History
The club was founded on 11 May 1911, as a subdivision of KFUM, the Icelandic YMCA. The name was later in the same year changed to Valur, which is an Icelandic word for gyrfalcon. In 1930 the club won its first national title and has been amongst the best football teams in the country ever since. In 1939 Valur bought the farmgrounds of Hlíðarendi which retains its name even today, where they currently practice and play, and where they now have a full-fledged football field and an indoor arena. Originally Valur played only football, but around 1940, the club got involved in more sports, first team handball where they won the first national title and also reached the final of the EHF Champions League in 1980, and later skiing. In the post-war era (1948), a women's handball division was started at Valur and in the 1970s a women's football division. In 1970, Körfuknattleiksfélag Reykjavíkur (Reykjavík Basketball Club, KFR) joined Valur and became their basketball division.
Read more about this topic: Valur Football Club
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