Leicester City could earn as much as $218 million (£150 million) as a result of winning the Premier League title.

Leicester, confirmed as champions after Tottenham's draw at Chelsea on Monday, could earn £90 million in prize money for topping the table via the Premier League's "Merit Payment" system. The Foxes earned £71.6 million in prize money last season, when they finished 14th.

Leicester will play in the group phase of next season's Champions League.

Repucom's analysis says that group stage fees, a proportion of the competition's market pool and a participation bonus will provide a further £33 million in total, with around £3 million potentially available for performance bonuses.

Television audiences for Leicester games have also increased significantly over the course of the season -- 23 percent globally and 29 percent in the UK -- and the report says: "As a result, media values have jumped by 30 percent globally whilst in the US they have grown by over 70 percent."