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The Foxes, who qualified for last nights event after winning the Central Masters championship in July, put in a solid performance against Tottenham Hotspur in the first quarter final of the night. Despite being held to a 0-0 draw, Leicester beat Spurs 3-0 on penalties, Wright, Reid and Grayson scoring the spot kicks.
The semi-final proved a different matter. Leicester played nowhere near the way they performed in the Central Masters and in last years Masters tournament, as they were defeated 2-1 by Glasgow Rangers.
Rangers went on to win the final after beating the favourites Chelsea a staggering 8-2.