Football League Two/import

Football League Two (often referred to as League Two for short or Coca-Cola Football League 2 for sponsorship reasons) is the third-highest division of The Football League and fourth-highest division overall in the English football league system.

Football League Two was introduced for the 2004–05 season. It was previously known as the Football League Third Division. Prior to the advent of the Premiership, the fourth-highest division was known as the Football League Fourth Division. It is the most profitable and competitive fourth-tier football league in the world.

Structure
There are 24 clubs in Football League Two. Each club plays each of the other clubs twice (once at home, once away) and are awarded three points for a win, one for a draw and zero for a loss. From these points a league table is constructed.

At the end of each season the top three teams, together with the winner of the play-offs between the teams which finished in 4th–7th position, are promoted to Football League One and are replaced by the four teams that finished at the bottom of that division.

Similarly the two teams that finished at the bottom of Football League Two are relegated to the Conference National and are replaced by the team that finished 1st and the team that won the 2nd–5th place play-off in that division. (Promotion from the Conference National has slightly stricter criteria; if Conference candidate team(s) do not fulfill stadium and other criteria, the League Two team(s) is/are reprieved).

Final League position is determined, in this order, by points obtained, goal difference, goals scored, a mini-league of the results between two or more teams ranked using the previous three criteria and finally a series of one or more play off matches.

There is a mandatory wage cap in this division that limits spending on players' wages to 60% of club turnover.

Football League Two clubs 2008–09
♦ — Will begin the 2008-09 campaign on -10 points after being found guilty of illegal agent payments.

Winners of Football League Two
For past winners at this level before 2004, see List of winners of English Football League Two and predecessors.

League Two stadia 2008–09
*This ground contains terracing