Complex sentence: In the United Kingdom, varsity team refers to groups participating in varsity matches in sport or other competitions between rival universities, most famously Oxford University vs. Cambridge University and also King's College London vs University College London among others.
Split into simpler sentences: In the United Kingdom, varsity team refers to groups participating in varsity matches in sport or other competitions between rival universities, most famously Oxford University vs. Cambridge University. Other notable varsity's include King's College London vs University College London among others.