The competition formed 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, which was founded in 1888, and take advantage of a lucrative television rights deal. The deal was worth £1 billion a year domestically as of 2013–14, with BSkyB and BT Group securing the domestic rights to broadcast 116 and 38 games respectively.[The league generates €2.2 billion per year in domestic and international television rights. In 2014/15, teams were apportioned revenues of £1.6 billion
The Premier League is a corporation in which the 20 member clubs act as shareholders. Seasons run from August to May. Teams play 38 matches each (playing each team in the league twice, home and away), totalling 380 matches in the season. Most games are played on Saturday and Sunday afternoons; others during weekday evenings. It is colloquially known as the Premiership and outside the UK it is commonly referred to as theEnglish Premier League (EPL).
While 47 clubs have competed since the inception of the Premier League in 1992, only six have won the title: Manchester United (13), Chelsea (4), Arse
"Since the start of the Premier League in 1992, seven clubs have never faced the drop; Arsenal, Aston Villa, Liverpool, Manchester United, Everton, Tottenham Hotspur and Chelsea.
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