year. but it's fair to say my failure to bet last year was a disaster. >> rose: the one big year and there's no payoff. and the odds are 5,000 to 1. >> a hundred-grand. >> rose: if you put uh 20 pounds down? >> i have two confessions to made i've made repeatedly in the past few days. i used to do it august 11, my birthday, pretty the beginning of the english soccer season. this particular time, once i began to do well, through october, november, maybe i should have gone to bet then when their odds came down to 200, 300 to one. the silly thing is i miscalculated the odds so i thought i lost 10,000 pounds sometime around january. i

here to tell bus it tommy smyth, john mcelweith, and roger bennett how big an upset is the season that, as they say, is having? how big is it to go from here to here? >> charlie, if this was the medieval ages we would be writing ballots about this achievement and singing it for generations. this is a 132-year history of leicester football club. they've never come close to winning this trophy. english football is run by money, the common wisdom off the field, bank accounts determine success on it. >> rose: so how did they do it? >> they did it with hard work. they did it with honest endeavor, and they did it with a bunch of guys who wanted to play for a manager who everybody really killed when he came in halfway through the season. and he was known as the tinker man when he was with chelsea. he made that many changes in a week. nobody ever knew what the team was going to be. with leicester, he couldn't make those changes because he didn't have the depth on the bench. so he made 25 changes all year. >> that's all true. it's also true that the big clubs all have bad years. but the last th

roger bennett, i've been trying to explain how massive this is.ield determines success. they buy success. there's no salary cap, no draft, no parody mechanism. for a tiny team with no history of success from a tiny town to rise up and not just win one game like the miracle on ice or march madness, but we have to take on david, goliath, seabiscuit in cleats. coming together with incredible spirit and defying the odds. it's a modern miracle. you love miracles. >> walking on water. the parting of the red sea. >> that's exactly what we're seeing. they're playing a game nobody else does. they just want to counter attack like tcu. it's liberty university winning the football college and even andrea bocelli popped in. it's like being barry manilow sing "copacabana." on this day, miracle is a waking dream. >> talk about the payroll. compare it to man city, to chelsea. >> the gentleman that just scored 24 goals this season. he was playing nonleague football, six divisions below. he was working in a plastics factory. he's the player of the year. a nasty pie