Chelsea started in 1905 and played the second division of the league. They won their first trophy in 1955, when they became Champions of the First Division. They won the FA Cup in 1970, 1997, 2000 and 2007. They won the League Cup in 1965, 1998, 2005 and 2007. In 1970s Chelsea failed to maintain their position of the first division, due to the financial difficulties. In 1990s they challenged the title of Premier League. They came close but did not win it until 2005 and 2006.