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Five reasons why winning the Premier League is a big deal

Leicester city fans celebrate outside the King Power Stadium in Leicester, central England, on May 3, 2016, after the team won the English Premier LeagueAFP/Getty Images

Leicester City are celebrating becoming the new Premier League champions.

It's the first time the club have won the most important title in English football in their 132-year history.

But why is winning the Premier League such a big deal?

Here are five things that Leicester City can look forward to now they're Premier League winners.

Here comes the money
MoneyGetty Images

Sports data experts predict Leicester will get around £150 million from winning the Premier League.

That cash will come from prize money and increased match day sales, which the club can use to improve their facilities and buy more players.

The Foxes are going to Europe
View of a mural with the portraits of famous football players at Tavares Bastos shanty town (favela) in Rio de Janeiro, Brazil, on May 21, 2014. Players are from left to right: Lionel Messi (Argentina), Neymar (of Brazil), Cristiano Ronaldo (of Portugal), Luis Suarez (of Uruguay).AFP/Getty Images
Leicester will get the chance to take on the world's best players in the Champions League including (from left to right) Lionel Messi, Neymar, Cristiano Ronaldo and Luis Suarez

Part of the £150 million also comes from taking part in the Champions League, which Leicester will get to do next season for the first time.

The Foxes will get the opportunity to play against some of the biggest football teams in Europe including Spanish giants Real Madrid and Barcelona.

Worldwide fame
Thai Buddhist monk Phra Prommangkalachan holding a banner emblazoned with sacred patterns surrounding Leicester City Football Club's crest as he poses for pictures at the Traimitr Withayaram Woraviharn Temple in BangkokReuters
Leicester's owners are from Thailand and Buddhist monks there have been making regular trips to England to bless Leicester's pitch over the past three years

Leicester's Premier League win is making headlines around the world.

This new fame can lead to the club earning more money and attracting more fans across the globe.

Future success
Manchester United manager Sir Alex Ferguson lifts the Barclays Premier League trophy after the Barclays Premier League match at Old Trafford, Manchester.PA
Leicester will hope to follow in the footsteps of Manchester United, who have won the Premier League a record 13 times, and win the title again next year

If the past is anything to go by, Leicester have increased their chances of winning the title again.

Only five other teams have won the Premier League before - Manchester United, Blackburn, Arsenal, Chelsea and Manchester City.

All of them, except for Blackburn Rovers, have won gone on to become champions more than once.

And finally, the Premier League trophy is pretty cool too…
Premier League trophy on top of a background of Leicester City's playersLeicester City/Twitter