The 2007–08 Ukrainian First League was the seventeenth since its establishment. There were 20 teams competing. Two teams were relegated from the Ukrainian Premier League 2006-07. Four teams were promoted from the Ukrainian Second League 2006-07.
On June 26, 2008 MFC Mykolaiv was withdrawn from competitions. On July 1, 2008 the club was announced about the official disbandment. Due to the public pressure and with help of Hryhoriy Surkis, it became possible to preserve the club in professional competitions. MFK Mykolaiv was admitted to the 2008-09 Ukrainian Second League instead of the third team of Dynamo, FC Dynamo-3 Kyiv. == References ==