Claudio Ranieri as Leicester finished the season with a 1–1 away draw. On 16 May, Ranieri was named Manager of the Year for 2016 by the League Managers' Association, and on 18 May, he was named the 2016 Barclays Premier League Manager of the Season. He was also awarded Grand Officer of the Italian Order of Merit and the Enzo Bearzot Award as best Italian manager of the year. On 7 August 2016, Leicester began the 2016–17 season with a 2–1 defeat to Manchester United in the 2016 FA Community Shield. The start to Ranieri's second Premier League season with Leicester was
2015–16 Premier League magic moment in his career." Ranieri said after winning his first title at the age of 64 that he wouldn't have appreciated it as a young man: "Now I am an old man I can feel it much better." The long odds bookmakers had given Leicester at the start of the season led to them incurring losses of up to £25 million, with one punter winning over £100,000, having wagered £20 at the original 5,000–1 odds; the largest payout was £200,000 to an anonymous bettor who wagered £100 on the team in October when the odds were improved to 2,000–1.