Luton complete fairytale rise to Premier League riches

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 club confirmed he was responsive and able to talk to his family.

Lockyer had played his part when Luton had the ball in the net after just five minutes when Gabriel Osho was flagged offside as he forced the ball in from close range.

But a bright start from Rob Edwards' men was rewarded on 23 minutes when Elijah Adebayo's good work down the left teed up Jordan Clark to smash home at the near post.

Adebayo had a second Luton goal ruled out before half-time for handball.

Coventry looked like a side that had stage fright in front of 85,000 people in the first-half.

But Mark Robins' side have grown used to thriving in adversity.

In their 22 years away from the top flight, Coventry have been forced out of their home city to Northampton and Birmingham due to financial issues in leasing their stadium.

Even when restored to Coventry, they began the season at the foot