Matt Gillies then club record incoming fee of £80,000 and the unrest over pay saw Leicester slump to 18th that season in the league. The signing of Derek Dougan for £21,000 from Peterborough United and Jackie Sinclair from Dunfermline for £25,000 the following summer though saw the club rejuvenated and again become a strong force in the First Division. However, having just celebrated victory in the 1966 World Cup and having cemented a reputation as being one of the world's foremost goalkeepers, Gordon Banks was under pressure from upcoming youth star Peter Shilton. Shilton wanted first team football and realised that with
Gordon Banks missed the first nine games of the 1965–66 season after breaking his wrist when diving at the feet of Northampton Town's Joe Kiernan in a pre-season friendly. Leicester finished the season in seventh spot, and exited both cup competitions at the hands of Manchester City. Despite being a World Cup winner in the previous summer, Banks was dropped towards the end of the 1966–67 season in favour of highly promising teenage reserve Peter Shilton. Manager Matt Gillies was blunt, telling Banks "we [Gillies and the club's directors] think your best days are behind you, and you should move on". Teammate