There's no competition yet. Any competition will be decided depending on a decent number of teams and then how many credits people have.
Let me know your team name and I'll organise a few friendlies for you which won't cost you any credits.
I'll also give any new players some tips on how to get credits without paying for them.
Once you've got your team, look at the main menu on the left. Go to "Get Credits" and then choose "Vote for Credits". You can get between 80-100 credits everyday and you can use these credits to either challenge other players in friendlies, join private leagues or pay for training and new players.