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The Premier League is the top level of the English football league system. Founded in 1992, it is contested by 20 clubs, operating on a system of promotion and relegation with the English Football League (EFL). Seasons typically run from August to May, with each team playing 38 matches against all other teams, both home and away. The most watched sports league in the world, the Premier League broadcast in 212 territories to 643 million households.