Premier League

The Premier League, colloquially known as The Premiership or internationally the EPL, is an English professional league for football clubs. At the top of the English football league system, it is the country's primary football competition. The Premier League is currently contested by 20 clubs, operating a system of promotion and relegation with The Football League. Seasons run from August to May, with teams playing 38 games each. It is currently sponsored by Barclays Bank, and known as the Barclays Premier League.

The competition formed as the FA Premier League on 20 February 1992 and the first games were played on 15 August that year, following the decision of clubs in the Football League First Division to break away from The Football League to take advantage of a lucrative television rights deal; The Football League had served as England and Wales' primary football competition since 1888. Since then, the Premier League has become the world's most watched sporting league and the most lucrative football league, with combined club revenues of around £1.4 billion in 2005–06, which is expected to rise to around £1.8 billion for 2007–08, primarily due to rising media revenues. The league is a corporation with the 20 clubs acting as shareholders.

A total of 40 clubs have competed in the Premier League, but only four have won the title: Manchester United, Blackburn Rovers, Arsenal, and Chelsea. The current champions are Manchester United, who won their tenth Premier League title in the 2007–08 season, the most of any Premier League team.

Origins

The 1980s had marked a low point for English football. Stadiums were crumbling, supporters endured poor facilities, hooliganism was rife, and English clubs were banned from European competition following the events at Heysel in 1985. The Football League First Division, which had been the top level of English football since 1888, was well behind leagues such as Italy's Serie A and Spain's La Liga in attendances and revenues, and several top English players had moved abroad. However, by the turn of the 1990s the downward trend was starting to reverse; England had been successful in the 1990 FIFA World Cup, reaching the semi-finals. UEFA, European football's governing body, lifted the five-year ban on English clubs playing in European competitions in 1990 and the Taylor Report on stadium safety standards, which proposed expensive upgrades to create all-seater stadiums, was published in January of that year.

Television money had also become much more important; the Football League received £6.3million for a two-year agreement in 1986, but when that deal was renewed in 1988, the price rose to £44m over four years. The 1988 negotiations were the first signs of a breakaway league; ten clubs threatened to leave and form a "super league", but were eventually persuaded to stay. As stadiums improved and match attendance and revenues rose, the country's top teams again considered leaving the Football League in order to capitalise on the growing influx of money being pumped into the sport.

Foundation

In the 1991 close season, a proposal for the establishment of a new league was tabled 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 would have commercial independence from the Football Association and the Football League, giving the FA Premier League license to negotiate its own broadcast and sponsorship agreements. This was considered necessary so that English clubs could once again compete with and beat the best of Europe, while attracting the best talent in the world, something which in 1991 seemed practically unthinkable.

In 1992 the First Division clubs resigned from the Football League en masse and on 27 May 1992 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. This meant a break-up of the 104-year-old Football League that had operated until then with four divisions; the Premier League would operate with a single division and the Football League with three. There was no change in competition format; the same number of teams competed in the top flight, and promotion and relegation between the Premier League and the new First Division remained on the same terms as between the old First and Second Divisions.

The 22 inaugural members of the new Premiership 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.

Establishment

As of the end of the 2007–08 season, there had been 16 completed seasons of the Premier League. The league held its first season in 1992–93 and was originally composed of 22 clubs. The first ever Premiership goal was scored by Brian Deane of Sheffield United in a 2–1 win against Manchester United. Due to insistence by FIFA, the international governing body of football, that domestic leagues reduce the number of games clubs played, the number of clubs was reduced to 20 in 1995 when four teams were relegated from the league and only two teams promoted. On 8 June 2006, FIFA requested that all major European leagues, including Italy's Serie A and Spain's La Liga be reduced to 18 teams by the start of the 2007–08 season. The Premier League responded by announcing their intention to resist such a reduction. Ultimately the 2007–08 season kicked off again with 20 teams. The league changed its name from the FA Premier League to simply the Premier League in 2007. That same season saw the discussion over Game 39, a showpiece match played overseas.

Corporate structure

The Premier League is operated as a corporation and is owned by the 20 member clubs. Each club is a shareholder, with one vote each on issues such as rule changes and contracts. The clubs elect a chairman, chief executive, and board of directors to oversee the daily operations of the league. The Football Association is not directly involved in the day-to-day operations of the Premier League, but has veto power as a special shareholder during the election of the chairman and chief executive and when new rules are adopted by the league.

The Premier League sends representatives to UEFA's European Club Forum, the number of clubs and the clubs themselves chosen according to UEFA coefficients. The European Club Forum is responsible for electing three members to UEFA's Club Competitions Committee, which is involved in the operations of UEFA competitions such as the Champions League and UEFA Cup.

Source: Premier League