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Yes! Then each country has its own top major league. Every year, worst teams are relegated to the lower league and some others from that one get promoted. In Spain, the bottom 3 teams at the end of the year in La Liga are relegated to second division. Top 3 teams from the second division are promoted to La Liga.
I know it's different from American sports where there is not relegations or promotions.
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The way we use the term here, and as I understand how professional soccer is organized, the Premier League would be the UK major league and the Championship would be the highest UK minor league.