The Barclay's Premier League will no longer be be sponsored by Barclay's after next season. In fact, it won't be sponsored by anybody. The league announced today via twitter that it will be dropping the sponsorship of its name beginning with the 2016-2017 season.
PL clubs have agreed a new strategy, away from title sponsorship. From 2016/17 the competition will be referred to as the ‘Premier League’— Premier League (@PLSpokesman) June 4, 2015
The league will be referred to simply as the "Premier League" without the branding. According to the Mail, the change is an attempt to have emulate the "clean" sponsorship of American sports leagues like the National Football League and the National Basketball Association, and Major League Baseball, none of which have a league sponsor attached to it.
The Premier League has had a sponsor since its inception for all but the very first year of its inception, and has been sponsored by Barclays Bank since 2004. According to the Mail, the league received £120m from Barclays for the final three years of its sponsorship. The change will not have an impact on individual clubs' ability to make their own sponsorship deals. It's not yet clear if the change to a sponsor-less system will have any impact whatsoever on the overall financial health of the Premier League.