That's what happened in my second season here, we were relegated with a great team.
Perez nearly squeezed home the second goal for Newcastle with 14 minutes remaining after getting on the end of a loose ball at the near post but Schmeichel was alert to make the save this time.
None of that was lost on the Newcastle fans who waxed lyrical about him on social media after the game, with many of them urging the club to sign the West Bromwich Albion loanee permanently, and to a very long contract.
And Perez believes the result was the most important yet this season given that it has nearly certainly ensured another season of Premier League football on Tyneside.
"This city, the club has potential".
It says so much that the presenter was able to hold his hands up regarding his former side and effectively say the better side won and that he could have no qualms about it.
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Lomachenko wows in convincing win over Crolla
In Round 4, Lomachenko continued his high pressure and was able to land a huge right hand that immediately sent Crolla to the mat. To say Vasyl Lomachenko wiped the floor with Anthony Crolla's mug on Friday night would be an understatement. "I broke my hand".
But Leicester gradually gained control and Martin Dubravka had to make saves from Ben Chilwell and Harvey Barnes, both players exploiting gaps down Newcastle's right.
As the dust settled, the Magpies sealed a massive victory to go to 13th place from ninth whilst the hosts suffer their first home defeat under Brendan Rodgers to remain in seventh.
Perez wasted a good chance to double Newcastle's lead early in the second half when he volleyed wide from Rondon's cross.
Vardy had Leicester's best chance to equalise, lifting a shot over the bar from close range after being fed a pass by Youri Tielemans with 10 minutes left.
The last opportunity for a Leicester leveller came and went in stoppage-time when Tielemans appealed in vain for a penalty after going to ground when a cross reached him at the far post.