The Premier League (officially known as the Barclays Premier League for
sponsorship reasons, colloquially known as The Premiership), is a professional league competition for
football clubs located at the top echelon of the
English football league system (above
The Football League). It is the world's most watched sporting league, and the most lucrative football league. Based solely on the performances of member clubs in European competitions over a five-year period, with the 2006/07 season results in consideration, the Premier League is unofficially ranked second behind Spain's
La Liga, but ahead of Italy's
Serie A in the
UEFA rankings of European leagues; this is an improvement on the third place from the official rankings up to the 2005–06 season.
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