Leicester City Football Club is an English professional football club based in Leicester in the East Midlands, The club competes in the Premier League, England's top division of football league system and the team plays its home matches at the King Power Stadium. Leicester won the 2015–16 Premier League, their first top-level football championship. They are one of only six clubs to have won the Premier League since its inception in 1992. A number of newspapers described Leicester's title win as the greatest sporting shock ever; multiple bookmakers had never paid out at such long odds for any sport. As a result, the team was dubbed "The Unbelievables", a spin-off harking back to Arsenal's undefeated team "The Invincibles". The club's previous highest finish was second place in the top flight, in 1928–29, then known as the First Division.