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Luton complete fairytale rise to Premier League riches

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Luton completed a fairytale journey to the Premier League after beating Coventry on penalties in the Championship playoff final at Wembley on Saturday.

The Hatters secured a fourth promotion in 10 seasons 6-5 in the shootout after the sides were tied at 1-1 after 120 minutes.

Financial experts estimate promotion to world football’s most watched league to be worth around 170 million ($210 million) for a club that have been through turmoil since they last played in the top flight 31 years ago.

Some of that cash will go to upgrading the club’s stadium, Kenilworth Road, which with a capacity just over 10,000 and set among rows of terraced houses, will be hosting the likes of Manchester United and Liverpool next season.

Luton had to recover from an early shock when captain Tom Lockyer collapsed on the field.

The Welsh centre-back was stretchered off and taken to hospital, where the

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