Precision measurements of the Drell-Yan (DY) cross sections at the LHC constrain new physics scenarios that involve new states with electroweak (EW) charges. We analyze these constraints and apply them to models that can address the LHC diphoton excess at 750 GeV. We confront these findings with LEP EW precision tests and show that DY provides stronger constraints than the LEP data. While 8 TeV data can already probe some parts of the interesting region of parameter space, LHC14 results are expected to cover a substantial part of the relevant terrain. We derive the bounds from the existing data, estimate LHC14 reach and compare them to the bounds one gets from LEP and future FCC-ee precision measurements