 Since its foundation in 1965, under the name of European Cup, the competition has been dominated by teams from Spain (mainly from Catalonia), Portugal and Italy.In 1997, the European Cup and the European Cup Winners' Cup were merged to create the Champions League, whose winners have since been decided in a final tournament contested by the best four to eight teams and held in a single venue.In 2007, the competition name and format was changed to form the European League, a 16-team competition with no preliminary rounds.