The Premier League was formed in 1992 and it will now have its own Hall of Fame. The accolade will represent the highest individual honour awarded to players by the Premier League.
When will players be inducted?
The first two players will be inducted into the Premier League Hall of Fame at an event on Thursday, March 19.
To be eligible, players must be retired, and only a player’s Premier League career is considered in their candidacy.
Each inductee will receive a personalised medallion, engraved with the year of their induction.
Premier League chief executive Richard Masters said: “A place in the Premier League Hall of Fame is reserved for the very best.
“It will be an occasion for our fans around the world to look back over the years and help us celebrate some truly exceptional playing careers.”