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Formed in 2003 following the demise of the Ice Hockey Superleague, it is the highest level of ice hockey competition in the United Kingdom. The league operate three competitions for members; the play-offs determine the national champion, following a regular season league competition for which separate champions are also crowned. Finally, a stand-alone knock-out cup, the Challenge Cup is also held annually.
The league currently consists of one division of ten teams, with representation from all four nations of the United Kingdom – the only league in any sport to do so. In fourteen completed seasons the league championship has been won by five different teams.
The day-to-day operation of the league is overseen by chairman Tony Smith, director of hockey Andy French, and a board of directors. Disciplinary matters are handled by director of discipline and former referee Simon Kirkham. The level below the Elite League is the National Ice Hockey League. A system of promotion and relegation is not operated by the Elite League; teams enter the league on the basis of a decision by the board of directors.