Premier League

The Premier League (sometimes referred to as the English Premier League or EPL) is the top level of the English football league system. Contested by 20 clubs, it operates on a system of promotion and relegation with the English Football League (EFL). Seasons run from August to May with each team playing 38 matches (playing all 19 other teams both home and away). Most games are played on Saturday and Sunday afternoons.

The competition was founded as the FA Premier League on 20 February 1992 following the decision of clubs in the Football League First Division to break away from the Football League, founded in 1888, and take advantage of a lucrative television rights deal.

The Premier League is the most-watched sports league in the world, broadcast in 212 territories to 643 million homes and a potential TV audience of 4.7 billion people.

Forty-nine clubs have competed since the inception of the Premier League in 1992: forty-seven English and two Welsh clubs. Seven of them have won the title: Manchester United (13), Chelsea (5), Manchester City (4), Arsenal (3), Blackburn Rovers (1), Leicester City (1) and most recently Liverpool (1).

Foundation
At the close of the 1990–1991 season, a proposal was tabled for the establishment of a new league that would bring more money into the game overall. The Founder Members Agreement, signed on 17 July 1991 by the game's top-flight clubs, established the basic principles for setting up the FA Premier League. The newly formed top division was to have commercial independence from The Football Association and the Football League, giving the FA Premier League licence to negotiate its own broadcast and sponsorship agreements. The argument given at the time was that the extra income would allow English clubs to compete with teams across Europe.

The First Division clubs resigned en masse from the Football League in 1992, and on 27 May that year the FA Premier League was formed as a limited company, working out of an office at the Football Association's then headquarters in Lancaster Gate.

The founder members of the new Premier League were: Arsenal, Aston Villa, Blackburn Rovers, Chelsea, Coventry City, Crystal Palace, Everton, Ipswich Town, Leeds United, Liverpool, Manchester City, Manchester United, Middlesbrough, Norwich City, Nottingham Forest, Oldham Athletic, Queens Park Rangers, Sheffield United, Sheffield Wednesday, Southampton, Tottenham Hotspur and Wimbledon.

Competition Structure
There are 20 clubs in the Premier League. During the course of a season each club plays the others twice: once at their home stadium and once at that of their opponents' stadium, for 38 games. Teams receive three points for a win and one point for a draw. No points are awarded for a loss. Teams are ranked by total points, then goal difference, and then goals scored. If still equal, teams are deemed to occupy the same position. If there is a tie for the championship, for relegation, or for qualification to other competitions, a play-off match at a neutral venue decides rank.

A system of promotion and relegation exists between the Premier League and the EFL Championship. The three lowest placed teams in the Premier League are relegated to the Championship, and the top two teams from the Championship promoted to the Premier League, with an additional team promoted after a series of play-offs involving the third, fourth, fifth and sixth placed clubs. The number of clubs was reduced from 22 to 20 in 1995, when four teams were relegated from the league and only two teams promoted. The top flight had only been expanded to 22 teams at the start of the 1991–92 season – the year prior to the formation of the Premier League.