Club Universitario de Deportes, popularly known as Universitario or simply as La "U", is a Peruvian football club based in Lima. The club was founded in 1924 under the name Federación Universitaria by students of the National University of San Marcos but was forced to rename in 1931. Since 1928, the club competes in the top tier of Peruvian football, the Torneo Descentralizado. In 2000, they opened the 80,000-capacity stadium Estadio Monumental, currently the largest stadium in Peru and second-largest in South America, retiring their smaller Estadio Teodoro Lolo Fernández. Universitario and Alianza Lima participate in the Peruvian Clásico, which has its roots in the club's first participation in the Primera División in 1928. It also has rivalries with Sporting Cristal, Deportivo Municipal, and Sport Boys.